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BNY Sends Largest Instant Payment in U.S. History, $10 Million Following Transaction Limit Increase

Fintech Finance

Today, The Clearing House and BNY (NYSE: BK), announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP network exceeding $1 million, following the recent increase in the networks transaction limit.

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RTPĀ® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

The RTP network has achieved a major milestone, surpassing 1 billion payments just 18 months after crossing the 500 million transaction mark. This extraordinary increase reflects the growing demand for faster, more transparent, and always-available payment solutions from consumers, businesses, and the financial community.

RTP
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inDrive Launches First Fully Embedded Pix Payment Experience in Brazil

Fintech Finance

With technology provided by Belvo , the new feature – an innovation in the Brazilian Ride Hailing and Delivery landscapes – brings an integrated, peer to peer, safe and effortless digital payment option into the inDrive app.

RTP
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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 RTPĀ® (Real-Time Payments) network.

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Paymentology’s predictions for 2025

The Payments Association

Jeff Parker, CEO, says, ā€œDigital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8 Key trends will include the acceleration of cross-border, real-time and instant payments and the rise of cashless economies. Real-time payments (RTP) could reach $193.1

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Finovate Global: Boku’s Stuart Neal Talks About Local Payment Methods, EPI, and More!

Finovate

A champion of payment choice, Boku supports a global network of localized payment solutions, including Direct Carrier Billing (DCB), digital wallets, and account-to-account connections. Local Payment Methods (LPMs) have proliferated around the world over the past decade. Founded in 2008, Boku is headquartered in London.

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

The Fintech Times

To offer businesses seamless, efficient and cost-effective cross-border transactions, Cross River Bank , a tech infrastructure provider that offers embedded financial solutions has announced the launch of its new International Payments solution.