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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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RTP takes on FedNow

Payments Dive

As the only two real-time payments rails in the U.S., the rivalry between RTP and FedNow could get intense, but maybe not.

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Fraudsters target RTP, FedNow newcomers

Bank Automation

The Clearing House and Federal Reserve publicize the adoption of their payments rails, Real Time Payments and FedNow, by posting on their websites which financial institutions are live on their networks offering something of a roadmap for fraudsters to take advantage of newly onboarded FIs.

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Business clients demand FedNow, RTP capabilities from their banks

Bank Automation

Business clients are demanding instant payment services from their financial services providers as they look to streamline payment processes.

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U.S. Faster Payments Council Shares Results from 2025 Faster Payments Barometer

Fintech Finance

Faster Payments Council (FPC), in collaboration with Volante Technologies , today released results from the 2025 Faster Payments Barometer, the latest in its series of comprehensive studies analyzing the adoption, trends, and perceptions surrounding faster payments in the U.S.

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FedNow zooms past RTP participation in inaugural year

Payments Dive

The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations, although a few major banks are holdouts.

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FedNow payment value grows 140% QoQ to $43B

Bank Automation

The Federal Reserves instant payments network, FedNow, is gaining ground on The Clearing Houses Real Time Payments network and has added more FIs to its network than RTP since its launch in 2017. I think […] The post FedNow payment value grows 140% QoQ to $43B appeared first on Bank Automation News.

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