Caliber Corporate Advisers’ Post

Seven years of the RTP® network and over half a trillion dollars in payments! That’s right, the largest #InstantPayments network in the U.S. celebrated its 7th anniversary in November with a historic milestone: clearing and settling over $500 billion in total payments. Cheers to seven years (and many more) of #PaymentsInnovation! #RTP #realtimepayments

Transforming the U.S. payments landscape doesn’t happen overnight—it takes bold ideas and a relentless commitment to innovation. With the increase in the transaction limit to $10 million, RTP continues to empower businesses and consumers with faster, smarter, and more efficient payments.

The RTP® network recently achieved a single-day record of more than $1 billion in instant payments! In a record-setting quarter, we processed $55 billion in transactions, reflecting a 30% increase in payment value. With growing adoption across various use cases, including account-to-account transfers and gig economy payouts, financial institutions are leveraging RTP® to meet customer expectations for 24/7 instant payments while driving deposit growth. #RTPRevolution Read more about this record-breaking performance and the benefits of instant payments: https://lnkd.in/gjBTirvf

82M RTP transactions. $55B in value. Another standout quarter for the #RTP® network. 📈 We're proud to close out the first half of 2024 with continued momentum as demand for #InstantPayments soars. Financial institutions on the RTP network are seeing deposits grow, while meeting customer expectations for instant payments. Learn more: https://lnkd.in/gjBTirvf

Financial institutions of all sizes are taking advantage of the RTP® network’s #InstantPayment capabilities to help their clients move money and streamline #payments. Check out the RTP network's use cases page to learn how customers are leveraging the power of instant payments: https://lnkd.in/gcSc8x4J

The RTP® network has made significant strides in bringing instant payments to financial institutions and their customers. TCH is dedicated to expanding #instantpayments for all financial institutions and have close to 700 FIs live on the network, which equals 68% of U.S. demand deposit accounts. Read more about the RTP network's progress, including growing transaction volumes, in this article from American Banker: https://lnkd.in/gjjie-xa

Product management professionals aspiring to break in on banking product management should consider ramping up knowledge on the hottest product lines in payments; instant payments. Search professional networks, such as LinkedIn, for complimentary webinars offering knowledge and analysis of the new emerging payments industry. There’s an abundance of opportunities to learn. For those fortunate to gain access to conferences on treasury management, bank operations, payments, attend sessions devoted to instant payments and risk management of instant payments.

It’s #FinancialCapabilityMonth – is your #FinancialInstitution leveraging the capabilities of #InstantPayments for its clients? With technical access to nearly 90% of U.S. DDAs, FIs of all sizes can connect to the RTP® network. Learn more about joining the #RTPRevolution and unlocking instant payments: https://lnkd.in/eS8eevT

Watch this on-demand webinar with Bottomline, SIX and t'charta to delve into the nitty-gritty of SIC Instant Payments. It's not just about swift 10-second processing times but a shift that impacts the entire financial ecosystem. As we gear up for the second wave of SIC IP by 2026, let's kick-start the conversation about perfecting the strategy for its implementation and reaping its benefits. Tune in now to advance your knowledge and stay a step ahead. #InstantPaymemts #PaymentsModernization #FutureOfPayments

Wires are so twentieth century. We’re all about the wireless payment life. Are you? #paymentsolution #paymentprocessor #paymentoptions #paymentindustry #paymentgateway #paymentautomation