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In a move to increase the attractiveness of its Real-Time Payment network, The Clearing House is raising the transactional limit for single payments to $100,000 starting Feb. 1.
January 23 -
In a move to increase the attractiveness of its Real-Time Payment (RTP) network, The Clearing House is raising the transactional limit for single payments to $100,000 starting February 1, 2020.
January 23 -
Fearful of being the last one standing, banks and credit unions of all sizes will become more aggressive about real-time payments — or risk getting left in the past.
January 16 -
The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central bank.
December 19 -
The Federal Reserve is investigating what may have caused delays in the processing of ACH transactions that began late Wednesday and continued into Thursday morning.
December 19 -
If the deployment of faster payments came with a guarantee to boost a financial institution's bottom line, more banks and businesses would likely invest in bringing their legacy systems into a new age.
November 20 -
Congress should get behind the Fed's effort to launch a real-time payments service instead of getting in its way.
October 29Oak View National Bank -
Nobody will be keen to go toe-to-toe with the Fed, which is the financial systems’ paramount regulator and central bank with virtually unlimited resources, says Intrepid Ventures' Eric Grover.
October 29 -
The Delaware company recently learned of a disputed transaction that could take a bite out of future earnings.
October 25 -
Congress should get behind the Fed's effort to launch a real-time payments service instead of getting in its way.
October 23Oak View National Bank