Catalyst Corporate is a Funding Agent for credit unions looking to provide real-time payments capabilities to their members on The Clearing House RTP® network.
As a Funding Agent, Catalyst Corporate will fund and manage positions in the RTP network’s joint Federal Reserve bank account on behalf of its member credit unions. Catalyst Corporate will facilitate settlement and 24/7/365 liquidity management of members’ RTP network participation to equip credit unions with the tools to manage funds for instant payments.
Serving as a Funding Agent is the first step in Catalyst Corporate’s effort to build a 24/7/365 liquidity management solution for RTP transactions.
The RTP network delivers 24/7 clearing and interbank settlement, including the real-time movement of money and enriched data between participating financial institutions.