Remove FedNow Remove Liquidity Management Remove RTP
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Higher Limits Power B2B Real-Time Payment Volumes

Trade Credit & Liquidity Management

The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. Rival network FedNow raised its own limit from $500,000 to $1 million on June 24, 2025. FedNow’s higher transaction limit is expected to gain increased B2B acceptance and use as well. Federal Reserve.

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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 RTP® (Real-Time Payments) network.

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

Finextra

FedNow is also reporting significant growth, with more than 1.3 Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. In June, FedNow will increase its limit to $1 million. Same day Automated Clearing House (ACH) payments rose 19.1%

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Mastercard and The Clearing House deepen their partnership to zero in on new instant payments applications 

Tearsheet

“Beyond extending our partnership with Mastercard, we intend to partner on innovating for the banks that use the network by looking for additional use cases that they’ve expressed interest in and that would help drive volume across RTP,” said Lee Alexander, Executive VP and CIO at The Clearing House. Chiro Aikat: It all comes down to choice.

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U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline

Fintech Finance

With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®. I truly think this will be a huge asset to banks as they make their journey into the world of RTP and FedNow.”

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. He noted there has been additional input from the FedNow Community of 700 members.

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Happy First Birthday FedNow: But is This a Cause For Celebration?

The Fintech Times

Last year, the US Federal Reserve launched FedNow as a competitive alternative for instant payments in the US. In July 2023, FedNow was launched to the public and after a year of being out in the wild, over 600 financial institutions have adopted the instant payment method. ” And this is exactly what it did. .”

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