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Real-time payments in the U.S. market: speeding up or slowing down? americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Mark Ranta, Author at CUInsight cuinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cuinsight.com Daily Mail and Mail on Sunday newspapers.
Episode 2: Interoperability, Consolidation, Fostering Adoption with Mark Ranta May 5, 2021 by Alacriti Mark Ranta is our resident payments whiz here at Alacriti. In this interview, we expose ourselves as crypto-heads, and Mark gives some background on how the big payments organizations are fostering adoption and interoperability for the rails of today and tomorrow. We also talk about how institutions can work with fintech to capture the electronic and mobile payments market via value-added services. ....
Realizing the value of real-time payments for credit unions 2021 projected to be a watershed year for faster payments January 28, 2021 by Kristen Jason, Alacriti 1SHARES Real-time payments (RTP) have been discussed for decades, but they only achieved true momentum within the last few years. Industry changes, combined with the effects of the pandemic, have accelerated the trajectory for mass-market adoption of real-time payments. The U.S. payments industry is rapidly moving to a true digital payments era with a vast increase in new payment technology coming online. In 2017, The Clearing House (TCH) launched the RTP® Network, which was the first central clearing and payment system to come online in over 40 years. Also, FedNow is introducing its own RTP facility in 2024, and changes to the Fedwire system have provided longer windows with same-day ACH. At the same time, the COVID-19 pandemic has placed immense strain on cash flow, supply chain operations, ....