Trade Credit & Liquidity Management

JUNE 24, 2025

The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. Since the increase, Bank of America (BofA) reports that transactions over $1 million now account for more than half the total value of U.S. real-time payments processed for corporate clients. Federal Reserve.

Real Time Payments 52

Real Time Payments B2B RTP Volume 52

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. I don’t believe so.

RTP 52

RTP Payment APIs and Integration Cross-Border Real Time Payments 52

The Fintech Times

MARCH 31, 2025

According to the FICO survey, three-quarters of consumers in the UK say they have sent (79 per cent) and received (73 per cent) real-time payments (RTP). However, nearly a quarter (23 per cent) say they do not know if RTP processes include enough security checks. FICO also found that UK usage of RTP is lower than the global average.

Real Time Payments 64

Real Time Payments RTP Consumer Scams 64

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. ” Key features of the RTP network The network operates 24 hours, 7 days a week including holidays and weekends. .

Real Time Payments 69

Real Time Payments RTP ISO 20022 Transaction Limits 69

Fintech Finance

FEBRUARY 20, 2025

The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. Use Case Expansion: Businesses are most interested in leveraging faster payments for eCommerce (54%), point-of-sale transactions (51%), and invoicing/supplier payments (41%).

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

Fintech Finance

JUNE 12, 2025

Powered by Belvo, the leading Open Finance platform in Latin America, the new feature enables fast, secure, and intuitive Pix transactions — fully embedded within the inDrive app, the world’s second-most downloaded app in the ride-hailing category.

RTP 93

RTP Payments Real Time Payments Finance 93

Bank Automation

JUNE 26, 2025

On-behalf-of (OBO) payments are payments on the Real Time Payments (RTP) network. These transactions are originated by a sender to make a payment on behalf of another person. “The The Clearing House has implemented revised rules for “on-behalf-of” payments on its Real Time Payments network.

Rules 59

Rules RTP Real Time Payments Origination 59

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. Surprisingly, earned wage access came in ninth place (29 per cent).

RTP 45

RTP FedNow Instant Payments Payee 45

Fintech Finance

FEBRUARY 13, 2025

In recent years, Real-Time Payments (RTP) have seen a rapid rise in use among individuals and businesses across Asia Pacific, allowing transactions to be settled between accounts at different financial institutions within secondssomething which in the past often took a matter of days. Oftentimes, investigations take weeks to complete.

Money Laundering 75

Money Laundering Financial Crimes Crime Visa 75

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 52

Request for Payment RFP Same Day ACH RTP 52

Fintech Finance

JUNE 9, 2025

The capability will streamline inbound money movement and enhance funding agility across the Real-Time Payments (RTP) ® network. A leader in instant payments and an early adopter of the RTP ® network, Cross River moves over $1 billion monthly in real-time disbursements across RTP ® and FedNow combined.

RFP 52

RFP Request for Payment RTP Same Day ACH 52

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 builds on a long-established partnership that started in 2016, created to enable Thai businesses and citizens to transact more conveniently.

Visa 61

Visa RTP CBDC Real Time Payments 61

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. For the past nine years, the two firms have been enabling millions of individual and businesses in Thailand to transact seamlessly using PromptPay.

Visa 49

Visa Real Time Payments RTP Non-Bank 49

Bank Automation

JANUARY 9, 2025

TCH moved $246 billion on its network in 2024 and increased transaction volume by 38% YoY to 343 million transactions, according to a Jan. 8 […] The post RTP payment volume up 94% in 2024 appeared first on Bank Automation News.

RTP 52

RTP Volume TCH FedNow 52

The Payments Association

DECEMBER 18, 2024

Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 trillion transactions by 2027. Real-time payments (RTP) could reach $193.1 trillion, and to almost triple by 2030.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

The Fintech Times

JUNE 10, 2025

Cross River , a banking infrastructure provider, has launched Request-for-Payment (RfP) on the RTP® network, with fintech platform Plaid as the first user enabling instant pay-ins for online used car seller Carvana. The RfP capability aims to address delays in inbound payments, which often rely on traditional ACH and wire transfers.

Request for Payment 45

Request for Payment RFP Same Day ACH Payer 45

The Fintech Times

NOVEMBER 16, 2024

Through the new solution, MoonPay Balance, the crypto payments fintech aims to offer users a new way to transact. MoonPay Balance also supports various payment methods, including SEPA , Faster Payments, and open banking , with plans to expand to more options in the future including ACH, Wire, and RTP.

Non-Bank 75

Non-Bank RTP Wire Wires 75

Finextra

JULY 1, 2025

Joining the FinextraTV studio at EBAday 2025 in Paris, Daniel Stanton, Global Head of Transactional FX, Cross-Border RTP & Clearing at Bank of America, explained why we can be optimistic about the global banking and payments landscape.

Instant Payments 52

Instant Payments RTP Cross-Border Interoperability 52

Finextra

JUNE 9, 2025

million transactions settled in the same period [2]. Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. To combat this, Nacha is introducing new real-time fraud monitoring for ACH transactions, which go live in March 2026. Reports show that a third of U.S.

