Investment
Features
FeesSafety
Academy
More
Pluang+

Corporate RTP transactions surge 48%, with $1M+ payments up 351% after limit hike

Market News
29 Sep 2026
PRNewsWire
View Source
Bullish
Corporate RTP transactions surge 48%, with $1M+ payments up 351% after limit hike

Bank of America's corporate clients are increasingly using the RTP network for faster, higher-value payments, with transaction volume rising 48% and payments over $1 million jumping 351% since the RTP limit increased from $1 million to $10 million in February 2025. This growth reflects a shift toward real-time payments for liquidity management, intercompany transfers, and time-sensitive business payments, enabled by RTP's 24/7 availability. The expanded limit allows treasury teams to move funds more flexibly, improving cash positioning and operational efficiency. Bank of America continues to invest in real-time payment solutions, including cross-border capabilities, to meet growing corporate demand for speed, transparency, and control in payments.

Bank of America Corp shares are trading at USD 55.72 on Pluang as of Sep 29, 2026 19:11 WIB, showing a modest 0.45% gain for the day. The stock's market cap stands at $387.89 billion, reflecting its significant presence in the financial sector. Despite strong corporate client adoption of RTP for large payments, Pluang order activity indicates a predominantly selling sentiment with 92% of orders as Sell.

More News (BAC)

Morgan Stanley upgrades Cullen/Frost Bankers with strong institutional buying and a $201 price target.

Morgan Stanley upgrades Cullen/Frost Bankers with strong institutional buying and a $201 price target.

Morgan Stanley reaffirmed an "Overweight" rating on Cullen/Frost Bankers, Inc., raising its price target to $201, signaling confidence in the bank's prospects. Major institutional investors like State Street Corp and BlackRock have increased or initi...

Analyst Insights
Bullish
23 hours ago
Bank of America launches AskGPS Intelligence Hub to boost client treasury insights with AI.

Bank of America launches AskGPS Intelligence Hub to boost client treasury insights with AI.

Bank of America introduced the AskGPS Intelligence Hub, an enhanced AI-powered tool for its Global Payments Solutions employees. This new functionality integrates client, account, and relationship data to provide deeper, actionable treasury insights,...

Market News
Bullish
1 day ago
Top balance transfer credit cards offer up to 21 months 0% APR to help wipe out debt interest-free.

Top balance transfer credit cards offer up to 21 months 0% APR to help wipe out debt interest-free.

Several top balance transfer credit cards now offer up to 21 months of 0% introductory APR on purchases and balance transfers, providing a valuable opportunity for consumers to pay down debt without accruing interest. Cards like the BankAmericard®, C...

Others
Bullish
1 day ago
Westlake stock shows 46% upside with rising institutional stakes and expanded distribution deals.

Westlake stock shows 46% upside with rising institutional stakes and expanded distribution deals.

Westlake, a global chemical and building materials company, has a revised analyst price target indicating a 46.27% potential upside from its current stock price. Institutional investors like Bank of America and others are increasing their holdings, r...

Market News
Bullish
3 days ago
Bank of America raises AMD price target to $720, expects AI demand to boost CPU market growth.

Bank of America raises AMD price target to $720, expects AI demand to boost CPU market growth.

Bank of America analyst Vivek Arya upgraded Advanced Micro Devices' (AMD) price target to $720 by September 2027, anticipating a 14.42% increase from the recent close. The bullish outlook is driven by strong AI-related demand for CPUs and a key infra...

Analyst Insights
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App