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BNY Sends Largest Instant Payment in U.S. History, $10 Million Following Transaction Limit Increase

Fintech Finance

history and the first-ever payment on the RTP network exceeding $1 million, following the recent increase in the networks transaction limit. On February 9, the RTP networks transaction limit increased from $1 million to $10 million, enabling businesses to send larger payments instantly, 24/7.

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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. We look forward to continued growth through integrations with companies like Modern Treasury.”

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Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP and FedNow

Faster Payments Council

Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET. Catering to corporate customers as the primary revenue source for instant payments.

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Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP® and FedNow®

Faster Payments Council

Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET. Catering to corporate customers as the primary revenue source for instant payments.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

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.

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Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP® and FedNow®

Faster Payments Council

Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET. • Overcoming readiness gaps with digital banking vendors to maintain competitive advantage.

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BofA Sees 51% Increase in Companies Leveraging APIs For Real-Time Treasury Needs

Fintech Finance

Additionally, many treasury management systems (TMS) and enterprise resource planning (ERP) providers also host CashPro APIs. CashPro APIs is the ideal solution—it’s brought automation to our treasury and increased efficiency for my team.” This network of 55 TMS and ERPs has helped fuel the surge in API adoption.