RTP Rules, Regulations, and Risks for Banks

This is why you should offer RTP. Learn how real-time payments work and delight accountholders.

As the RTP Network celebrates its fifth anniversary offering real-time payments, the volume has increased dramatically, with 49 million transactions worth $22.7 billion in Q4 2022. Consumers demand the ability to make payments quickly and choose financial institutions that offer this capability.

Not only reserved for large organizations, RTP is used by community banks. You can understand and offer this service to respond to accountholder expectations.

• What is RTP?
• How does RTP differ from Same Day ACH?
• What are the rules of RTP for consumers and financial institutions?
• What regulations apply to RTP?
• Do fast payments = fast fraud? How can you mitigate risk?
• What steps should your financial institution take to provide RTP capabilities?