SMP: Who’s Winning the Race for Real-Time Payments?
economicorder.substack.com
Real-time payments (RTP) is a hot topic in the US financial sector. Since 2017, when The Clearing House (TCH) launched its RTP system (TCH-RTP), the US has been gradually adopting technology that allows instant transfers of money between bank accounts. However, the US is still lagging behind other countries that have implemented RTP more widely and quickly. Why is that?
SMP: Who’s Winning the Race for Real-Time Payments?
SMP: Who’s Winning the Race for Real-Time…
SMP: Who’s Winning the Race for Real-Time Payments?
Real-time payments (RTP) is a hot topic in the US financial sector. Since 2017, when The Clearing House (TCH) launched its RTP system (TCH-RTP), the US has been gradually adopting technology that allows instant transfers of money between bank accounts. However, the US is still lagging behind other countries that have implemented RTP more widely and quickly. Why is that?