On The Wires
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“Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP® network . “Demand for faster payments has never been higher, and today’s integration milestone eliminates lengthy and costly legacy processes that have long been barriers to many real-time payment settlements between financial institutions,” said Lou […]
ACI Worldwide Powers Real-Time Payments Growth for Thailand’s National Interbank and Transaction Management and Exchange (ITMX)
“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , today announced that Thailand’s National Interbank Transaction Management and Exchange (ITMX) has successfully implemented ACI’s real-time payments solution to modernize Thailand’s bulk payments processing system and support continued real-time growth.”
Wells River Savings Bank to Implement the RTP Network | The Clearing House
“Wells River Savings Bank, a community bank in Vermont, announced that it has committed to bringing real-time payments capabilities to its customers through the RTP® network developed by The Clearing House (TCH). Wells River will gain access to the RTP network through SHAZAM, Inc., a national debit-branded network and provider of core, EFT and other […]
Form3 and Mastercard create partnership to support access to real time payment infrastructure
“Form3, the leading cloud-native payment technology provider has secured a partnership with and investment from global payment technology leader Mastercard. Together, Form3 and Mastercard will help banks and financial institutions around the world connect with domestic and international payment platforms more seamlessly, reliably and securely.”
Scotiabank 1st to Offer Real-Time Payments in Canada through Interac e-Transfer® for Business
“Scotiabank is the 1st financial institution in Canada to offer real-time payments for all business banking customers using flexible routing options like an account number or email address, using Interac e-Transfer® for Business. This, along with data-rich remittance information will make it easier for businesses of all sizes to pay one another and reconcile transactions in real-time.”
ASC X9 Forms Real-time Payments Study Group; Participants Sought
“Today the Accredited Standards Committee X9 Inc. ( X9 ) announced the formation of a new study group focused on faster/real-time payments. The study group will review real-time and faster payments activity in the financial industry, with the intent to become X9’s central point of contact for all related and supporting X9 technical standards and […]
Payments Canada selects Mastercard’s Vocalink as the clearing and settlement solution provider for Canada’s new real-time payments system, the Real-Time Rail
“Payments Canada today announced the selection of Mastercard’s Vocalink as the clearing and settlement solution provider for the country’s new real-time payments system, the Real-Time Rail (RTR). This announcement follows an extensive procurement process that included the Bank of Canada and the Department of Finance. The partnership will draw on Mastercard’s expertise, and its next-generation […]
Early Warning and The Clearing House Complete Critical Integration Milestone of the Zelle® and RTP® Networks
“Early Warning Services, LLC. (EWS), the owner and operator of the Zelle Network®, and The Clearing House (TCH), the operator of the RTP® network, today announced that financial institutions can now settle Zelle payments over the RTP network, the real-time payment system in the United States. PNC Bank and U.S. Bank have successfully completed a […]
Western Union Expands Real-Time Payout
Western Union, announced it has further expanded its global digital network for funds payout and increased the availability of real-time payouts, advancing the company’s goal of building the world’s largest funds collection and distribution network to meet the growing customer demand for transparency, immediacy, and reliability.
Alacriti Announces Cloud-Native, End-to-End Solution for Real-Time Payments
“Alacriti , a fintech company specializing in payments today announced its Cosmos for RTP solution, powered by the Orbipay Platform. Cosmos for RTP enables banks and credit unions to quickly and seamlessly connect to The Clearing House’s RTP® network and deliver innovative real-time payment services to their customers. Alacriti’s solution allows financial institutions to rapidly leverage […]