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 Payments

The Clearing House: Value on RTP network up nearly 95% in 2024

January 9, 2025
Reading Time: 1 min read
ABA, trade groups move for preliminary injunction to block Illinois Interchange Law

The Clearing House reports that the total transaction value on its RTP network jumped 94% in 2024 from the previous year to $246 billion, while volume increased 38% to 343 million transactions. The network entered 2025 with a record 98 million transactions valued at $80 billion in Q4 2024, which TCH says is 12% volume growth and a 16% increase in value from the third quarter.

The growing number of banks and credit unions participating is another factor that contributed to increased activity on the RTP network, TCH officials said. The number of participating financial institutions on the RTP network grew 67% in 2024. Smaller banks, officials noted, view instant payments “as a positive influence on customer retention,” a way to “reclaim payment flows and keep funds in their customers’ bank accounts,” and to increase customer satisfaction.

The RTP network averages over 1 million payments per day.

Tags: Payments system
ShareTweetPin

Related Posts

ABA survey: Americans strongly support prohibiting crypto companies from offering yield-like rewards for holding stablecoin

New rule establishes procedures for reviewing state stablecoin regulations

Newsbytes
September 30, 2026

The Treasury Department published an interim final rule establishing the forms and procedures used by a federal committee that reviews state stablecoin regulatory regimes.

ABA asks Fed, administration to maintain full penny deposit services

Common Cents Act clears Senate

Newsbytes
September 29, 2026

The Senate passed by unanimous consent a bill to officially end penny production and provide a framework for cash rounding when exact change cannot be provided. The legislation now heads to President Trump.

ABA, 52 state bankers associations urge Congress to close stablecoin interest loophole

ABA, associations urge OCC to broaden application process for stablecoin issuers

Newsbytes
September 25, 2026

As it seeks to implement the Genius Act, the OCC should consider additional factors when reviewing applications from non-bank entities requesting to become payment stablecoin issuers, and it should seek public comment on those applications, ABA and three...

ABA survey: Americans strongly support prohibiting crypto companies from offering yield-like rewards for holding stablecoin

Fed proposes rules for Genius Act implementation

Compliance and Risk
September 24, 2026

The Federal Reserve proposed new rules to require payment stablecoin issuers under its supervision to back their stablecoins with certain reserve assets, and to establish an application process for state member banks seeking to create subsidiaries that issue...

BIS: Stablecoins fail as ‘sound money’

ABA, BPI seek regulatory consistency in proposed stablecoin reporting forms

Compliance and Risk
September 21, 2026

The FDIC should finalize reporting forms for stablecoin issuers only after it finalizes the regulatory requirements for those firms, and it should collaborate with other federal regulators to ensure all reporting forms are substantially similar, ABA and the...

ABA, associations urge Congress to overturn CFPB credit card late fees rule

House committee advances ABA-backed bills on state lending rate caps, CFPB reform

Newsbytes
September 16, 2026

House Financial Services Committee advanced legislation to prevent states from imposing interest rate caps on loans from out-of-state state-chartered banks and credit unions. Committee members also advanced a CFPB reform bill.

NEWSBYTES

Fed extends comment deadline for proposed updates to bank insider regulation

October 2, 2026

ABA DataBank: Lock-in effect weighs on existing home sales

October 2, 2026

Report: Growing number of states mandate high school financial education

October 2, 2026

SPONSORED CONTENT

The Shift from Demographic Marketing

The Shift from Demographic Marketing

October 1, 2026
Meeting Ag Lending Goals Without Going It Alone

Meeting Ag Lending Goals Without Going It Alone

October 1, 2026
Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

September 17, 2026
Banking Technology at a Strategic Crossroads

Banking Technology at a Strategic Crossroads

September 8, 2026

PODCASTS

Podcast: Creating seamless customer experiences

September 30, 2026

Podcast: Telling a different kind of story about community banks

September 28, 2026

Podcast: Making the jump from a high performer to a high-performing leader

September 16, 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.