Payments Dive

JULY 16, 2024

The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations, although a few major banks are holdouts.

Participant 217

Participant RTP FedNow Federal Reserve 217

Fintech Finance

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House. This record setting quarter continues an impressive trend for the RTP network, which previously set numerous records in Q1 2024.

RTP 96

RTP Instant Payments Credit Union Volume 96

The Fintech Times

MARCH 31, 2025

According to the FICO survey, three-quarters of consumers in the UK say they have sent (79 per cent) and received (73 per cent) real-time payments (RTP). However, nearly a quarter (23 per cent) say they do not know if RTP processes include enough security checks. FICO also found that UK usage of RTP is lower than the global average.

Real Time Payments 64

Real Time Payments RTP Consumer Scams 64

Finextra

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House.

RTP 111

RTP Instant Payments Consumer Payments 111

Bank Automation

DECEMBER 2, 2024

The instant payments rail, launched seven years […] The post The Clearing House’s RTP clears $500B appeared first on Bank Automation News. Scaling and monitoring growth “is critical when you’re standing up a brand-new network,” Jim Colassano, senior vice president of product development, told Bank Automation News.

RTP 59

RTP Real Time Payments Instant Payments Payment Networks 59

Fintech Finance

NOVEMBER 12, 2024

The RTP® network, the largest instant payments system in the United States operated by The Clearing House , now averages over 1 million payments per day. The RTP network also set single day records of 1.46 In October, the RTP network experienced a record 31.7 In October, the RTP network experienced a record 31.7

RTP 97

RTP Instant Payments Real Time Payments Payments 97

Fintech Finance

FEBRUARY 20, 2025

The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. Eighty percent of respondents identified faster payments as a must have, with financial institutions leading the charge at 84%, said FPC Executive Director Reed Luhtanen.

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

Fintech Finance

DECEMBER 5, 2024

The Clearing House , the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The RTP transaction limit has been $1 million since April 2022, when the limit was increased from $100,000. In October, the RTP network experienced a record 31.9

Transaction Limits 98

Transaction Limits RTP Transactions Instant Payments 98

Finextra

APRIL 4, 2024

Consumers and businesses took advantage of instant payments through The Clearing House RTP network, which resulted in numerous records set in the first quarter of 2024.

RTP 116

RTP Instant Payments Payments Consumer 116

PYMNTS

SEPTEMBER 15, 2020

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

Faster Payments Council

SEPTEMBER 6, 2024

Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET.

Instant Payments 128

Instant Payments RTP FedNow ISO 20022 128

Fintech Finance

JULY 30, 2024

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US.

RTP 98

RTP FedNow RFP Payment APIs and Integration 98

PYMNTS

JUNE 21, 2020

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said. ” The Clearing House’s RTP network is available for any federally insured U.S.

RTP 89

RTP Real Time Payments Community Banks Settlement 89

Faster Payments Council

AUGUST 23, 2024

Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET.

Instant Payments 128

Instant Payments RTP FedNow ISO 20022 128

Faster Payments Council

MAY 17, 2021

Introduction on RTP and its adoption around the world. While real-time payments (RTP) was previously considered an infrastructure luxury, it has now become a common method of payment in many parts of the world. Digital and RTP payments have dramatically accelerated the pre-existing, but slow-moving trend, away from cash and checks.

RTP 88

RTP G2C C2B Real Time Payments 88

Clearly Payments

OCTOBER 31, 2024

Real-Time Payments (RTP) & Instant Payments Overview : Real-Time Payments (RTP) systems allow funds to transfer instantly between bank accounts, offering 24/7 availability, even outside standard banking hours. Usage : RTP systems are growing rapidly; India’s UPI processed 74 billion transactions in 2023, while Zelle in the U.S.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Faster Payments Council

AUGUST 16, 2024

Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET.

FedNow 125

FedNow Instant Payments RTP ISO 20022 125

Tom Groenfeldt

DECEMBER 6, 2018

Banks don't want to make the big investments that new payment systems require without some solid business case. But looking for ROI in the fast-moving world of payments can delay projects and leave a bank behind the competition.

Real Time Payments 171

Real Time Payments RTP Payments 171

PYMNTS

AUGUST 20, 2020

New research says businesses are eager to make the leap into real-time payments (RTP) — and to embrace new payment rails in their effort. Businesses Ready To Jump Into RTP. A new survey from Citizens Bank says businesses are jumping into the real-time payments opportunity. Faster Payments Council Announces Board Advisory Group.

