Fintech Finance

FEBRUARY 10, 2025

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.

Transaction Limits

Fintech Finance

JUNE 10, 2025

Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients. real-time payments the company is processing. The recipient receives a payment within seconds.

Real Time Payments

Segpay

JUNE 13, 2024

FedNow Key features include: Real-time Payments: Enables funds to be transferred instantly, 24/7/365. Interoperability: Designed to work alongside existing payment systems. Integrated Fraud Management Features: Transaction Limits and Negative Lists. Accessibility: Available to all banks and credit unions.

FedNow

The Fintech Times

FEBRUARY 11, 2025

The payments system provider, The Clearing House , extended its transaction limit for funds transferred on the Real-Time Payments (RTP) Network from $1million to $10million. Currently, over 285,000 businesses rely on the RTP network each month to send and receive payments.

RTP