The Clearing House’s Post

82M RTP transactions. $55B in value. Another standout quarter for the #RTP® network. 📈 We're proud to close out the first half of 2024 with continued momentum as demand for #InstantPayments soars. Financial institutions on the RTP network are seeing deposits grow, while meeting customer expectations for instant payments. Learn more: https://lnkd.in/gjBTirvf

The Clearing House hosted a panel on Women in Technology: Best Practices for Attracting, Developing and Retaining Talent panel, featuring Rachel Brown, Citi; Zeba Khan, EY; Augusta Sanfilippo, Independent Industry Consultant; and Desiree Giangiulio, TCH. Lee Alexander, TCH’s EVP & CIO moderated the discussion. Key takeaways: -- the importance of empowering/supporting other woman in the workplace -- setting measurable targets for #equality in the workplace -- the value of #diversity in the workplace -- the importance of senior leadership to promoting equality and championing woman in the technology field -- recognizing and overcoming biases in an organization -- building your own brand -- flexible work arrangements are important for attracting/retaining talent -- don’t be afraid to ask for help/compensation/resources/added responsibilities

The B2B landscape is transforming as businesses adopt digital payments. Our RTP® network is at the forefront, driving digital transformation and automation in B2B payments, ensuring reliable, secure, and cost-effective transactions. TCH VP of RTP® Product Development Cheryl Gurz highlights how 'precision' #instantpayments are essential for businesses: https://lnkd.in/eznTK_RW

As payments volume on RTP® rises and surpasses $1 billion per day, The Clearing House SVP Rusiru Gunasena spoke with Digital Transactions on what's next for #InstantPayments. Read here: https://lnkd.in/g8yXFGdt #RTP

Dive into this week’s #WeekendReads for the latest payments news. 1. Frost Bank taps Finzly for FedNow and RTP instant payments https://lnkd.in/e8CHhrhW / Finextra 2. Citi Launches Real-Time Funding Solution To Keep Up With RTP Adoption https://lnkd.in/emdwfyZD Bank Automation News 3. Preparing for ISO 20022: What Banks Need to Know https://lnkd.in/eTyjdn5C / American Banker 4. Most US Consumers Would Pay a Fee to Get Instant Refunds and Rebates https://lnkd.in/gWkHZc8n / PYMNTS 5. Take Your Pix: Brazil’s Instant Payments Are Heading Abroad https://lnkd.in/euZvNgaM / PaymentsJournal

Exciting developments in #InstantPayments! Projections indicate a surge to 575 billion transactions by 2028, underscoring the industry’s rapid evolution. As a pioneer in this space with the RTP® network, TCH is committed to advancing accessibility and innovation in financial transactions. Read more about the evolving landscape on PYMNTS: https://lnkd.in/e37CQhgJ

“For [SMBs], instant payments are really about precision ... It is precision payments, made at the time you need through your trusted banking partner. The benefits surpass so many other payment methods, in large part because the transactions are irrevocable. If you [receive] a payment at two o’clock in the afternoon, you can go ahead at 2:02 and make a payment to your supplier.” -- Cheryl Gurz, VP RTP® product development, TCH, via PYMNTS https://lnkd.in/eRNTeuDQ

Stay informed on the most up to date #payments news with this week’s #WeekendReads 📚 1. Small Business Fleets Like Sending Instant Payments https://lnkd.in/eTM7XQCC / PYMNTS 2. The Clearing House Says Instant Payments Build Better Business Balance Sheets https://lnkd.in/eRNTeuDQ / PYMNTS 3. Real-time Payments Must Go Truly Global to Unlock Further Growth https://lnkd.in/gn633kbm / IBS Intelligence 4. How The Clearing House Is Using Billers To Boost Real-Time Payments https://lnkd.in/gmUuqVGh / American Banker 5. Instant Payments and the Opportunity for New Technology Strategies https://lnkd.in/ezcrtQ-e / Finextra

Join Dr. Lori Cenci, CFA as she hosts today's Women in Payments POM Cafe on "How Did Going Back to School Help Your Career Pivot" at 11am ET! https://lnkd.in/gs_YabNP