Instant Impact: Why Real-Time Payment Success Hinges on Optionality

The demand for instant payments has never been greater in the United States. Financial institutions (FIs) increasingly see real-time payment capabilities as foundational, not optional, for modern infrastructure. However, fragmentation due to multiple existing payment rails—such as the RTP® network and the FedNow® Service—stands as a potential barrier to broader adoption. Can these rails coexist, […]