In the News

• BNY Sends Largest Instant Payment in U.S. History, $10 Million Following Transaction Limit Increase

  February 10, 2025

  As businesses increasingly demand faster, more secure, and transparent payment solutions, advancements in real-time payment capabilities are transforming how companies manage liquidity and streamline operations.

• RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

  February 03, 2025

  The exponential acceleration of instant payments on the RTP^® network redefines how money moves across the United States.

• Skyrocketing RTP® Network Growth Sets Stage for 2025

  January 08, 2025

  More than $246 billion moved over the RTP^® network in 2024, up a whopping 94% from 2023, while transaction volume jumped 38% to 343 million.

• Higher $10 Million RTP® Network Transaction Limit Empowers New Uses

  December 04, 2024

  Businesses and financial institutions support the increase of RTP^® network transaction limits to enable instant payments for higher value transactions in real estate, supply chain, inter-company transfers, large merchant settlements, and other business-to-business transactions.

• CHIPS® Celebrates Black Friday by Smashing Payments Record

  December 02, 2024

  CHIPS cleared and settled 1,083,550 payments valued at $2.63 trillion, setting a new daily volume record.

• America Loves Instant Payments, as New RTP® Network Records Show

  November 12, 2024

  Consumer and businesses are getting paid faster each day, to the tune of a record 31.7 million transactions in October – averaging 1 million payments per day – exclusively on the RTP^® network, the largest instant payment system in the United States that serves a growing and diverse corporate and consumer user base. 

• RTP® Network Has Billion Dollar Day

  July 10, 2024

  The RTP® network, the real-time payment system that powers a growing and diverse corporate and consumer user base, set new records in Q2, including a notable $1 billion in payments in a single day. 

• Federal Reserve’s Flawed Debit Card Proposal Harms Banks, Credit Unions and Consumers

  May 10, 2024

  America’s banks and credit unions unanimously oppose Regulation II proposal

• MUFG and Crédit Agricole Corporate & Investment Bank Complete First Payment in the ISO 20022 Format on CHIPS® Network

  April 17, 2024

  The two participants completed the first CHIPS ISO 20022-formatted transaction after the network successfully migrated to the ISO 20022 message format for the April 8 banking day.

• CHIPS® Network Successfully Migrates to ISO 20022 Message Format

  April 10, 2024

  The CHIPS network cleared and settled $1.81 trillion during the first day of operations on the ISO 20022 global standard message format.