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U.S. Faster Payments Council Releases 2024 U.S. Instant Payments Adoption Quantitative Study

Fintech Finance

The study sheds light on how various factors, including use cases, benefits, and industry challenges, are shaping the future of instant payments. However, enablers also identified strong tailwinds such as use case-driven approaches and expanding rules and standards, which will help accelerate adoption.

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Mastercard and The Clearing House extend partnership on real-time payments

Fintech Finance

The partnership continues Mastercard’s role as the exclusive instant payments software provider for TCH’s RTP network, enabling both companies to integrate new instant payment use cases across a range of payment flows. Instant payments became a reality in the U.S.