It was the largest U.S. transaction ever to instantly settle, following The Clearing House's new transaction ceiling that went into effect Sunday.

The lack of a government requirement has slowed adoption in the U.S., but there are signs demand is picking up.

Businesses are beginning to realize the strategic benefits of real-time payments: not just speed, but enhanced control over ...

The more direct competitor to FedNow is Real-Time Payments (RTP), an instant payment system started in 2017 and run by the privately owned Clearing House. About 350 financial institutions have ...

Payment channel connections include real-time payments with the RTP network and FedNow, traditional payment rails (ACH and Wire), cross-border B2B payments with VisaB2B Connect, card solutions ...

Digital payment platform Cybrid has introduced an instant payment API that integrates FedNow and Real-Time Payments (RTP) networks to alleviate the common inefficiencies associated with ...

Just 22% of financial institutions currently offer full send-and-receive capabilities over the Real Time Payments network operated by The Clearing House Payments Co., while 4% offer full ...