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

Finovate

FEBRUARY 20, 2025

This enables banks to process transactions across multiple core systems while integrating with digital banking, Office of Foreign Assets Control (OFAC), and fraud monitoring via open APIs. ” Headquartered in Wilmington, North Carolina, Live Oak Bank is a cloud-based digital bank that serves small businesses throughout the US.

FedWire 114

FedWire ISO 20022 ISOs Payment APIs and Integration 114

Payments Dive

JUNE 12, 2025

By Caitlin Mullen • July 17, 2024 Google Maps Fiserv to leverage artificial intelligence to help merchants The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit. By Patrick Cooley • July 24, 2024 Keep up with the story. Here’s why.

Privacy 107

Privacy Push-to-Card Debit Card Addressing 107

The Fintech Times

JUNE 13, 2025

Working with Belvo, the new feature enables fast, secure, and intuitive Pix transactions — fully embedded within the inDrive app. How it works The instant payment system — commonly referred to in the industry as RTP (real-time payment) or A2A (account-to-account) — marks a significant breakthrough in the Brazilian market.

Facilitators 45

Facilitators Finance RTP User Authentication 45

Finovate

MARCH 7, 2025

What happens when an ongoing revolution in payment innovation meets a regulatory regime determined to ensure secure and safe transactions for individual consumers, business entities, and even governments? Research by Juniper reveals that 60% of all ecommerce transactions will happen via local payment methods by 2028.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

The Fintech Times

MAY 3, 2025

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.

International Payments 69

International Payments Cross-Border Cross-Border Payments Same Day ACH 69

Payments Dive

JUNE 12, 2025

Multiple industry associations support the legislation, according to the senators’ press release, including the AARP; the American Bankers Association; and the Electronic Transactions Association. “A The thieves thrive on divide and conquer and it will take everybody working in concert to fight this fight.” Here’s why.

Law Enforcement 88

Law Enforcement Scams Payments Zelle 88

Payments Dive

JUNE 12, 2025

By Caitlin Mullen • July 17, 2024 Google Maps Fiserv to leverage artificial intelligence to help merchants The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit. Here’s why.

Digital Payments 88

Digital Payments Payments Privacy Push-to-Card 88

Fintech Finance

DECEMBER 11, 2024

These technologies facilitate real-time visibility into payment flows, automate key processes, and leverage enhanced data analytics, helping expedite transaction reconciliations and unearth insights to enhance liquidity and risk management. In the U.S.

ISO 20022 52

ISO 20022 ISOs Technology Real Time Payments 52

Payments Dive

JULY 11, 2025

The bank-owned Clearing House also has its private real-time rail, the RTP network, using the ISO standard. ISO 20022 benefits business One of the key benefits of the technology associated with the new standard is its ability to carry more data with a given transaction. Regional U.S.

ISOs 218

ISOs ISO 20022 FedWire Federal Reserve 218

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 52

Instant Payments Real Time Payments Payments Payment Networks 52

Cardfellow

JUNE 16, 2025

Steps Involved in Accepting Credit Cards If you’ve been accepting cards for a while, you probably already know that the transactions have several steps before you actually receive the money for the sale. At set intervals, typically once a day, your business “batches” the transactions and sends them for processing.

FedNow 52

FedNow Credit Cards Process P2P 52

Bank Automation

JANUARY 13, 2025

TCH conducted a pilot in 2022 with Euro Banking Association Clearing, the instant payments network of the European Union, to settle transactions between the United […] The post TCH cross-border payments on hold appeared first on Bank Automation News. adoption of the network to grow to initiate the service.

Cross-Border Payments 59

Cross-Border Payments TCH Cross-Border Real Time Payments 59

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 59

Transaction Limits Real Time Payments Payment Networks Automation 59

The Paypers

MAY 15, 2025

Spanish banks CaixaBank and BBVA , have conducted the first interbank Request to Pay (RTP) transactions in Europe.

RTP 36

RTP Transactions 36

Fintech Finance

DECEMBER 5, 2024

The Clearing House , the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. ” The new $10 million individual transaction limit will be effective February 9, 2025. . In October, the RTP network experienced a record 31.9

Transaction Limits 98

Transaction Limits RTP Transactions Instant Payments 98

Fintech Finance

NOVEMBER 12, 2024

The RTP® network, the largest instant payments system in the United States operated by The Clearing House , now averages over 1 million payments per day. The RTP network also set single day records of 1.46 million transactions valued at $1.24 In October, the RTP network experienced a record 31.7 billion on November 1.

RTP 97

RTP Instant Payments Real Time Payments Payments 97

Fintech Finance

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House. This record setting quarter continues an impressive trend for the RTP network, which previously set numerous records in Q1 2024.

RTP 96

RTP Instant Payments Credit Union Volume 96

PYMNTS

SEPTEMBER 15, 2020

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105