Berkshire Bank Connects to RTP Network via Finastra
The Massachusetts bank is upgrading its transaction technology in order to be among the first regional banks in the Northeast to offer real-time payments.
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The Massachusetts bank is upgrading its transaction technology in order to be among the first regional banks in the Northeast to offer real-time payments.
By becoming the first community bank to join TCH’s RTP network, The Hudson, Mass. Financial institution shows the evolving relationship between fintechs and banks
Citizens Financial Group found that while banks seek out real-time payments, they still see a world of paper-based transactions.
Paying loyal contract workers on a timely basis is one reason firms are opting for faster payments.
Four committee members were added representing community banks and credit unions, along with four alternates.
The Hudson, Mass. lender is the first smaller bank to announce it is signing up for the nation’s newest real-time payments network.