Trade Credit & Liquidity Management

JUNE 24, 2025

The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. Since the increase, Bank of America (BofA) reports that transactions over $1 million now account for more than half the total value of U.S. real-time payments processed for corporate clients.

Real Time Payments 52

Real Time Payments B2B RTP Volume 52

Nanonets

SEPTEMBER 1, 2023

The US Federal Reserve's new payment rail FedNow can shake up the landscape, offering significant time and cost savings. In this blog post, we delve into how FedNow could impact businesses and their vendor payment practices. What is FedNow? These are bank-to-bank transfers similar to ACH or wire transfers.

FedNow 52

FedNow Wire Transfer Federal Reserve ACH 52

Fi911

AUGUST 1, 2023

The US Federal Reserve has introduced FedNow ; a new instant payment platform that will facilitate transactions at any given time. What is FedNow? FedNow is the Federal Reserve’s innovative real-time payment service. FedNow is accessible to all banks and credit unions. However, participation is not mandatory.

FedNow 52

FedNow Federal Reserve Instant Payments Zelle 52

FICO

FEBRUARY 19, 2020

The Clearing House Association’s RTP as well as The Automated Clearing House offer same day clearing and the Federal Reserve is looking to launch instant payments with their FedNow scheme in 2023. These schemes compete with each other and want to take business from wire transfer schemes such as FedWire and CHIPS.

Real Time Payments 92

Real Time Payments Financial Crimes Crime Account Takeovers 92