Remove Request for Payment Remove Settlement Remove Wire
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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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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

Modern Treasury helps its customers access instant payment capabilities by expanding support for these rails with banks. It enables a faster way to move funds via new payment rails than traditional ACH, wire, or check. Real estate requires the ability to move money quickly, accurately, and securely.

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P2P Payments Set The Stage For B2B RTP

PYMNTS

The rise of Zelle , and any number of peer-to-peer (P2P) payment options, has increasingly brought consumers on board with the need for speed in payments — where settlement is marked by seconds and minutes, not hours or days. It has the ability to replace not only checks, but cash, wire and ACH.ā€.

RTP
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The State Of Faster Payments: ā€˜Early Innings’

PYMNTS

Stateside, more recently, the Federal Reserve has thrown its hat in the ring, seeking commentary over real-time payments, with support already from Google and Amazon , as documented in this space. Now, we have checks, we have wires, we have ACH. I would say the same thing about a lot of the faster [payment] rails.ā€.

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How FedNow will Disrupt Vendor Payments

Nanonets

The US Federal Reserve's new payment rail FedNow can shake up the landscape, offering significant time and cost savings. In this blog post, we delve into how FedNow could impact businesses and their vendor payment practices. However, these modern payment options require trade-offs between speed and costs.

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Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

The rail was built on the ISO 20022 messaging standard, which sends data and payments together. The ability to send a request for payment via RTP can help smooth reconciliation, he noted. . Leveraging requests for payment could really help in those situations.ā€ .

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A Comprehensive Guide to FedNow

Payment Savvy

Settlement Services: Settlement is the process of finalizing a transaction between two parties. With the settlement services option, financial institutions can participate in the real-time settlement of payments through FedNow. One of those cool features is fraud prevention tools.