Want or need a payment instantly? Whether you’re a consumer or a business, you’re more likely to get your funds in seconds if you — and the sender — are customers of certain types of banks. Real-time payments between bank accounts that happen in seconds...
A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a surge in instant payment capabilities across the globe, as announcements focus on bringing faster payments...
The promise of payments that clear in seconds rather than days has moved from a bright idea to a strategic imperative for banks of all sizes. Yet as real-time payments rails race ahead, many community and mid-sized banks still struggle to turn speed into strategy....
Real-time payments continue to shake up the financial landscape, driven by infrastructure upgrades and cross-border collaborations. From North and Latin America to Europe and beyond, banks and FinTechs are accelerating efforts to enable faster, more accessible payment experiences. North-American payments In the United States, Chicago’s...
May 20, 2025
Instant payments have entered the mainstream — but how, why and for whom financial institutions deploy them is anything but uniform. Our latest data brief uncovers a nuanced, often-surprising competitive landscape. Some banks are racing to serve businesses with real-time tracking and confirmation tools. Others, particularly digital-only players, are betting on consumer-first strategies, powered by […]
May 14, 2025
A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a...
May 05, 2025
Real-time payments continue to shake up the financial landscape, driven by infrastructure upgrades and cross-border collaborations. From North and Latin America to Europe and beyond, banks and FinTechs are accelerating...
May 01, 2025
For banks seeking to lure and keep small- to medium-sized business (SMB) clients, real-time payments can become big business. If traditional financial institutions (FIs) lag in offering faster payments to...
April 25, 2025
Truist completed the initial testing phase of an alias-based bill payment solution that uses The Clearing House’s RTP® network and Request for Payment (RfP) platform. The internal pilot — which included Truist’s credit card division and employee volunteers — made Truist the first financial institution to send and receive alias-based RfPs for transactions and deliver […]
March 31, 2025
The Clearing House says transactions on its electronic payments network (EPN) system continue to grow in value and volume. That system, The Clearing House’s (TCH) automated clearinghouse (ACH) network, saw...
February 10, 2025
The Clearing House said it transmitted the largest instant payment in United States history. The $10 million payment was made by BNY and transmitted over The Clearing House’s RTP® network,...
February 03, 2025
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 long. Eighteen months after reaching...
