RTP payment volume up 94% in 2024
The Clearing House’ Real Time Payments network grew 94% year over year on a dollar basis in 2024 as it...
Payments
ClearBank sees payment processing time drop by 80%
ClearBank is seeing its payment processing time decrease 80% after integrating AI. The Bristol, U.K.-based clearing agency and banking platform...
Movers and Shakers: Symes to be new CFO at Checkout.com
Payments service provider Checkout.com has appointed Philip Symes as its interim chief financial officer, according to a release from the...
CFPB lawsuit against bank giants is ‘regulatory overreach,’ Zelle says
The Consumer Financial Protection Bureau announced today that it has sued Early Warning Services, Bank of America, JPMorgan and Wells...
People First FCU to add FedNow send capabilities in 2025
People First Federal Credit Union has joined the Federal Reserve’s real time payments network, FedNow, as a receiver and aims...
Bank of America hits payments milestones with CashPro App, Paze
Bank of America on Dec. 10 revealed that its CashPro App will surpass $1 trillion in payment approvals by yearend...
The Clearing House raises RTP transaction limit to $10M
The Clearing House raised the transaction limit on its Real Time Payments network to $10 million, opening the door for...
The Clearing House’s RTP clears $500B
The Clearing House continues to scale its operations with its Real Time Payments network clearing $500 billion at the end...
Instant payments ‘really kick up’ during holidays
The Clearing House’s Real Time Payments network is seeing growth in adoption and transaction volume as consumers, small- and medium-sized...
Transactions: Mastercard, JPMorgan team up on B2B efficiency
Mastercard’s Multi-Token Network team and JPMorgan’s Kinexys Digital Payments are working together to improve commercial transaction efficiency, according to a...
