Remove Payment Message Remove Same Day ACH Remove TCH
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The Clearing House’s Strategies To Drive RTP Uptake

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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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Collaborations Bringing Faster Payments Up To Speed

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In this month’s Faster Payments Tracker™ , powered by NACHA, payment providers, in efforts to keep up with modern behavior, are looking for new ways to streamline and quicken financial processing. Companies said they were also interested in how ACH might impact expedited bill pay, person-to person functionality, and payment options.

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Coming Together To Bring Faster Payments To Life

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When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

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Clearing Up The Case For ISO 20022

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Another big confusion point for ISO 20022 is its application to ACH – and now Same Day ACH. Estep makes it clear that the concept of Same Day ACH needs to be separated from ISO. “We’ve been working with the industry to develop tools and solutions that allow ACH users today in the U.S.