Paychex, a payroll provider that has sent more than $60 million in real-time payroll over the RTP® network since May, has won the “Top HR Product of the Year” from Human Resource Executive magazine.

As the reach of the RTP® network continues to grow, TCH issues a statement in response to the Federal Reserve’s recent FedNow announcement.

Paychex, which only launched real-time payments capabilities for payroll two weeks ago, has already sent $4.6 million over the RTP network.

The cloud-based processing service from Volante Technologies can connect financial institutions to the RTP network.

Sherpa Technologies represents first non-core connectivity method to the RTP network for the credit union industry.

100 financial institutions are implementing JHA PayCenter to provide real-time payments to customers, with more than 50 Jack Henry clients scheduled to go live on the RTP® network by the end of 2020.

The Clearing House Interbank Payment System (CHIPS) opened for the first time 50 years ago today. Since then, CHIPS has become one of the most valuable and critically essential elements of the global financial infrastructure.

Paychex will offer real-time and on-demand payroll through the RTP® network in early 2020 to meet the evolving needs of employers.

Real-time payments capabilities brings opportunities for new products and offerings for consumers and businesses.

With HSBC and Wells Fargo enabling send capabilities on the RTP network, and with the TCH + BPI Annual Conference taking place in New York, there has been plenty of real-time payments news this week.