Fintech Finance

JULY 17, 2025

RTP Network Instant Payments surged to $481 billion in Q2 2025, driven by rising demand for high-value, real-time transactions. Businesses and banks are leveraging the upgraded $10 million limit to streamline portfolio transfers, real estate deals, and B2B payments—boosting both speed and confidence in instant settlement.

RTP

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

Bank Automation

JANUARY 10, 2025

The Clearing House and Federal Reserve publicize the adoption of their payments rails, Real Time Payments and FedNow, by posting on their websites which financial institutions are live on their networks offering something of a roadmap for fraudsters to take advantage of newly onboarded FIs.

FedNow

Fintech Finance

FEBRUARY 4, 2025

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

Clearly Payments

OCTOBER 31, 2024

Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Faster Payments (U.K.), Usage : RTP systems are growing rapidly; India’s UPI processed 74 billion transactions in 2023, while Zelle in the U.S.

Online and Mobile Banking

Bank Automation

JANUARY 30, 2025

Business clients are demanding instant payment services from their financial services providers as they look to streamline payment processes.

RTP

Finovate

JULY 21, 2025

Stripe is acquiring payment orchestration startup Orum to enhance its real-time payments capabilities, including FedNow, RTP, and AI-driven instant payouts. Payment acceptance and financial services platform Stripe has agreed to acquire payment orchestration startup Orum for an undisclosed amount.

Acquirers

Finextra

JULY 8, 2025

The rise of Real-Time Payments (RTP) However, that dominance is no longer guaranteed. A quiet revolution is underway, and it’s being led by Real-Time Payments (RTP) - systems that enable the instant transfer of funds between bank accounts, 24/7, with settlement occurring within seconds.

RTP

Fintech Finance

JUNE 12, 2025

This launch also reflects inDrive’s long-standing commitment to freedom of choice — giving users the ability to select the payment method that fits their preferences and daily routines.

RTP

Bank Automation

JUNE 26, 2025

The Clearing House has implemented revised rules for “on-behalf-of” payments on its Real Time Payments network. On-behalf-of (OBO) payments are payments on the Real Time Payments (RTP) network.

Rules

Fintech Finance

FEBRUARY 13, 2025

Powered by timely and large-scale payments data from multiple financial institutions, TRACE provides holistic intelligence beyond an individual financial institutions siloed view, enabling tracing of financial crime across a payments network.

Money Laundering

Trade Credit & Liquidity Management

JUNE 12, 2025

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 RTP® (Real-Time Payments) network.

Request for Payment

The Fintech Times

JUNE 18, 2025

Working together, Mastercard and NITMX will power PromptPay , the real-time payments (RTP) platform in Southeast Asia, which will bring more Thai citizens and businesses into the digital economy.

Visa

Bank Automation

JANUARY 9, 2025

The Clearing House Real Time Payments network grew 94% year over year on a dollar basis in 2024 as it continued to benefit from the Federal Reserves marketing of FedNow. 8 […] The post RTP payment volume up 94% in 2024 appeared first on Bank Automation News.

RTP

The Fintech Times

APRIL 27, 2025

Instant payments are becoming significantly more attractive for US banks finds RedCompass Labs , the payments experts, as it finds that 84 per cent of US banks say the new $10million Real-Time Payment (RTP) network limit and $500,000 FedNow cap are a good thing.

RTP

Fintech Finance

JUNE 9, 2025

The capability will streamline inbound money movement and enhance funding agility across the Real-Time Payments (RTP) ® network. Plaid will be the first to implement the feature, unlocking instant purchases through its bank payments platform, Plaid Transfer.

RFP

The Paypers

JUNE 20, 2025

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.

Visa

Bank Automation

APRIL 25, 2025

The Federal Reserves instant payments network, FedNow, is gaining ground on The Clearing Houses Real Time Payments network and has added more FIs to its network than RTP since its launch in 2017. I think […] The post FedNow payment value grows 140% QoQ to $43B appeared first on Bank Automation News.

FedNow

The Payments Association

DECEMBER 18, 2024

.” Merusha Naidu, global head of partnerships , says, “Global cashless payment volumes are projected to increase by more than 80% between 2020 and 2025, from about 1 trillion transactions to almost 1.9 Real-time payments (RTP) could reach $193.1 billion within the multi-rail payments ecosystem by 2030.

Cross-Border

Finextra

JUNE 9, 2025

Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. The use of real-time and near real-time payment rails is also expanding.

