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Bankers’ Bank, a state-chartered financial institution that specializes in providing correspondent banking products to community banks, has committed to become a Funding Agent for depository institutions looking to provide real-time payments capabilities to their customers on the RTP® network developed by The Clearing House (TCH). -
In response to today’s announcement by the Federal Reserve that it is proceeding with the development of its own real-time payments system, The Clearing House (TCH), which launched the country’s newest real-time payments network in late 2017, made the following statement:The Clearing House Remains Focused on Operating and Growing the RTP® Network
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Other Finalists are from Levvel, South State Bank, and TIAA. 13 teams submitted 17 applications that leverage the RTP® network‘s faster payments capabilities.Fifth Third Bank and AvidXchange Named Overall Winner of RTP® Buildathon
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FirstBank to Provide Faster Payments to Customers on the RTP® Network
Colorado-based FirstBank will enable consumers and businesses to send, clear, and settle payments in real time on the RTP network.
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The RTP® Network: The Clearing House’s Commitment to U.S. Depository Institutions and their Customers
Ensuring that the RTP network serves U.S. depository institutions of all sizes and their customers has been The Clearing House’s priority since we first began work to develop the country’s new, modern payments rail over five years ago.
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The four new seats expand the size, type, and number of depository institutions that help govern the RTP® network.Four Community Banks and Credit Unions Named to the RTP® Business Committee
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Avidia Bank to Implement the RTP® Network from The Clearing House
Community bank to implement the RTP® network to support innovative payments capabilities for customers and Fintech partners.
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Feedback from community banks, credit unions, and the payments community spur the release of the Business Principles for the RTP® Network.TCH Releases Business Principles that Outline the Operation of the RTP® Network
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The addition of four members to the RTP® Business Committee expands the influence of community banks and credit unions on the nation’s foremost real-time payments network.TCH’s RTP® Business Committee Adds 4 Seats for Community Banks and Credit Unions
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Members of the RTP® Corporate Advisory Group say they are now ready for payments on the RTP network, are convinced that RTP payments will change their industry, and are starting to act accordingly.RTP® Network is Fundamental to Future Success, Say Corporates