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Next phase of digital disruption arrives on the rails of real-time payments
As of late 2017, more countries and regions joined the global real-time payments movement. With the arrival of European Banking Association Real-Time 1 (EBA RT1), SEPA Instant Payments, The Clearing House (TCH) Real-Time Payments (RTP) System, Zelle Network, and the Australian New Payments Platform (NPP), real-time payments now have the potential to reach nearly 1 [...]
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Zelle announces $25 billion in P2P payments in Q1
In the first quarter of 2018, more than $25 billion moved through the Zelle Network, up 15% quarter-over-quarter (QoQ), on 85 million transactions, up 14% QoQ. “Zelle is replacing cash and checks for sending gifts for birthdays to distributing funds to those in need, changing how money moves safely for millions of consumers,” saysPaul Finch, CEO at the bank-owned [...]
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