FXC Intelligence

Real-time payments is becoming increasingly important to global payment infrastructure – and the US is no exception. While initial adoption was slow, the Real-Time Payments (RTP) network from The Clearing House is now seeing accelerating growth. In a recent conversation with our CEO Daniel Webber, David Watson (President and CEO, The Clearing House) and Thomas Warsop (CEO, ACI Worldwide) discussed RTP’s journey so far, the wider growth of real-time payments internationally and what comes next. Key takeaways: ? RTP handled 343m transactions worth $256bn in 2024, up from 172m and $75.7bn in 2022. ? Use cases seeing traction include P2P, B2C disbursements, “me-to-me” transfers and earned wage access. ? The send cap was recently raised to $10m, with major institutions already taking advantage. ? RTP is exploring cross-border expansion via bilateral and “OLO” (one-leg-out) arrangements. ? Interoperability with systems like FedNow – currently seen as complementary – is on the long-term agenda. ? Real-time payments are projected to contribute $286bn to global GDP by 2028 (ACI Worldwide). Read the full piece: https://lnkd.in/eaPuBh4b #RealTimePayments #PaymentsInnovation #RTP #FedNow #DigitalPayments #CrossBorderPayments #Fintech #FXCIntelligence

Point Zero Forum in Zurich, Switzerland is fast approaching. We're pleased to once again be a partner for the event and looking forward to meeting many of you in person at the conference – reach out to Daniel Webber if you are attending. Hosted by?Global Finance & Technology Network, this is a must-attend gathering for all things payments policy. This year will see a particular focus on geopolitics, macroeconomics and trade – and their impact on the world of finance. If you are thinking of attending Point Zero Forum, you can get 30% off your Industry Pass with the code PZF25-PTNR-30DISC07, automatically applied through this link: https://lnkd.in/eDSjk8Tp #PointZeroForum #PZF2025 #PaymentsConference

Real-time payments is taking off around the world, with growing adoption and strong use cases driving momentum in many markets, including the US where The Clearing House RTP network has seen significant recent growth. I had the pleasure of chatting recently with David Watson CEO and President of The Clearing House, and Thomas Warsop CEO of ACI Worldwide to explore how the US is finding its own path forward. The RTP network is seeing rising volumes and increasing value, with impactful use cases emerging across C2C, B2B and B2C payments and beyond. Both leaders shared their insights on the next stage for real-time payments – from higher transaction caps to cross-border interoperability – and how the infrastructure is maturing to support future growth. Plenty of learnings for the global payments industry. Read the full report here: https://lnkd.in/eT8V6E-x #Payments #RealTimePayments #Fintech #Banking #CrossBorderPayments #RTP

We would like to welcome Hugh to the FXC Intelligence team ?? Hugh joined us last month as a Data Scientist in the Global Indices and Cards team. Swipe through to see what Hugh had to say about why he joined FXC #ProudToBeFXC

?? Coming up in tomorrow's newsletter ?? Sign up to our mailing list here ?? https://lnkd.in/e_3sj_YZ Below is a preview of the content you don’t want to miss this week. ?? Make sure to check your inbox at 2pm for in-depth articles, exclusive insights and much more. ?? Stay up to speed on the global payments industry with our free weekly cross-border payments insights. #FXCIntelligence #FintechNews #Newsletter #FinancialServices #Payments #CrossBorderPayments #Finance #FXCNewsletter

The cross-border payments landscape continues to evolve, with new players surpassing the $1bn revenue milestone. In 2024, Remitly and Corpay’s Corporate Payments segment joined the ranks of $1bn+ revenue companies, while Payoneer is on track to cross the mark in 2025. Wise, which first reached $1bn+ in FY 2023, reported another strong year in its FY 2024 results (ending 31 March 2024) These companies are growing fast, but their success isn't just about scale—it's about diversification, customer retention, and profitability: ? Expanding beyond core markets: Remitly’s non-US revenues grew while Corpay’s international growth is also accelerating. ? Profitability-driven customer growth: Payoneer is targeting high-value customers, while Remitly is leveraging customer-centric marketing. ? Enhancing services for existing users: Wise and Corpay are adding new account features to boost customer retention. ? Interest income as a revenue driver: Wise and Payoneer have leveraged customer fund retention, but must navigate profitability in lower interest rate environments. With increasing demand for cross-border solutions, these companies are well-positioned to capture more of the market. The challenge now is maintaining profitability while scaling globally. ?? https://lnkd.in/et2rWFDc #CrossBorderPayments #Fintech #B2BPayments #Remittances #DigitalPayments #Wise #Payoneer #Remitly #Corpay

Artificial intelligence is no longer just a talking point in payments – it’s shaping real-world operations. Our latest report,?The State of AI in Payments in 2025, is the most comprehensive we’ve produced on AI to date. Covering everything from generative AI to the rise of agentic AI, it examines how payments players are integrating AI into fraud prevention, transaction optimisation, customer service, and beyond. The findings highlight that while AI adoption is growing, its impact isn’t evenly distributed. Some companies are leading with public-facing AI innovations, while others are keeping their use of AI more discreet. Meanwhile, new trends such as agentic AI are beginning to emerge, hinting at what’s next for the industry. For anyone looking to understand where AI is making a difference in payments – and where it’s headed next – this is a must-read. Access the full report here:?https://lnkd.in/eZgwtinZ #Payments #AI #Fintech #CrossBorderPayments #ArtificialIntelligence

?? Coming up in tomorrow's newsletter ?? Sign up to our mailing list here ?? https://lnkd.in/e_3sj_YZ Below is a preview of the valuable content you don’t want to miss this week. ?? Make sure to check your inbox at 2pm for in-depth articles, exclusive insights and much more. ?? Stay up to speed on the global payments industry with our free weekly cross-border payments insights. #FXCIntelligence #FintechNews #Newsletter #FinancialServices #Payments #CrossBorderPayments #Finance #FXCNewsletter

?? NEW BLOG POST?? In our latest blog, we explore FXC Intelligence’s Tech team, their use of Agile workflows, cutting-edge tools and collaborative culture. Read the blog here: https://lnkd.in/e3M3H-Th #fxcintelligence #ProudToBeFXC #FintechBlog #Workplace #Culture #CrossBorderPayments #FXCBlog

dLocal saw strong growth in 2024, with cross-border payments driving a significant portion of its $746m in revenue. As the company expands into Africa and Asia, it is balancing volume growth with take rate pressures and continued investment in new payment solutions. Key takeaways: ? Total payment volume rose 45% YoY to $26bn, with cross-border transactions growing 67% in Q4. ? Expansion into Africa and Asia contributed 25% of total revenue, with strong performance in Egypt, Argentina, and Mexico. ? Remittances were the fastest-growing segment, up 99% YoY. ? Take rate declined to 2.9% in 2024 due to higher volumes and a shift toward pay-outs. ? dLocal is using AI to enhance efficiency and customer offerings. With 2025 revenue projected to surpass $1bn, dLocal is positioning itself as a key player in emerging market payments. Read more:?https://lnkd.in/eNAbGQdW #Payments #Fintech #CrossBorder #EmergingMarkets #AI #dLocal