RTP 101

RTP Phixius FPC Payment APIs and Integration 101

Bank Automation

MAY 24, 2024

The Real Time Payments (RTP) network has completed 750 million transactions since its launch in 2017, although network growth didn’t start to tick up until 2021, Jim Colassano, […]

RTP 78

RTP FedNow Interoperability Real Time Payments 78

Bank Automation

NOVEMBER 30, 2023

Financial institutions may consider which payment rails to integrate — whether RTP or FedNow — but the right answer might be both. “I recommend to financial institutions that if they’re going to just receive, do both rails,” Jeff Bucher, senior product manager for money movement solutions at Alkami Technology, tells Bank Automation News on […] (..)

RTP 80

RTP FedNow Automation Product 80

Bank Automation

MAY 13, 2024

The RTP network has more than 500 institutions on its network, according to The Clearing House’s website. Adoption is ticking up for The Clearing House’ Real Time Payments network and the Federal Reserve’s FedNow payments rail as financial institutions add payment services to their platforms.

FedNow 78

FedNow RTP Real Time Payments Payment Networks 78

Fintech Finance

JUNE 25, 2024

headquartered in Texas, to deliver instant payments capabilities to the banks global business and consumer customers through the Federal Reserve’s FedNow® and The Clearing House’s RTP®. The post Frost Bank Taps Finzly to Provide FedNow and RTP Instant Payments to its Business Clients and Consumers appeared first on Fintech Finance.

FedNow 93

FedNow RTP Instant Payments Payment APIs and Integration 93

Bank Automation

JANUARY 24, 2024

Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard. TCH’s RTP network has been gaining traction since the launch of FedNow, with more […]

RTP 78

RTP Visa TCH FedNow 78

Bank Automation

MAY 6, 2024

Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S. The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments.

RTP 75

RTP FedNow Real Time Payments Payment Networks 75

Payments Dive

DECEMBER 13, 2023

The number of banks participating in The Clearing House’s real-time payments network surged this year after the launch of the rival FedNow system.

FedNow 130

FedNow RTP Real Time Payments Payment Networks 130

Fintech Finance

FEBRUARY 13, 2025

In recent years, Real-Time Payments (RTP) have seen a rapid rise in use among individuals and businesses across Asia Pacific, allowing transactions to be settled between accounts at different financial institutions within secondssomething which in the past often took a matter of days.

Money Laundering 75

Money Laundering Financial Crimes Crime Visa 75

PYMNTS

NOVEMBER 18, 2020

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. The global pandemic has led to an increase in RTP adoption, as businesses find themselves unable to get to the office to print and send paper checks.

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

Bank Automation

DECEMBER 20, 2023

The Clearing […]

RTP 78

RTP Real Time Payments Payment Networks Automation 78

PYMNTS

JANUARY 8, 2021

In short, the global pandemic has ushered in rising usage — and use cases — for TCH’s RTP ® network, and Whisler doesn’t see that slowing down anytime soon. We've seen a lot of excitement this year with the RTP ® network, and we're very much expecting next year to grow even faster,” she said. Becoming A 24/7 RTP Shop.

RTP 139

RTP TCH Funding Agent Continuing Education 139

Payments Dive

NOVEMBER 14, 2023

The new hire is tasked with boosting adoption of The Clearing House’s RTP real-time payments system, as the new rival Federal Reserve FedNow system seeks to attract clients.

Federal Reserve 174

Federal Reserve Fed FedNow RTP 174

Tom Groenfeldt

JUNE 19, 2019

The North Carolina Fintech Hub and The Clearing House invited banks and fintech firms to develop innovative solutions using the TCH real-time payments (RTP) network.

Real Time Payments 170

Real Time Payments TCH RTP Payments 170

The Paypers

SEPTEMBER 11, 2024

First Citizens Bank has announced that its business and consumer banking customers can now instantly receive payments into their savings and checking accounts through the national RTP network.

RTP 69

RTP Instant Payments Payments Checks 69

PYMNTS

AUGUST 10, 2020

These efforts include TCH’s efforts to connect financial institutions’ (FIs’) core banking systems to the company’s Real-Time Payments (RTP) network, along with what card networks and FinTechs are doing to enable real-time push payments to receiver bank accounts. New Trends Emerging. Achieving ubiquity across the 12,000 or so FIs in the U.S.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

PYMNTS

MARCH 9, 2020

Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S., The federal government deliberated in 2018 and 2019 over developing its own real-time payment system, FedNow , to compete with RTP.

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

PYMNTS

DECEMBER 24, 2020

This interest notably appears to be translating into action as more than 85 percent of firms are either in the process of implementing RTP or expect to do so within the next three years. RTP is particularly relevant in the current climate. PYMNTS research from January found that 66.7 A November survey from PYMNTS showed that 44.7

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

Fintech Finance

APRIL 24, 2025

New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.

Transaction Limits 52

Transaction Limits RTP FedNow Instant Payments 52