Truist Completes Initial Test of Alias-Based Bill Payment Solution
Truist completed the initial testing phase of an alias-based bill payment solution that uses The Clearing House’s RTP® network and Request for Payment (RfP) platform.The internal pilot — which included Truist’s credit card division and employee volunteers — made Truist the first financial institution to send and receive alias-based RfPs for transactions and deliver the corresponding real-time payment and settlement via the RTP system, the bank said in a Friday (April 25) press release.Use of the alias provi ...