Remove Credit Union Remove Junk Fees Remove RTP
article thumbnail

The shifting EWA regulatory framework and its impact on bank partnerships and instant payment adoption

Tearsheet

According to data from The Clearing House [TCH] for the third and fourth quarters of 2022, DailyPay’s transactions make up one-tenth of all RTP payments. This shows that growing on-demand pay services can serve as an incentive for community banks to adopt RTP services, given that they can offer a competitive edge for these banks.