Galileo Financial Technologies expanded its relationship with The Bancorp Bank NA that now includes access to the RTP network, the real-time payments service from The Clearing Payments Co. LLC. Apple Inc. was hit with a $2 billion fine by the European Union over its European app store payment practices, CNN reported. Synchrony …

With real-time payments perhaps on the cusp of becoming an essential payment service, Navy Federal Credit Union, which rung up $2.7 million in real-time deposits on its first full day on the RTP network from The Clearing House Payments Co. LLC, is using Alacriti to connect to the network. Bridgewater, …

With the Federal Reserve’s rollout of the FedNow real-time payments service expected by the end of the month, a regional Federal Reserve Bank official on Wednesday outlined a roadmap for the new network that includes network interoperability, the possible addition of peer-to-peer payments, and, overall, the prospect of fewer payment …

As the payments industry waits a few more weeks for the expected July launch of the Federal Reserve’s FedNow real-time payments platform, the backer of a real-time payments service that is entering its sixth year readies for more business. Operated by The Clearing House Payments Co. LLC, the Real Time …

With the Federal Reserve’s announcement last week that it will launch its FedNow real-time payments service in July, technology firms are jockeying for position as the appetite for faster payments grows worldwide. One big development emerged early Tuesday with an announcement from London-based payments-software firm Finastra Group Holdings Ltd. that …

Payments-technology provider Finastra said Mechanics Cooperative Bank, a financial institution with $645 million in assets, has adopted the Finastra Payments To Go platform to offer real-time payments via The Clearing House Payments Co. LLC and later through the Federal Reserve’s FedNow network. Digital-security provider IronVest Inc. launched what it calls a “super app” for …

The Clearing House Payments Co. LLC announced it will soon introduce tokenization for checking account and routing numbers on transactions financial institutions run over TCH’s RTP real-time payments and EPN automated clearing house networks.Of 80 mid-tier U.S. financial institutions surveyed by Volante Technologies, 37% of these not already connected to The Clearing …

The momentum behind real-time payments continues to build with announcements Thursday from Data Center Inc. (DCI), a software provider to community banks, and One Inc., a digital-payments processor for the insurance industry. Community banks using DCI’s banking software can now receive real-time payments through the RTP network, the faster-payments system from …

The Clearing House Payments Co. LLC announced three processors—Fiserv Inc., FIS Inc., and Jack Henry & Associates—will offer its real-time payment service to minority-owned depository institutions. The processors and TCH will jointly cover the onboarding fees for these financial institutions connecting to TCH’s RTP network.Datacap Systems Inc. said it will offer the digital …

The real-time payments movement continues to build momentum in the United States with FIS Inc.’s announcement Wednesday of RealNet, a cloud-based, software-as-a-service platform that enables businesses, consumers, and governments to initiate account-to-account transactions. RealNet, which FIS describes as a network of networks, will leverage The Clearing House Payment Co. LLC’s …