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Insights
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The adoption of real-time payments can save working Americans billions. -
If the Federal Reserve’s new payments system fails out of the gate, the results will be worse than if the market had been left to its own devices.A Fed Faster Payments System Could Do More Harm than Good
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The idea that a Fed real-time payment system will enhance competition ignores a key point - it will slow innovationThe Fed Can’t Regulate and Innovate at the Same Time
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A faster payments system built by the Federal Reserve is a complex proposal that will take years to build, delaying the benefits of faster payments to all Americans.Can the Fed realistically deliver a faster payments system?
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Should the Fed deliver a faster payments system?
Industry experts disagree what role - if any - the Federal Reserve should play in the building of a faster payments system.
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A new payment system might sound good paper but would be disastrous in reality, argues TCH’s Jim Aramanda.Beware the drawbacks of a Fed-operated real-time payments system
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Community banks and credit unions welcome a place at the table when it comes to the strategic execution of the RTP network.Smaller banks see TCH outreach as a good sign
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Large and small banks contribute to real-time payments network governanceThe Clearing House Unveils Business Principles for the RTP Network
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Members of the RTP Corporate Advisory Group soon realized the potential of the RTP network’s real-time payments and messaging functionality.Customer experience drives the early adopters of the RTP network
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Step Aside, Fed: There’s Already an RTP® Network
The Cato Institute’s George Selgin tells the Federal Reserve that a real-time payments system is already up and running and the introduction of a competing Fed system would be counterproductive.