New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks. 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. The results suggest larger transaction limits are helping to boost instant payment demand. Nearly half (47%) of US banks now experience overwhelming corporate demand, more than triple the 16% from 2024. Banks are now bracing for a 23% increase in instant payments volumes over the next three years. 12% expect that surge to top 50%. 88% believe that instant payments will directly benefit their bottom lines, with 45% anticipating a major boost. The report also reveals significant concerns around fraud. With adoption on the rise, 85% of banks expect fraud to rise, and 36% predict a sharp uptick. In response, 96% of US banks back the implementation of a ‘confirmation of payee’ scheme to protect against fraud. Other fraud-fighting measures like AI (40%), real-time fraud detection (39%), and multi-factor authentication (35%) are also gaining traction. Other US banks lead instant payments race – 81% of US banks believe they are leading the way on instant payments compared with the rest of the world, with 42% saying it’s a significant lead. Only 4% feel they are behind but have the potential to catch up.