Real-time payments revolution: Exploring TCH RTP® and FedNow® networks
Discover how the TCH RTP® and FedNow® networks are transforming real-time payments, and how financial institutions can harness these systems.
FedNow vs. RTP: unveiling the future of real-time payments
As real-time payments (RTP) adoption accelerates in the U.S., financial institutions are navigating the evolving landscape of instant payments, including the Federal Reserve’s FedNow and The Clearing House’s RTP network.
Is FedNow a CBDC? [+ Other questions, answered]
There’s been quite a bit of confusion around the relationship between the FedNow Service and CBDCs — we’re here to clear the air.
The FedNow® launch: A leap into the future of fintech
The service delivers instantaneous fund transfers and operates beyond regular banking hours, defying the lags traditionally associated with such transactions.
FedNow testing is here: U.S. banks begin transacting on instant payment network ahead of July launch
But while the window of early adoption may be closing, there are plenty of actions that institutions can take right now to prepare for the launch.
Addressing the market’s growing need for smart routing
How embedded preprocessing and smart routing can benefit your payments modernization journey.
FedNow service officially set to launch in July
The Federal Reserve recently announced that its long-awaited instant payments service, FedNow, will officially begin operating in July, 2023. The service has been in the works for quite some time, with more than 100 payments processors and financial institutions having already participated in an initial pilot program.
Effective Preprocessing Part III: Overcoming the Hurdles of Transaction Management, Servicing and Routing
In the final part of this three-part blog series, we’ll review the importance of FI’s enhancing management and servicing capabilities, and why intelligent routing solutions present a unique opportunity to deliver new value to business customers.
Payments Experts at TradeHeader Discuss the State of ISO 20022 Adoption
Volante sat down with the head of consulting services at TradeHeader, Aleix Revilla, as well as the firm's founder and managing partner, Marc Gratacos, to discuss the expanding opportunities and challenges ahead for ISO 20022 adoption.
Not Ready to Jump Head-First into Instant Payments: 3 Key Benefits to Starting With a “Receive-Only” Strategy
While it may feel like a bare-minimum approach ahead of the imminent FedNow rollout, launching instant payments in receive only mode is actually an incredibly smart strategy for banks not ready to go all in and comes with a number of significant benefits.
Preparing for Instant Payments in the US: Choosing a Payments Network
Should you be moving forward with your plans to enable transactions on RTP, or simply wait for FedNow? When exactly should you be prepared to offer instant payments services to your account holders?
Preparing for FedNow: FedNow vs. RTP – What’s the Difference?
Due to the pre-existing widespread utilization of TCH’s RTP network, the first iteration of FedNow will exist primarily as an alternative to RTP, and there remains considerable redundancy between the two systems. So where do the two systems differ?