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Real-Time Payments Move Past Early Adopters

PYMNTS

Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase of its evolution. After all, The Clearing House’s RTP infrastructure is already up and running. And beyond TCH and RTP, the Federal Reserve’s FedNow real-time payments solution looms. Beyond PayPal And Venmo .

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US Banks Are ‘Conflicted With Worries’ as Demand for Instant Payments Grows; Reveals RedCompass Labs

The Fintech Times

In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed. Across much of the world, instant payments have quickly become the norm.