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

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 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 ...

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

Similar legislation has been proposed to crack down on US payment scams. RTP and FedNow are designed for immediate transaction processing, and any proposed delays would herald a significant shift ...

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 ...

Earlier this month, RTP noted its volume was near 1 million daily transactions, and in December it raised its real-time transaction cap from $1 million to $10 million. On its Web site, FedNow lists ...

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 ...