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.

Transaction Limits

Fintech News

OCTOBER 27, 2024

FIs and PSPs must also send real-time alerts for high-risk actions, such as new device logins, contact detail changes, transaction limit increases, and the addition of new payees, allowing consumers to respond swiftly to suspicious activity.

Phishing

The Fintech Times

APRIL 27, 2025

The results, published in a new report, Pushing the Limits: US Instant Payments in 2025, based on responses from 300 senior payments professionals at US banks , suggest larger transaction limits are helping to boost instant payment demand. Surprisingly, earned wage access came in ninth place (29 per cent).

RTP

FICO

APRIL 6, 2020

There are systemic steps that can be taken to protect the payments infrastructure independent of the banks, including: Confirmation of payee. Schemes could look to integrate a “confirmation of payee” service into the real-time payments’ initiation process. Transaction risk analysis. Fair liability model.

Real Time Payments

FICO

NOVEMBER 7, 2022

For the P2P app Zelle specifically, banks recently stated that the vast majority of transactions “had no associated reports of fraud or scams” and that other P2P apps have 3-6x more disputed transactions in comparison. The reality is that the US is reaching a tipping point for P2P scams.

Scams

The Payments Association

JANUARY 14, 2025

Mark O’Keefe (TPA) suggested that allowing customers to customise their security thresholdsfor example, setting transaction limits above which additional verification steps are triggeredcould empower users without compromising safety. “The idea is to eliminate the visibility gap,” she explained.

Fraud Prevention