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Real-Time Payments Are Soaring In The U.S.

Tom Groenfeldt

Advertise with Forbes Forbes Licensing & Syndication Report a Security Issue Editorial Values and Standards Site Feedback Contact Us Careers at Forbes Tips Corrections Privacy Do Not Sell My Personal Information Terms AdChoices Reprints & Permissions Real-Time Payments Are Soaring In The U.S. getty The U.S.

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Unlocking Instant Inbound Payments: Cross River Launches Request for Payment Solution

Trade Credit & Liquidity Management

From a Press Release dated June 9, 2025, Fort Lee, NJ Cross River Bank has launched its Request for Payment (RfP) solution, a new feature designed to enable secure, real-time inbound payments via the RTPĀ® (Real-Time Payments) network.

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Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

Fintech Finance

Cross River Bank (ā€œCross Riverā€), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities.

RFP
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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

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.

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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

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Real-Time Payments Go Beyond The Need For Speed

PYMNTS

Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments. The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. That said, the U.S.

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Real-Time Payments Successfully Gets Through Its First Test Drive

PYMNTS

was moved between accounts at two different banks (there was only one customer with two bank accounts) via RTP, the name for a new ā€œReal-Time Paymentsā€ system set up by The Clearing House. All in all, the transfer took three seconds — as opposed to the hours or days more typically associated with an ACH transfer.