On The Web
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“Tokenization for deposit and checking account information, which ensures a customer’s banking account and routing numbers are never transmitted along with a payment, will soon be available for financial institutions that utilize the RTP® and EPN networks, the real-time payments and Automated Clearing House (ACH) networks operated by The Clearing House. Secure Token Exchange (STE) […]
EBA CLEARING, SWIFT and The Clearing House to Deliver Pilot Service for Immediate Cross-Border Payments
“EBA CLEARING, SWIFT and The Clearing House (TCH) announced today that they plan to launch a pilot service for immediate cross-border (IXB) payments with the support of banks from both sides of the Atlantic. The pilot service is scheduled to begin by the end of this year with several participants joining the service in a […]
TCH Looks to Connect Thousands of Banks for Real-Time Payments Within the Next Few Months
“The Clearing House Payment Co. Ltd., the New York City-based company that, among other services, operates one of only two switches for the nationwide automated clearing house network, finished the third quarter with 36 institutions linked to its Real Time Payment (RTP) network, which went live a year ago. That number will grow fast, exceeding 1,000 next […]
On The Wires
nbsp;Routable Launches Real-Time Payments (RTP®) to Enable Instant Payouts at Scale
“Routable, a modern and intuitive business payments platform, with a focus on mass payouts, today announced the launch of Real-Time Payments (RTP®), which allows businesses to securely pay vendors and contractors within seconds. Routable built RTP® leveraging its extensive experience in mass payouts, so it can accommodate businesses as they scale from 250 payouts per […]
Fiserv and The Clearing House Expand Access to Real-Time Payments
“Thousands of financial institutions will be able to simplify and accelerate the enablement of real-time payments for consumers and businesses as the result of a collaboration between The Clearing House and Fiserv, Inc., a leading global provider of financial services technology solutions. Fiserv financial institution clients will be able to access The Clearing House RTP® network and support […]
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 […]
Chesapeake Bank Provides Faster Payments to Customers on the RTP® Network
“Chesapeake Bank, a community bank serving central and eastern Virginia, has joined the RTP® network developed by The Clearing House. With the RTP network, Chesapeake Bank customers can now receive payments directly into their accounts with real-time receipt confirmation and instant availability, while also providing for advanced messaging capabilities.”
FIS Technology Speeds Testing And Certification Process For RTP, New Real-Time Payments System From The Clearing House
“Financial institutions and payment firms looking to connect to RTP can use the tool to test their readiness to complete RTP certification. They are required to run a variety of simulated tests prior to being certified on the RTP system. New software from FIS will automate the process, allowing participants to run the required tests […]