Payments News

On The Web

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Systems

Dwolla Partners With Metromile to Enable Digital Insurance Claims Payments

“Seeking to improve the customer experience for insurance-claim payments, Metromile Enterprise Solutions LLC, an automated insurance-claims payments platform, is partnering with payment processor Dwolla Inc. to enable digital payments. With the Dwolla integration, insurance companies using Metromile’s Streamline platform can send claims payments in real time using The Clearing House Payment Co.’s RTP Network. Other […]
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Systems

JPMorgan Launches New Real-time Payments Service

“Global payments giant JPMorgan Chase & Co (JPM.N) has launched a real-time payments option that it hopes will increase its edge in the financial industry’s battle to handle more of the surging volumes of global digital payments. The new product, called request for pay, lets corporate clients send payment requests to the bank’s roughly 57 […]

On The Wires

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Systems

Citi’s Real Time Bill Payment Solution Now Connects Institutions With Consumers

“Building on its position as the world’s leading instant payments bank, Citi’s Treasury and Trade Solutions (TTS) division now facilitates digital bill payment for both institutional billers and their consumer customers via the RTP© network, the real-time payment system from The Clearing House (TCH). With this capability, Citi’s institutional clients in the U.S. can send electronic bills […]
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Domains

BNY Mellon, Citi and Verizon Launch Real-Time Bill Pay for Retail Customers in Market First

“BNY Mellon and Citi have collaborated with Verizon to be the first company to send request-for-payment messages to consumers who bank with Citi. When using BNY Mellon’s new Real-Time E-Bills and Payments functionality, Verizon customers with Citibank accounts can pay their bills immediately, at any time of day, 365 days a year, and enjoy greater […]
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Systems

Volante Technologies Finds U.S. RTP Connections Poised to Triple Within the Year

“Volante Technologies , the global leader in cloud payments and financial messaging, today revealed findings from its payments modernization survey aimed at mid-tier banks and credit unions in the U.S. with assets between USD 2.5B and USD 25B. The results show that real-time payments connections are expected to triple within the year, and that cloud Payments as a […]
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Systems

Veridian Credit Union Partners With Alacriti for Real-Time Payments and Fedwire Modernization

“Veridian Credit Union , a full-service financial cooperative with $5.5 billion in assets and more than 260,000 members, has selected Alacriti , an innovator in cloud-based payments and money movement services, as the platform provider that Veridian will use to enable real-time payments over The Clearing House’s (TCH) RTP® network and to accelerate their Fedwire modernization.”
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Systems

Comerica Bank Delivers Real-Time Payments Through Commercial Online Payments Service

“Comerica Bank announced a major enhancement to its online payments service, Comerica Treasury Payments®, with the addition of real-time payments. Comerica is among the first banks to offer commercial and business banking customers the ability to send real-time payments over the RTP® network, which reaches approximately 60 percent of U.S. demand deposit accounts, and joins a […]
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Systems

DailyPay, PNC Bank and The Clearing House Team up to Provide Real-time Access to Earned Pay for Millions of American Workers

“DailyPay, the leader in on-demand pay, has teamed up with PNC Bank and The Clearing House to offer real-time payments over the RTP® network, creating the ability to fulfill employee payment needs 24/7/365 with unmatched speed and accuracy…The RTP network provides DailyPay with a safe and seamless way to instantly transfer funds to its users’ […]