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Why the U.S. has reached a real-time tipping point

Finextra

has reached a real-time tipping point 0 09 June 2025 1 comment Anand Vaidya Principal Solutions Consultant Icon Solutions Location Wimbledon Followers 0 Opinions 3 Follow Unfollow The need for speed, convenience and certainty is driving demand for faster payment services in the U.S. year-over-year in the first quarter of 2025 [1].

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Take two announcements from just last week, related to the evolution of faster payments in the U.S. First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Okay, so maybe the Fed’s payments folks are just busy.

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Faster Payment Becomes A Federal Case

PYMNTS

It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. To ensure fast payments are available to everyone, FedNow will be accessible to all banks, no matter the size. In fact, TCH plans to use the FedNow Service too. “We Public vs. Private RTP.

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Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

PYMNTS

This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 Numerous payments schemes have rolled out since the U.K. launched its own Faster Payments Service in 2008. bank account would be able to securely receive real-time payments by 2020. . State of U.S.

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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Many of these providers are particularly competing for small- to medium-sized businesses (SMBs) to join their faster payments network over another, which can be tricky as more competitors enter this space. Around the Faster Payments World. Faster payments are filtering into the transportation industry as well.

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Seeking More: Faster Payments in the U.S. and Beyond

Faster Payments Council

This month, the FPC released the results of the third installment of the Faster Payments Barometer, the annual survey that gauges progress and perceptions around faster payments, use cases, trends, and challenges. And other industry participants and FPC Members are working towards real-time cross-border payments as well.

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

PYMNTS

You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. Real time is getting ever closer to prime time. But it might not be the Federal Reserve ’s doing.