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RTP® and FedNow Transaction Limit Increases Fuel Instant Payments Surge

Fintech Finance

New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.

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Examining the PSR’s APP fraud reimbursement cap change

The Payments Association

The Payment Systems Regulator’s decision to lower the cap for APP fraud reimbursements to £85,000. The Payment Systems Regulator (PSR) recently announced a significant change to the cap for authorised push payment (APP) fraud reimbursements. Cath expresses several criticisms of the proposed changes to the APP fraud reimbursement cap.

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How to Choose a Payment Solution That Scales with You

Stax

From handling spikes in transactions to supporting subscriptions, omnichannel sales, and new markets, your payment processor should make expansion easier. Look for red flags that signal limits. Volume caps, poor integrations, manual reconciliation, and clunky mobile checkout are all signs your current system wont scale with you.

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YouTrip Quadruples Wallet Size to S$20K, Spending Limit Now S$100K

Fintech News

YouTrip users can now hold up to S$20,000 in their wallets, a significant jump from the previous S$5,000 limit, and have access to an annual spending limit of S$100,000, previously capped at S$30,000. Alongside the increased limits, YouTrip has also introduced several anti-scam measures.

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PSR confirms APP scam protection updates and consults on high-value fraud cap

Neopay

Alongside this announcement, the PSR has also published a consultation on high-value APP fraud cases, focusing on reviewing and possibly revising the reimbursement cap for victims of APP scams. This issue is key in demonstrating why stronger protections beyond transaction limits are necessary.

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RedCompass Labs Reveals 8 in 10 US Banks are Happy With RTP and FedNow Instant Payments Limits

The Fintech Times

Instant payments are becoming significantly more attractive for US banks finds RedCompass Labs , the payments experts, as it finds that 84 per cent of US banks say the new $10million Real-Time Payment (RTP) network limit and $500,000 FedNow cap are a good thing.

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Major Retailers Brace For Gift Card Fraud

PYMNTS

With the new policies, changes include lowering the transaction limits on the sale of store-branded gift cards. At the same time, the changes also dictate that store-branded gift cards can’t be redeemed for other gift cards and place a cap on the amount of money that can be added to the cards.