Cardfellow

JUNE 16, 2025

The most direct competitor is The Clearing House’s real time payment (RTP) Network, which offers real-time payments between participating financial institutions. Some in the financial world claim that FedNow could actually reduce processing costs. Are there competitors to FedNow?

FedNow

Fintech Finance

JULY 30, 2024

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US.

RTP

PYMNTS

DECEMBER 17, 2020

ESL Federal Credit Union , through a team effort with other organizations, has gone live with real-time payments on the RTP network. ESL joined the RTP network by connecting through BNY Mellon , which helps companies convert to digital payments. ESL has more than 374,000 members and 11,400 businesses as customers.

Real Time Payments

Trade Credit & Liquidity Management

MAY 15, 2025

From a Press Release dated May 7, 2025, New York, NY Balance , a leading B2B financial infrastructure platform, has launched "Instant Bank Connection," a new feature powered by Real-Time Payment (RTP) rails. This innovation streamlines the setup and processing of ACH payments for business buyers and merchants.

B2B

Clearly Payments

AUGUST 14, 2024

Apple Pay, Google Pay), Buy Now, Pay Later (BNPL) services, and bank transfers has provided merchants with lower-cost alternatives. For example, the European Union’s IFR and similar initiatives in other regions aim to reduce the cost burden on merchants. Alternative Payment Methods: The rise of digital wallets (e.g.,

Process

Fintech Finance

MAY 8, 2025

Balance, the financial infrastructure platform for B2B commerce, announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH setup for buyers and speeds up payments to merchants—improving cash flow and reducing processing costs.

RTP

Finextra

MAY 7, 2025

Balance, the financial infrastructure platform for B2B commerce, today announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH setup for buyers and speeds up payments to merchantsimproving cash flow and reducing processing costs.

RTP