Businesses prefer TCH’s RTP | Bank Automation News

As businesses gravitate towards real-time payments, clearinghouses’ real-time payment networks are increasingly being joined by midsize companies. Businesses prefer The Clearing House’s RTP solution because nearly 67% of U.S. financial institutions use it for real-time payments, compared to 22% who use the Federal Reserve’s FedNow solution for real-time payments. Deputy Executive Director Michael Cummins (…)