FedNow tops 1,600 banks but RTP's $1.3tn lead holds in 2025

FedNow tops 1,600 banks but RTP’s $1.3tn lead…

FedNow has overtaken The Clearing House’s Real-Time Payments (RTP) network on bank participants, with the Federal Reserve’s instant-payments rail reaching 1,600 financial institutions in early 2026 against RTP’s 1,135 — yet RTP still moved roughly…