RTP

Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
December 20, 2023  |  Real-Time Payments

Jon Budd, CEO of Juniper Payments, a PSCU company, said instant payments, over the long term, will see a blossoming of use cases and demand...

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FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
December 14, 2023  |  Real-Time Payments

The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. The service launched in July with 35 participants, and is expected...

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Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
December 13, 2023  |  Real-Time Payments

Trustly has found that merchants’ desire to provide instant payouts to their customers is driving demand for its Real-Time Payments (RTP) service. Due in part to...

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Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
December 01, 2023  |  Real-Time Payments

Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Although it is...

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40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
November 22, 2023  |  Real-Time Payments

The demand for real-time payments is soaring, with The Clearing House’s RTP® network, the flagship real-time payment system in the United States, now serving 65%...

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The Clearing House Names Margaret Weichert as New Product Chief
The Clearing House Names Margaret Weichert as New Product Chief
October 30, 2023  |  News

Real-time payments network operator The Clearing House (TCH) has a new chief product officer. Margaret Weichert, who comes to TCH following a stint as North American payments...

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Two Tiers of Payments Innovation Will Shape Industry’s Future
Two Tiers of Payments Innovation Will Shape Industry’s Future
October 24, 2023  |  Payments Innovation

The innovations shaping the payments industry are moving in real time. And increasingly so, too, is money itself. “What we’re seeing from a product perspective...

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Thought Machine and Form3 Partner on Real-Time Payment Processing 
Thought Machine and Form3 Partner on Real-Time Payment Processing 
October 23, 2023  |  Real-Time Payments

Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  This collaboration...

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Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Speaking Tuesday (Oct. 17) at...

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