FedNow, RTP interoperability is inevitable

The Clearinghouse’s Real-Time Payments Network and the Federal Reserve’s FedNow Network are poised to eventually work towards interoperability, but for now, the value of doing so is minimal. The Real-Time Payments (RTP) Network has completed 750 million transactions since its launch in 2017, but the network’s growth won’t begin until 2021, Jim Colasano said. (…)