ISO 20022

Bank Automation

JUNE 20, 2025

BNY is working to expand cross-border, instant payments to new markets through the remainder of 2025 and into 2026. “We’ve been really focused on international real-time payments,” Carl Slabicki, executive platform owner of treasury services at BNY, told Bank Automation News.

Instant Payments

Fintech Finance

DECEMBER 11, 2024

Gathered from over 1,250 global banking leaders, the report identifies key trends driving the future of payments for mid-tier banks, defined as financial institutions with between $3 billion and $100 billion in assets. In the U.S.

ISO 20022

The Fintech Times

JUNE 13, 2025

Pix is part of everyday life in Brazil, and by making it seamless, we’re giving our users the freedom to pay on their terms, in a way that’s at the same time natural, safe, and fast.” With Pix via open finance now available alongside cash and card, in some cities, inDrive users across Brazil can choose exactly how they want to pay.

Facilitators

Bank Automation

JUNE 12, 2025

Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to obtain their vehicle faster.

RFP

Finovate

MARCH 7, 2025

Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. Part of this was the launch of the real-time payment system Wero last summer.

Payments

Bank Automation

JANUARY 13, 2025

The Clearing Houses Real-Time Payments network is ready for cross-border payments from a technical perspective but is waiting for U.S. adoption of the network to grow to initiate the service.

Cross-Border Payments

Bank Automation

NOVEMBER 29, 2024

The Clearing House’s Real Time Payments network is seeing growth in adoption and transaction volume as consumers, small- and medium-sized businesses and large enterprises demand instant payment capabilities.

Instant Payments

Finovate

JULY 28, 2025

Stephanie Miracle, FedNow Client Specialist, Federal Reserve Financial Services Also at 10:50 AM on Tuesday, September 10, in the Payments track, Stephanie Miracle will tackle the evolution of real-time payments.

Stablecoins

Finextra

JULY 23, 2025

The most successful payment platforms recognize this reality by offering flexible rail selection rather than forcing a one-size-fits-all approach. Businesses need the ability to choose between ACH, RTP, FedNow, or wire transfers based on their specific requirements for speed, cost, and certainty.

Real Time Payments

Bank Automation

JUNE 13, 2025

Bank of America clients are taking advantage of the higher transaction limit on The Clearing House’s Real Time Payments network. The transaction limit was raised to $10 million from $1 million, effective Feb. 9, according to The Clearing House.

Transaction Limits

Bank Automation

JULY 14, 2025

Antonacci, who joins The Clearing House from Swift, will take on product development across TCH’s payment networks, including the Real Time Payments network, CHIPS, EPN and Image Exchange, according to TCH’s LinkedIn post. “I The Clearing House announced the appointment of Pat Antonacci as chief product officer today.

Product

Payments Dive

JULY 11, 2025

The Federal Reserve already put its new real-time payments system FedNow on the standard when it was launched in 2023. The bank-owned Clearing House also has its private real-time rail, the RTP network, using the ISO standard. “It is essential that we all speak the same language. We harmonize the data.

ISOs

Cardfellow

JUNE 16, 2025

FedNow is a real-time payment system created by the US Federal Reserve that went live in the summer of 2023. Banks could choose to allow instant payments between users, mimicking features offered by digital wallet transfers services such as Venmo. What is FedNow? Are there competitors to FedNow?

FedNow

Finovate

MARCH 26, 2025

Real time payments become solidified Banks’ adoption of FedNow and The Clearing House’s RTP is increasing, and so are consumer expectations for faster fund transfers.

Fraud Prevention

Payments Dive

JULY 21, 2025

Published July 21, 2025 Lynne Marek Lead Editor post share post print email license Viorika via Getty Images Dive Brief: Second-quarter transaction volume for the Federal Reserve’s young FedNow real-time payments system jumped 63% over the first quarter, to 2.1 million payments, the central bank said Wednesday.

Real Time Payments

Bank Automation

DECEMBER 2, 2024

The Clearing House continues to scale its operations with its Real Time Payments network clearing $500 billion at the end of November. The instant payments rail, launched seven years […] The post The Clearing House’s RTP clears $500B appeared first on Bank Automation News.

RTP

Tom Groenfeldt

APRIL 16, 2025

Subscribe To Newsletters The Clearing House Sees Growth In Its Real-Time Payments (RTP) By Tom Groenfeldt Follow Author Share Save Comment Innovation Enterprise Tech The Clearing House Sees Growth In Its Real-Time Payments (RTP) By Tom Groenfeldt , Contributor. All Rights Reserved.

Real Time Payments