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PNC live on new real-time payments network using Finastra


to discuss how banks are leveraging real-time payments to deliver customer value today at Finastra Universe New York, the company's flagship thought ... including corporate banking, real estate finance and asset-based lending; wealth management and asset ...


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News provided by Finastra Dec 05, 2017, 09:00 ET Share this article var trkcid=462059273;var partnerID=506122; var _hb=1; PNC is an early adopter of RTP®, The Clearing House's real-time payments network, using Finastra's payment services hub to facilitate transactions within seconds and more efficient payment processing LONDON and TORONTO, Dec. 5, 2017 /PRNewswire/ - PNC, a top-10 US bank by assets, is live on RTP®, The Clearing House's new US real-time payments system, using Finastra's payment services hub, Fusion PaymentsThe bank, an early adopter of RTP, now gives its clients the ability to receive real-time payments transactions Finastra (CNW Group/Finastra) PNC already uses Fusion Payments (formerly Global PAYplus) for wire payment processing and has expanded its service to include real-time payments to meet market demand for faster payment solutionsIntegrating RTP enables the bank to provide its clients with the speed, certainty and irrevocability of real-time payments, which are now available in the United States "RTP enables PNC to bring a new, leading-edge solution to market as the economy becomes increasingly digital," said Christopher Ward, EVP and Head of Treasury Management Product Management at PNC"The ability to make an immediate payment at any time, on any day of the week, with a real-time confirmation of the payment significantly transforms the way businesses and consumers make payments in the United StatesEmerging technologies such as RTP are creating opportunities for banks and clients to re-imagine our business modelsAt PNC, we are investing in the latest technologies and infrastructure to bring modern digital experiences and fresh product solutions that are aligned with our clients' business priorities." "Solution providers such as Finastra are playing an important role in enabling early adopters like PNC to provide new products and services, including real-time payments connectivity, to their customers," said Steve Ledford, SVP of Product and Strategy at The Clearing House.  "PNC has positioned itself at the forefront of US real-time payments as an early adopter, enabling its clients to enjoy the benefits of real-time payments immediately with the launch of RTP," said Simon Paris, Deputy Chief Executive Officer, Finastra"We're helping banks like PNC make real-time payments a reality, so that they and their clients can more effortlessly embrace the digital future." "In the United States, real-time payments are being driven by market forces and user demand for real-time services," said Erika Baumann, Senior Wholesale Banking Analyst, Aite Group"Early adopters like PNC are leading the way in bringing the benefits of real-time payments to their business and consumer customersPayment vendors such as Finastra have considerable experience in implementing real-time payments solutions and can be great resources for banks that seek to become early adopters of real-time payments capabilities." PNC will join Finastra on a panel titled "Real-time Payments: They're Finally Here!" to discuss how banks are leveraging real-time payments to deliver customer value today at Finastra Universe New York, the company's flagship thought leadership conference in the Americas About PNCThe PNC Financial Services Group, Inc(NYSE: PNC) is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset managementFor information about PNC, visit www.pnc.com About FinastraFinastra unlocks the potential of people and businesses in finance, creating a platform for open innovationFormed in 2017 by the combination of Misys and D+H, we provide the broadest portfolio of financial services software in the world today—spanning retail banking, transaction banking, lending, and treasury and capital marketsOur solutions enable customers to deploy mission critical technology on premises or in the cloudOur scale and geographical reach means that we can serve customers effectively, regardless of their size or geographic location—from global financial institutions, to community banks and credit unionsThrough our open, secure and reliable solutions, customers are empowered to accelerate growth, optimize cost, mitigate risk and continually evolve to meet the changing needs of their customers48 of the world's top 50 banks use Finastra technologyPlease visit www.finastra.com Corporate headquartersOne Kingdom StreetPaddingtonLondon W2 6BLUnited KingdomT +44 20 3320 5000 SOURCE Finastra #PURL { display:none !important;} Aug 23, 2017, 09:00 ET Preview: USAmeriBank live on Finastra's next-generation, hosted payments hub Release contains wide tables. View fullscreen. Also from this source Jul 06, 2017, 10:07 ET Finastra Service Bureau Awarded SIP v2 Label by SWIFT Aug 23, 2017, 09:00 ET USAmeriBank live on Finastra's next-generation, hosted payments... Explore More news releases in similar topics You just read: PNC live on new real-time payments network using Finastra News provided by Finastra Dec 05, 2017, 09:00 ET Share this article Looking to send a news release with PR Newswire? Take advantage of the world's leading distribution platform. Sign up to get started Log In header.main-header .container .row form .table-responsive { display: none; } section.release-body .col-sm-offset-1 li { line-height: 1.8; } Send a Release Phone 8AM - 10PM ET +1-888-776-0942 Send a ReleaseSign UpResourcesBlogJournalists Search Searching for your content... 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