ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Newsbytes

RTP network sees record transaction growth in 2024

November 12, 2024
Reading Time: 1 min read
Survey: Businesses see growth potential in newer payments systems

The RTP network experienced a record 31.7 million transactions in October, valued at $25.4 billion, network operator The Clearing House announced today. The RTP network also set a single-day record of 1.46 million transactions valued at $1.24 billion on Nov. 1.

The total number of transactions on the RTP network increased 6.2% in October from the previous month, with the total value of those transactions increasing 9%, according to TCH. Payment value on the network rose 11.4% and transaction volume rose 12% from July. The network has broken payment volume and value records in each quarter of the year, it added.

Payments activity on the RTP network shows that consumers and businesses are utilizing the system’s 24/7 capability, with 42% of transactions taking place overnight, on weekends or on holidays, TCH said.

Tags: Payments system
ShareTweetPin

Related Posts

Digital debit: Table stakes for consumer payments

Digital debit: Table stakes for consumer payments

Payments
May 13, 2026

To ensure the highest level of security, what does the right level of friction in the process look like?

ABA, associations urge lawmakers to finalize deal on debt ceiling

House passes bills to streamline community bank reg burden

Community Banking
May 12, 2026

The TRUST Act and SMART Act would raise the threshold to $6 billion in assets for well-managed, well-capitalized banks to have less frequent exams, as well as streamlining the exam experience for qualifying banks under that threshold.

FinCEN issues human trafficking notice for FIFA World Cup

FinCEN issues human trafficking notice for FIFA World Cup

Compliance and Risk
May 12, 2026

FinCEN has issued a notice urging increased vigilance by banks and other financial institutions for signs of human trafficking in and around cities hosting the 2026 FIFA World Cup.

FASB accounting standard codification paid research tool to be free of charge

Fed’s Bowman calls for CECL repeal

Newsbytes
May 12, 2026

Saying that the Current Expected Credit Loss accounting standard "clearly did not improve safety and soundness", Federal Reserve Vice Chair for Supervision Michelle Bowman called for a repeal, exemption or practical expedient to be available for community banks...

Poll: Small business owners optimistic about the future

NFIB: Small business optimism remained below average in April

Economy
May 12, 2026

The NFIB Small Business Optimism Index rose 0.1 points in April to 95.9, below its 52-year average of 98 for the second consecutive month, according to NFIB. The Uncertainty Index fell four points from March to 88, remaining...

Trump removes Harper, Otsuka from NCUA board

Trump nominates Treasury staffer to potentially lead NCUA

Newsbytes
May 12, 2026

President Trump has nominated Treasury Department staffer John Crews to join the National Credit Union Administration board. If confirmed by the Senate, he would be positioned to eventually lead the agency, which has been in leadership limbo since...

NEWSBYTES

House passes bills to streamline community bank reg burden

May 12, 2026

FinCEN issues human trafficking notice for FIFA World Cup

May 12, 2026

Fed’s Bowman calls for CECL repeal

May 12, 2026

SPONSORED CONTENT

Credit Memos at the Convergence Point

Credit Memos at the Convergence Point

May 1, 2026
Digital Account Opening: Think Outside the Box for Maximum Business Impact

Digital Account Opening: Think Outside the Box for Maximum Business Impact

April 29, 2026
Why Your Systems Keep Slowing Down — and What to Do About It

Why Your Systems Keep Slowing Down — and What to Do About It

April 21, 2026
Planning Your 2026 Budget? Allocate Resources to Support Growth and Retention Goals

How leading banks are enhancing customer engagement through financial data insights

April 10, 2026

PODCASTS

Podcast: How an Ohio banker talks with policymakers about stablecoin issues

May 6, 2026

Podcast: Tech transformation and AI to power bank growth

April 29, 2026

Podcast: ABA’s ecosystem strategy to tackle fraud

April 22, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.