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RTPĀ® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

Accelerating Growth in Real-Time Payments For financial institutions of all sizes, the RTP networks ability to double payments volume in just 18 months signifies the rapid scaling of real-time payment solutions. For consumers, the 1 billion milestone demonstrates how real-time payments are becoming an everyday convenience.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House. Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. Emirates NBD Consolidates Global Payments Infrastructure.

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Fourteen Months In, Extra Credit For Faster (ACH) Credit?

PYMNTS

But others are pushing forward, particularly with respect to funds availability. Want to assign a grade to the requirement to make Same Day ACH funds available by 5:00 P.M.? Give it an ā€œAā€ said Herd, as 66 percent of FIs are already making Same Day ACH funds available, well ahead of the March 2018 deadline.

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The Only Way is Up: RTP Network Achieves Major 1 Billion Payments Milestone

The Fintech Times

For financial institutions of all sizes, the RTP networks ability to double payment volume in just 18 months signifies the rapid scaling of real-time payment solutions. Faster payments enable businesses to be more agile and responsive in todays dynamic economy, creating a competitive edge.

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