Many financial institutions are turning toward funding agents to manage their position within The Clearing House (TCH) RTP® network funding account. This funding account allows TCH to clear and settle the transaction at the same time that the actual transaction is being made from member to member. Funding agents provide financial institutions with the liquidity needed on weekends and holidays, ensuring their account has an adequate balance.
In this Callahan hosted webinar on November 17, 2022, at 2:00 p.m. ET, Toby Thomas, VP, Product Marketing Strategist at Corporate One, and Mark Majeske, Senior Vice President Faster Payments at Alacriti, will cover what credit unions should know about using funding agents to connect to real-time payment rails.