Fintech Finance

APRIL 24, 2025

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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Transaction Limits RTP FedNow Instant Payments 84

The Fintech Times

APRIL 27, 2025

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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Finovate

NOVEMBER 14, 2024

Payfinia has launched a new Credit Union Service Organization (CUSO) to help credit unions modernize their payments experience. Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. million in the organization.

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Credit Union Same Day ACH Credit Union Service Organization FedNow 59

The Paypers

APRIL 29, 2025

Findings from RedCompass Labs have indicated that the increasing transaction limits of RTP and FedNow are making instant payments more appealing to banks in the US.

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RTP FedNow Instant Payments Transaction Limits 48

Nanonets

SEPTEMBER 1, 2023

In Accounts Payable, the importance of vendor payment methods often goes unnoticed despite their substantial influence on the overall cash flow, efficiency of the AP team, and profit margins. The US Federal Reserve's new payment rail FedNow can shake up the landscape, offering significant time and cost savings.

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Segpay

JUNE 13, 2024

What is FedNow? Last year, the Federal Reserve launched FedNow, an instant payment service expected to revolutionize the US payment landscape. The Federal Reserve’s goal is to achieve wide adoption of FedNow over time, much like the Fedwire ® Funds Service and FedACH ® Services. No ‘pass-through’ fees.

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FedNow Federal Reserve Real Time Payments Instant Payments 52

Fi911

AUGUST 1, 2023

An innovative payment service has just made its debut in the finance sector. The US Federal Reserve has introduced FedNow ; a new instant payment platform that will facilitate transactions at any given time. This is the inaugural real-time payment system from the US central bank. What is FedNow?

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