Liquidity Management, TCH and Value Added Service

Happy First Birthday FedNow: But is This a Cause For Celebration?

The Fintech Times

JULY 24, 2024

Up to this point, US financial institutions have relied on The Clearing House ‘s (TCH) Real-Time Payments Network (RTP), run by big banks. Even since the introduction of FedNow, it seems its popularity has only grown – as it hit new quarterly high values and volumes. What is actually popular? We set out to find out.

FedNow

FedNow Instant Payments RTP Federal Reserve

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur. Digital Dollars, Too? .

Instant Payments

Instant Payments FedNow Fed Interoperability

Payments Space

Happy First Birthday FedNow: But is This a Cause For Celebration?

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

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