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Alacriti, The Clearing House to accelerate real-time payments adoption

Thursday 8 October 2020 13:23 CET | News

US-based digital payments fintech Alacriti has forged a partnership with The Clearing House to accelerate the adoption of real-time payments among banks and credit unions.

Alacriti provides both banks and credit unions with a cloud-native platform for faster payments, enabling access to the RTP network.

The company will help these financial institutions to deliver new products and services to their retail and corporate customers.

It has partnered with US-based mutual community bank Avidia Bank to drive the real-time payments market.

The RTP network enables banks to offer 24/7 domestic real-time payments via a modern platform, which provides immediate payment confirmation.

The network also enables instant settlements and availability of cash.


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Keywords: Alacriti, The Clearing House, real-time payments, banks
Categories: Banking & Fintech
Companies:
Countries: United States
This article is part of category

Banking & Fintech