In the News

• 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.

• RTP® Network Breaks Instant Payments Records

  April 04, 2024

  The RTP^® network is ensuring no one has to wait for their money, especially in 2024. The RTP system, which gives access to account holders’ money immediately, has set new records in Q1 including overall volume and value, a record volume month, and the most transactions in a single day.

• CHIPS Liquidity Algorithm Saves Financial Industry Billions

  April 02, 2024

  Financial institution participants on CHIPS benefit from enhanced liquidity efficiency that saves the industry almost $14 million per day.

• Growing Volumes on The Clearing House’s ACH Network Lead to Impressive Upward Trajectory

  March 12, 2024

  Transaction volume on EPN^®, the ACH network from The Clearing House, grew 8% in 2023, outpacing the broader ACH market and continuing impressive yearly growth. In 2023, EPN processed over 19 billion transactions worth $52.4 trillion.