The Clearing House Beat the Fed to Real-Time Payments. Now What?
/The sluggish pace of the Fed’s FedNow system has created a surge of interest in The Clearing House's Real Time Payments platform, says Steve Ledford.
Read MoreThe sluggish pace of the Fed’s FedNow system has created a surge of interest in The Clearing House's Real Time Payments platform, says Steve Ledford.
Read MoreReal-time payments present an opportunity for banks to pursue small- and medium-sized businesses, before fintechs edge them out.
Read MoreThe Federal Reserve’s announcement Monday that it will build a real-time payment (RTP) system, FedNow, elicited applause and complaints.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.