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The Clearing House: RTP Network Drives New Use Cases, Creates Value For SMBs This Holiday Season

PYMNTS

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. Indeed, it can be difficult for businesses to change their payment habits. This is a new payment system," he noted. Today's Most Valuable Use Cases.

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The Clearing House’s Strategies To Drive RTP Uptake

PYMNTS

Payment scheme providers must consider how to encourage adoption, especially if operating in countries lacking a government mandate for financial institutions (FIs) to sign on. Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S.,

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TCH Releases Business Principles, Adds Seats To RTP Committee

PYMNTS

The Clearing House (TCH), which operates the RTP Business Committee, has added four seats to the committee to incorporate community bank and credit union representation, and also released a set of business principles to outline the RTP’s work. The RTP network was created to help depository institutions with their needs.

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Jack Henry’s Payments Hub Connects 15 FIs To RTP Network

PYMNTS

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. TCH’s RTP network gives FIs of all sizes the ability to clear and settle real-time payments. More than half of U.S.

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Faster Payment Becomes A Federal Case

PYMNTS

There’s a battle brewing in payments. It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Public vs. Private RTP. Federal Reserve is hardly alone in envisioning a national fast payments/rapid settlements system. RTP and Ubiquity.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. ISO 20022’s path to ubiquity could serve as a model for faster payments technologies’ own adoption journeys.

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TCH Ups Limit For General Transactions To $100K

PYMNTS

The new higher limit affects general transactions on the real-time payments (RTP) network, which is operated by TCH. Increasing the transaction value limit to $100,000 is the next logical step for the growing RTP network,” said Steve Ledford, senior vice president of product strategy and development for TCH. .

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