PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. In terms of payment innovation, the company notes that real-time payments (RTP) account for over 6 percent of its volume. 12) announcement.

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Treasury B2B Real Time Payments RTP 73

PYMNTS

OCTOBER 30, 2020

Corporate buyers that pay vendors, meanwhile, might seek to satisfy these business partners by delivering money via same-day ACH or over the RTP network. You can do standard ACH that’s free and it’s slow, or you can step up and go to same-day ACH or RTP,” she said. “It Managing Cash Flow Reporting in B2B. Carter said.

Faster Payments 59

Faster Payments Payments Tools RTP Same Day ACH 59

PYMNTS

AUGUST 21, 2018

Less than a year after going live on The Clearing House ‘s Real-Time Payments (RTP) network, PNC is now linking corporate customers of PNC Treasury Management to RTP capabilities. Funds transferred using RTP are available to receivers within seconds, the financial institution (FI) noted.

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Real Time Payments RTP Treasury Management Treasury 40

PYMNTS

JUNE 4, 2020

Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money nearly instantly, according to a press release. RTP is offered through The Clearing House and is touted as the first new payments rail in the U.S.

Real Time Payments 52

Real Time Payments RTP Consumer Online and Mobile Banking 52

PYMNTS

OCTOBER 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. Options for payment methods will include real-time payment (RTP), same day ACH or next day ACH, with PNC planning to incorporate a wire transfer option in the first quarter of next year.

Faster Payments 40

Faster Payments Automation Same Day ACH RTP 40

PYMNTS

DECEMBER 11, 2017

FIS will bridge Fifth Third into The Clearing House’s (TCH) Real-Time Payments (RTP) system to enable real-time transacting for customers. Fifth Third said it will go live on the RTP system in early 2018 and will support business and consumer transactions. Christopher Ward, in a statement earlier this month.

Real Time Payments 40

Real Time Payments RTP TCH Payment APIs and Integration 40

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. via Finastra ’s Fusion Payments, a payment services platform.

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Real Time Payments Payment Networks RTP RFP 40

PYMNTS

OCTOBER 16, 2020

Interest in the Real-Time Payments (RTP) system from The Clearing House (TCH) is growing in the U.S., Firms eager to implement instant payments may find themselves hamstrung by their paper check reliance, however, putting the impetus on their banking and treasury partners to support such a shift.

Instant Payments 76

Instant Payments Treasury Real Time Payments Checks 76

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

SEPTEMBER 10, 2018

Financial services firm PNC Treasury Management , for one, recently announced that its corporate clients are now connected to their Real-Time Payments (RTP) network. The connection is designed to enable users to originate RTP transactions using APIs, file transmissions or the firm’s online or mobile banking portal.

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API B2B Payment APIs and Integration Real Time Payments 46

PYMNTS

JANUARY 28, 2021

In the announcement detailing the deal, PNC said the acquisition would expand the company’s Treasury Management’s payments platform — specifically by enabling corporate clients to manage payables and receivables through a single channel, spanning all payment rails.

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Process Treasury Treasury Management FedWire 60

PYMNTS

OCTOBER 29, 2020

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Same-day ACH may appeal to some companies, while the RTP network suits others, for example. Adam Carter , vice president of global treasury management, faster payments at U.S.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

JUNE 26, 2018

Developed by The Clearing House (TCH), Real-Time Payments (RTP) is a new payment rail that supports near-instant transmission of funds and information. ” There are other imbalances in banks’ RTP plans for B2B payments, too. A recent survey of 20 of the top 60 U.S.

Real Time Payments 46

Real Time Payments Payments Strategy RTP FinTech 46

PYMNTS

OCTOBER 23, 2019

One of them is Deluxe Corporation, whose Treasury Management Solutions unit announced this week a new plug-and-play check scanner that allows users to more seamlessly begin scanning paper checks and integrating that information into back-end systems. s first new payment rail since ACH launched in 1974.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

OCTOBER 21, 2019

The solution leverages the RTP network from The Clearing House for real-time payments clearing and settlement capabilities, allowing suppliers to receive instant access to funds, as well as detailed information about the transaction. “PNC

Visa 44

Visa Real Time Payments RTP Treasury Management 44

PYMNTS

FEBRUARY 6, 2020

Networks like The Clearing House’s RTP and the Federal Reserve’s upcoming FedNow service have taken this approach to building new payment rails from the ground up, while other FinTechs are exploring opportunities in technologies, like blockchain, to do the same.

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Settlement B2B Same Day ACH ACH 67

PYMNTS

DECEMBER 8, 2020

Panelists joining PYMNTS CEO Karen Webster included Ingo Money CEO Drew Edwards ; Wells Fargo Senior Vice President, Head of Global Payables, Treasury Management Michelle Ziolkowski ; and J.P. Morgan Managing Director Industry Head for Public Sector Treasury Services, Wholesale Payments Eva Robinson.

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Consumer Treasury Governance Government 73

PYMNTS

APRIL 22, 2019

Some industry experts are beginning to challenge that notion, though, particularly when it comes to internal cash flows and treasury management processes. Still, others have said that B2B payments should be largely left out of the faster payments conversation.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

OCTOBER 31, 2019

Yet the continued diversification of payments means AR and treasury management platforms will have to juggle integrating a broader array of payment methods, from Zelle to RTP, in order to solve for the reconciliation challenge.

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Lockbox Remittance Data Checks RTP 43