Preparing for real-time payments in the US

The Clearing House (TCH) has announced its plans for a real-time payments initiative for the U.S. The Real-Time Payments (RTP) system, scheduled to go live in April of 2017, will support the sending and receiving of credit transfers, requests, remittance advices and non-transactional messages across the network in real-time in a 24x7x365 processing environment. In preparing for the initiative, connectivity may be the easy part. Read more: