PYMNTS

APRIL 26, 2019

As noted in the Faster Payments Tracker, and to offer up just a few examples: the Federal Reserve is mulling the creation of its real-time payments system; The Clearing House (TCH) has its own real-time system, seeking critical mass among banks and in Australia, the New Payments Platform is logging new use cases. 95 Percent: Share of U.S.

Faster Payments 60

Faster Payments Same Day ACH TCH Federal Reserve 60

PYMNTS

FEBRUARY 4, 2019

Consumers may find it easy to pull out cards, but this system doesn’t work as well for retailers, who must wait one to three days for those payments to process. . Use of Same Day ACH (SDA) — overseen by NACHA (The Electronic Payments Association) and the Federal Reserve — has risen. Faster Rails. The Federal Approach.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

MAY 4, 2016

Challenges and solutions continue to emerge surrounding NACHA’s recent move toward establishing Same Day ACH payments, which are due to arrive as soon as September 2016. Companies said they were also interested in how ACH might impact expedited bill pay, person-to person functionality, and payment options.

Faster Payments 40

Faster Payments Same Day ACH NACHA ACH 40

PYMNTS

JANUARY 21, 2019

when the vast majority of banks have resisted throwing their support behind TCH, which has been trying for the last several years to get its real-time payments alternative off the ground. Oddly, the push for faster payments also comes at the same time when payments in the U.S. It also comes at a time in the U.S.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

JUNE 25, 2019

Looking at the short- and medium-term roadmaps, he noted that Visa’s focus will be to make sure that existing clients — such as Interac, TCH and others — experience no disruption in service as a result of the acquisition. Ripple Effects.

Transactions 79

Transactions Real Time Payments Same Day ACH Payments 79

PYMNTS

DECEMBER 4, 2019

It is part of its broader efforts to support payments modernization in the country with the RTP network, which is operated by The Clearing House (TCH) as a recent addition to the U.S. payments rail ecosystem to support faster transfer of funds.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

JUNE 18, 2019

The Clearing House [TCH] launched its own RTP network at the end of 2017.). The rollout of Same Day ACH several years ago served to kick-start the process.”. In recent months, though, real-time payments (RTP) have garnered more interest and no shortage of headlines in the U.S.

RTP 78

RTP P2P B2B RFP 78

PYMNTS

JANUARY 7, 2020

PYMNTS CEO Karen Webster wrote about the issues this created within the industry: “First, there was the Fed’s decision to slow faster payments progress via Same-Day ACH because it wasn’t ready to approve another processing window during the day.

Payroll 52

Payroll Same Day ACH Fed RTP 52

PYMNTS

JUNE 24, 2019

Earlier this month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payments technologies to the community banks. According to the organization, the RTP network currently reaches over 50 percent of U.S. transaction accounts. Adoption depends greatly on partnerships to make RTP more accessible.

Real Time Payments 65

Real Time Payments RTP Faster Payments Payments 65

PYMNTS

MAY 5, 2016

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.

Faster Payments 41

Faster Payments TCH Real Time Payments Payments 41

PYMNTS

MAY 8, 2017

Icon Solutions , which provides FIs with technology and consulting to help get their real-time payments capabilities up and running, recently announced that it is working with The Clearing House (TCH), offering TCH its Instant Payments Framework. This is something that the cards world solved a long time ago,” Hay said.

Real Time Payments 46

Real Time Payments ISO 20022 TCH ACH 46

PYMNTS

JULY 28, 2016

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. Even the most recent work with the U.S. TURNING CONFUSION INTO CLARITY.

ISO 20022 40

ISO 20022 ISOs NACHA ACH 40

PYMNTS

SEPTEMBER 30, 2016

SWIFT has its thing, IBM is doing something else and allegedly with The Clearing House and Vocalink (although it’s been crickets from TCH for quite some time). NACHA just launched Same Day ACH – the only faster ubiquitous payments play in the U.S. ACI and Vocalink inked a deal.

CFPB 69

CFPB Online and Mobile Banking Bots Same Day ACH 69