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BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments

Fintech Finance

The bank is one of the first financial institutions to enable its corporate customers to send payments up to the new transaction limit. As one of the owners of The Clearing House , Bank of America played a significant role in developing the RTP® network in consultation with peer banks, technology firms and the U.S. Besides U.S.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

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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.

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NITMX partners with Mastercard to power Thailand's PromptPay

The Paypers

The two companies signed a new multi-year agreement, which will power PromptPay, the region’s RTP platform, to help develop Thailand’s growing digital economy. This highlights the country’s upgraded financial inclusion and adoption of PromptPay as a payment method for everyday payments amongst individuals.

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Adyen, Davi Strazza (President North America) — Growing a Global Payments Powerhouse

Wharton Fintech

Adyen, Davi Strazza (President North America)Growing a Global Payments Powerhouse In todays episode, Kailee Costello hosts Davi Strazza , the President North America at Adyen , a global technology company enabling end-to-end payments, data and financial management.

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RedCompass Labs Launches AI Solution To Accelerate Banks’ Payments Modernisation

The Fintech Times

To make this transition easier, RedCompass Labs has launched its AI solution engineered to accelerate payments transformation: AnalystAccelerator.ai. Payments modernisation is a high priority for banks, with many incorporating new projects like ISO 20022, SEPA Instant, FedNow and RTP. AnalystAccelerator.ai The choice is ours.

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Finding the Right Payment Pathway: International Payments Launched by Cross River Bank

The Fintech Times

Our International Payments capability uses a flexible, rail-agnostic approach to enable fast, cost-effective, and secure transfers whether through SWIFT or local bank rails. Cross River also provides business banking accounts through Aion, including a High-Yield Business Account.