RTP’s Instant Payment Volume Nearly Doubled in 2024
The Clearing House’s RTP network saw the total value of its processed instant payments nearly double in 2024. Payments on the RTP network reached $246 billion in 2024, an increase of 94% from the previous year. While transaction volume grew at a slower pace, by 38%, it was still strong enough to push the network’s […]
How Criminals Are Circumventing Apple’s Fraud Protections for iPhone
Criminals have found a workaround that allows them to bypass the robust phishing protections that Apple has built into iOS, according to BleepingComputer. The operating system will automatically disable links in text messages that come from unknown numbers. However, if an iPhone user replies to a message, Apple’s tech reenables the links under the assumption […]
The Power of Real-Time Payments on a Global Scale
The United States employs multiple real-time payment schemes; however, unlike those in many emerging markets, these methods are not driven by a central government or central bank. In the absence of a centralized entity to organize payment processes, other stakeholders must take the lead in enabling instant, cross-border transactions. In a recent PaymentsJournal podcast, Alex […]