Real-Time Payments Set to Soar in US With Cloud Solutions

The Real-Time Payments World Map

Activity in the global real-time payments landscape remains strong, with NetXD’s cloud solution aiding the smooth onboarding and integration of banks onto the RTP® network in the U.S., while in Canada, the eagerly awaited Real-Time Rail payment system steadily advances toward completion and launch. This edition of the “Real-Time Payments World Map,” a collaboration withThe Clearing House, examines the latest developments fueling the rapid expansion of instant transactions worldwide.

Inside the May World Map

In the United States, NetXD has launched a fully cloud-based solution for The Clearing House’s RTP® network.
Payments Canada continues progress toward completing and launching Canada’s nationwide Real-Time Rail (RTR).
In Denmark, real-time payments took a significant step forward with a new agreement between the European Central Bank (ECB) and Danmarks Nationalbank.