Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments...
The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet...
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including...
It took the RTP® network more than five years to surpass 500 million instant payments. Getting to the 1 billion mark didn’t take nearly as...
Eight years after launching the RTP® instant payments network, The Clearing House logged a stellar 2024. Early Wednesday (Jan. 8), the consortium announced that more...
For all transactions — but especially for high-value commercial payments — speed is always a consideration, alongside the costs of those transactions, as well as...
The Clearing House plans to raise its instant payment network’s individual transaction limit. Starting next year, the RTP® Network will allow individual transactions of up...
The Clearing House says its clearing/settlement system handled a record number of Black Friday transactions. The organization’s CHIPS network settled and cleared 1,083,550 payments valued...