Fintech Finance
APRIL 24, 2025
New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.
Bank Automation
JANUARY 10, 2025
The Clearing House and Federal Reserve publicize the adoption of their payments rails, Real Time Payments and FedNow, by posting on their websites which financial institutions are live on their networks offering something of a roadmap for fraudsters to take advantage of newly onboarded FIs.
Payments Dive
JULY 31, 2023
the rivalry between RTP and FedNow could get intense, but maybe not. As the only two real-time payments rails in the U.S.,
Bank Automation
JANUARY 30, 2025
As instant payments volume grows on The Clearing Houses Real Time Payments (RTP) network and the Federal Reserves FedNow rail, businesses expect their banks to provide both send and receive capabilities on the payments rails, according […] The post Business clients demand FedNow, RTP capabilities from their banks appeared first on Bank Automation (..)
Payments Dive
JULY 16, 2024
The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations, although a few major banks are holdouts.
Fintech Finance
FEBRUARY 20, 2025
The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. Eighty percent of respondents identified faster payments as a must have, with financial institutions leading the charge at 84%, said FPC Executive Director Reed Luhtanen.
Payments Dive
DECEMBER 13, 2023
The number of banks participating in The Clearing House’s real-time payments network surged this year after the launch of the rival FedNow system.
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