Banks Access Real-Time Payment Services Via DCI
Banks Access Real-Time Payment Services Via DCI
HUTCHINSON, KAN., November 8, 2023 – Community bank customers of DCI, the privately-owned developer of core processing, digital banking, and Fintech processing solutions, are taking advantage of send and receive real-time payment services via DCI and the RTP® network – the real-time payments system from The Clearing House.
DCI was one of the first leading core providers to offer real-time payments, giving banks and their customers immediate funding with payments from one institution to another within seconds. By investing the time and resources necessary to connect to The Clearing House’s RTP® network rails, DCI has enhanced its instant payment options within iCore360.
Banks on the RTP® network can use companies such as Square, GrubHub, PayPal, Venmo and others. Participating DCI banks have the option of sending and receiving instant funding from those sources and more, 24/7/365.
In addition, DCI will be launching its own P2P application, Piper. It will also run on the RTP® network payment rails and will be accessible as part of the cash management functions of DCI’s digital GoBanking app.
Sarah Fankhauser, DCI president and CEO said, “Offering real-time payment options to our customers allows our banks to deliver faster, safer, and more advanced digital offerings to their customers. Using the RTP® network gives customers convenient and immediate funds access.”
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About DCI
DCI is the developer of the award-winning iCore360® core banking software, plus iCoreGO® digital banking and fintech processing solutions for community financial institutions nationwide, including those using other core platforms. DCI is privately owned by a group of bank clients, with several serving as board members and user group leaders. DCI also provides private ATM network/card management, FrontLine™ teller software, custom analysis, risk/vendor management, and more. For additional information about DCI, visit www.datacenterinc.com or contact info@datacenterinc.com.
About The Clearing House
The Clearing House operates U.S-based payments networks that clear and settle more than $2 trillion each day through wire, ACH, check image, and real-time payments. It is the nation’s most experienced payments company, with a long track record of providing secure and reliable systems, payments innovation, and strategic thought leadership to financial institutions. In 2017, The Clearing House revolutionized U.S. payments by introducing the RTP® network, which supports the immediate clearing and settlement of payments, along with the ability to exchange related payment information across the same secure channel. These RTP capabilities enable all financial institutions to offer safer, faster, and smarter digital transaction services for their corporate and retail customers. Learn more at www.theclearinghouse.org.