The Clearing House (TCH), which operates the RTP network, announced Wednesday (April 6) it is increasing the value limit for payments on the network to...
Checks and card transactions are giving way to electronic payments, done through an automated clearinghouse (ACH). Jason Carone, senior vice president of ACH product management...
Restrictions on in-person interactions during the pandemic forced businesses to seek digital alternatives to paper checks as manual processes became impractical or impossible. In their...
Government bureaucracy and paper checks may have a long history together, but ACH is making inroads as a fast, reliable and paper-free alternative. In the...
One of the greatest pain points for businesses across all sectors during the pandemic has been manual payments. A significant share of organizations continue to...
The number of transactions on the electronic payments network (EPN), the automated clearing house (ACH) for electronic funds transfers (EFT), increased by 9.6% last year,...
Would a central bank digital currency (CBDC) issued by the Federal Reserve Bank be a solution in search of a problem? Russ Waterhouse, executive vice...
The pandemic accelerated U.S. consumers’ adoption of digital banking, giving rise to a growing segment of customers who now prefer to forgo physical bank branches altogether. A 2021 survey of...
FinTechs and banks are collaborating to give their customers unprecedented flexibility, control and speed, but that can create new security gaps. In the Real-Time Payments...