A few months ago, the RTP® network surpassed the 500 million payment milestone. The RTP network has been providing real-time payments to millions of consumers and businesses for more than five years, and transactions continue to skyrocket. In the second quarter of 2023, transactions totaled 58 million for $29 billion, which is up from 41 million transactions for $18 billion in the second quarter of 2022. With more than 70 credit unions reaping the benefits of the RTP network, the payment rail continues to evolve rapidly, revolutionizing the landscape of immediate payments throughout the financial industry.
So, what are the latest happenings with real-time payments? Corporate One brought in the experts for our Immediate Payments Fall 2023 Webinar Series to get the latest news. The following are now available to watch on demand.
The Clearing House’s Keith Gray and Bayer Heritage Federal Credit Union’s Denise Geho offer their valuable insights into the latest developments within the RTP network. They explore the diverse range of use cases and the exponential growth in transaction volume. Discover how credit unions like yours effectively leverage the RTP network to benefit their members.
The Federal Reserve's National Account Relationship Manager, Diana Holshue, gives us a firsthand update about the successes of the recent FedNow Service launch and insight into what’s next. Dive into the details of this new immediate payment rail to understand its impact and emerge ready to make informed decisions that will shape the future of your financial institution.
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