PYMNTS

JULY 27, 2020

The entire [digital payments] industry ends up being created outside the banks on products that should have been developed by them,” Edwards said. But ultimately consumers know choices are out there, Edwards said, and demand for them is going to rise. It’s happening either way,” Edwards told Webster. Who Wants Instant?

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

The Fintech Times

MAY 7, 2024

In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed. Across much of the world, instant payments have quickly become the norm.

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

Finovate

MARCH 4, 2024

The Clearing House reported record usage of its RTP network in the third quarter of last year, when it reached 64 million transactions valued at $34 billion. Under the scaled up agreement, Galileo and The Bancorp will leverage The Clearing House’s Real Time Payments (RTP) network to fuel real-time payments services.

Real Time Payments 64

Real Time Payments RTP FedNow Payments 64

PYMNTS

OCTOBER 29, 2019

The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s But RTP isn’t the only novel network to gain traction in the small business in corporate realm. Finxact Enables Banks’ RTP Product Development.

RTP 40

RTP Blockchain Business Payments Payment APIs and Integration 40

PYMNTS

DECEMBER 24, 2020

Amazon Pay Head of Product Kris Zanuldin told PYMNTS that consumers are seeing the first stage of a new voice technology era, as consumers reform their commerce habits and merchants scramble to catch up with them. RTP is particularly relevant in the current climate. six years to achieve the same level of usage. This compares to 53.1

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization. “We

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

NOVEMBER 3, 2020

The appetite for new payments approaches is only growing, with The Clearing House (TCH) reporting that 400 more FIs have already gained technical access to the RTP network.”. RTP Doing Its Part for a Quicker Recovery. With real-time payments becoming more real every day, awareness is climbing – and with it, so is demand.

Real Time Payments 109

Real Time Payments RTP Same Day ACH Payer 109

Fintech Finance

JULY 9, 2024

“As customer demand continues to evolve, it is crucial that financial institutions of all kinds have the solutions they need to stay competitive, especially as we’re seeing an increase in the pace of regulatory change,” stated Anders Ohrneman, Head of IT Post-Trade & Operations, Azqore. The company processed the first U.S.

ISO 20022 97

ISO 20022 ISOs Technology Instant Payments 97

Fintech Finance

JULY 12, 2024

With Orbipay EBPP, accountholders will have an enhanced ability to manage and pay their loans with the convenience that today’s consumer demands. We are excited about the future integration of real-time A2A transfers, allowing users to send payments instantly via the RTP® network and FedNow® Service rails.”

Instant Payments 97

Instant Payments FedNow RTP ACH 97

PYMNTS

OCTOBER 8, 2020

Also seen in this week’s roundup of the latest in Bank-FinTech innovations was Alacriti teaming with The Clearing House on real-time payments (RTP), while Singapore Banking-as-a-Service (BaaS) startup RootAnt concluded a seed round with $1.46 Alacriti Collaborates With The Clearing House on RTP. Fusion Reveals Payments Platform Banks.

Innovation 120

Innovation Technology FinTech RTP 120

PYMNTS

MARCH 12, 2020

Faster payments are only one example of the effects of a world moving toward real-time everything, with growing customer demands driving change in the way banks and businesses operate themselves. This is essential even if banks choose to turn to third-party FinTechs to deploy new products rather than develop them in-house, said Reuter.

RTP 85

RTP Real Time Payments Zelle Faster Payments 85

PYMNTS

APRIL 21, 2017

Icon Solutions announced the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), which will accelerate U.S. According to Finextra , IPF is an agile software product that will expedite U.S. We foresee a high demand for IPF in the U.S.

