Liquidity Management RFP RTP 
Finovate
OCTOBER 16, 2024
The service faces competition with The Clearing House’s RTP platform, which was launched well before FedNow went live. per RFP message, charged to the requestor. per RFP message, charged to the requestor. The Fed also charges a liquidity management fee of $1 per transfer.
Faster Payments Council
SEPTEMBER 23, 2023
The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal. Participating organizations will share insights gained and how they will implement these standards to catalyze instant payments adoption with a streamlined RFP customer experience.
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