Real Time Payments 40

Real Time Payments TCH RTP Product 40

PYMNTS

DECEMBER 4, 2019

Not only does that figure represent the growing demand among businesses for faster, more agile and more transparent ways to move funds across borders, it also reflects the financial services industry’s willingness to embrace something other than legacy payment networks to facilitate that demand. HSBC Loops Into RTP.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

SEPTEMBER 19, 2018

” In another statement, PNC Treasury Management Executive Vice President and Head of Product Chris Ward said the demand for real-time payments across the globe is “critical” as the economy digitizes. The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

PYMNTS

NOVEMBER 18, 2019

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday (Nov. This is the latest enhancement of HSBC’s implementation of the RTP network. depository institution on the RTP network. payments industry.

Real Time Payments 40

Real Time Payments RTP TCH Cash Management 40

Clearly Payments

DECEMBER 18, 2023

trillion by 2027 (Juniper Research), a testament to the growing demand for instant, transparent transfers. These initiatives, expanding in 2024, facilitate the sharing of financial data with third-party apps, offering personalized financial advice and tailored products. AI is in the early days, but it is moving extremely quickly.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

PYMNTS

NOVEMBER 4, 2019

Both are key to addressing the modern demands of end-users. As faster payment networks continue to roll out onto the market, Deborah Kovacs, co-founder and chief product officer of core banking technology provider Finxact , said there is also a growing opportunity for these two trends to converge. Driving Competition.

Real Time Payments 44

Real Time Payments RTP Payment APIs and Integration Faster Payments 44

PYMNTS

OCTOBER 21, 2020

These statistics dramatically illustrate how consumer demands — and the supply chains that fulfill them — have shifted in just a matter of months. Consumers and businesses today are going online to find products, services and suppliers to an unprecedented degree. Cross-border online sales in the U.S.

Cross-Border 63

Cross-Border RTP Cross-Border Payments Regulatory Compliance 63

PYMNTS

MAY 14, 2020

As it grows its target market and takes a wider position in the market, Penta is now providing its product as well as services to solo self-employed individuals. RTP Global was the company’s lead contributor alongside past investor HV Holtzbrinck Ventures as well as other investors. In separate news, Penta had finished a $20.4

RTP 60

RTP On-Demand Accounts Product 60

PYMNTS

JULY 16, 2019

Now, now, now — that’s the chorus coming from consumers, merchants and other companies when it comes payments, and that demand is fueling progress in real-time payments. Significant challenges remain before the benefits of real-time payments (RTP) really start to show themselves. New RTP Rails. RTP Security.

Real Time Payments 40

Real Time Payments RTP Faster Payments Law Enforcement 40

PYMNTS

JANUARY 24, 2019

The demand for faster payments is strong in the U.S., Since The Clearing House (TCH) launched Real-Time Payments (RTP) in 2017, the system has yet to reach ubiquity in the U.S. Yet, while demand is strong, not all financial players agree on how to achieve it. is hoping to attain real-time payments ubiquity by that point.

Federal Reserve 67

Federal Reserve Real Time Payments Faster Payments RTP 67

PYMNTS

SEPTEMBER 24, 2020

The economy was still booming and small businesses were doing well — so much that cash flow wasn’t a top concern, Lisa McFarland , Ingo Money ’s executive vice president and chief of product, told Karen Webster in a recent conversation. . . In fact, it can take ever longer if an invoice has to be processed. . .

Checks 105

Checks ISOs Small Business Point-of-Sale (POS) 105

PYMNTS

MAY 14, 2020

As it grows its target market and takes a wider position in the market, Penta is now providing its product as well as services to solo self-employed individuals. RTP Global was the company’s lead contributor alongside past investor HV Holtzbrinck Ventures as well as other investors. In separate news, Penta had finished a $20.4

RTP 52

RTP On-Demand Accounts Product 52

PYMNTS

MARCH 18, 2019

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. Then came PayPal’s debut of Instant Transfer to Bank. No date has been given for that process.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

DECEMBER 6, 2017

PNC announced it is now live on The Clearing House’s real-time payments network RTP, according to a press release published on Tuesday (Dec. The financial institution (FI) has linked into RTP in the U.S. The bank’s decision to use the platform for real-time payments is a response to market demand, it added.

Real Time Payments 40

Real Time Payments Payment Networks RTP RFP 40

PYMNTS

DECEMBER 29, 2020

Retailers frequently need to hire seasonal workers to help keep up with demand during the holiday shopping season. Ledford explained how TCH’s Real-Time Payments ( RTP ) network could enable employers to disburse payroll instantly. Around the World Of Real-Time Payments. The Debate Guiding FIs' Real-Time Rail Adoption Decisions.

Faster Payments 124

Faster Payments Payment APIs and Integration Real Time Payments Instant Payments 124

PYMNTS

JUNE 24, 2019

The demand for faster payments is strong in the U.S., The demand for faster payments is strong in the U.S., The Clearing House, a banking association, launched its Real-Time Payments (RTP) network in November 2017. According to the organization, the RTP network currently reaches over 50 percent of U.S. In the U.K.

Real Time Payments 65

Real Time Payments RTP Faster Payments Payments 65

PYMNTS

DECEMBER 18, 2020

Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand. Traditionally, payment projects and products have taken at least a year — and sometimes several — to get off the ground. The cloud — and specifically PaaS — allow banks to scale their payments functionality to clients on demand.

Economy 67

Economy API Payment APIs and Integration FedWire 67

PYMNTS

JANUARY 25, 2019

Some financial institutions (FIs) are seeking to help their corporate clients tap into real-time payments (RTP) to keep up the pace. . “We We might be at a tipping point in the market, [in which] the market just demands faster payments,” said Matt Richardson, head of product solutions at Citizens Bank. . as an example.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67

PYMNTS

OCTOBER 15, 2020

That’s strong growth for something that is a mature payment product,” said Larimer. There’s room for RTP and ACH to co-exist, said Waterhouse, “for a very, very long time.” Real time and the ACH network can actually work together to displace paper checks.” ACH, she said, has been growing by double-digit percentage points annually.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

DECEMBER 6, 2018

In the latest edition of the PYMNTS DataDrivers podcast, Karen Webster talks with George Evers, senior vice president of real-time product at Vocalink , about the how far real-time payments have already come, and where they are headed. A successful RTP use case often needs other forces at work. That’s progress. Gig Economy.

Real Time Payments 56

Real Time Payments RTP Payments Economy 56

Faster Payments Council

OCTOBER 4, 2020

While in the United States ubiquitous instant payments are not yet a reality, the American people, now more than ever, are urgently demanding 21st century digital solutions in all facets of life. With systems like The Clearing House's Real Time Payments (RTP®) Network now available, faster payments are clearly advancing.

Faster Payments 68

Faster Payments Real Time Payments Federal Reserve Payments 68

PYMNTS

FEBRUARY 4, 2019

Demand for these services is high. TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. They stated that major banks have too much control over the RTP system and that they regarded the Fed as a compelling and more equitable alternative to achieving payments ubiquity. The Federal Approach.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

AUGUST 30, 2019

At the time, PNC Treasury Management Executive Vice president and Head of Product Chris Ward said corporates demand access to real-time cross-border payments. At the time, PNC Treasury Management Executive Vice president and Head of Product Chris Ward said corporates demand access to real-time cross-border payments.

Cross-Border 76

Cross-Border Transactions Cross-Border Payments Treasury Management 76

PYMNTS

AUGUST 14, 2019

demand deposit accounts will have access to Zelle through the 480 financial institutions contracted to join the Zelle Network,” said Al Ko, CEO at Early Warning. “We We continue to see double-digit increases in new customer wins each month, demonstrating continued demand for Zelle from national and regional banks and credit unions.”.

P2P 49

P2P Zelle Venmo RTP 49

PYMNTS

APRIL 29, 2020

For their part, members trust CUs to manage their money with prudence and to offer the right products. RTP, P2P and the People Who Love Them. percent of millennials would be ‘very’ or ‘extremely’ interested in using P2P payment products if they were available, and that another 9.7 CUs value innovation that benefits members.

Credit Union 61

Credit Union Innovation P2P Credit Union Service Organization 61