Starting in summer 2025, FedNow Service participants will have access to new account activity threshold functionality, which will allow participants to define value and velocity thresholds by customer segment to fit their unique business needs and risk tolerance. The new risk mitigation features will take effect alongside a FedNow Service transaction limit increase from $500,000 to $1 million.

With the account activity threshold, participants can bolster risk management efforts based on different scenarios. For example, a financial institution might set a higher cumulative threshold for business customers, while setting a lower threshold for new account holders.

Financial institutions configured to send on the FedNow Service can choose to utilize up to the maximum $1 million transaction limit to send higher-value credit transfers, such as business-to-business supplier payments, real estate transactions and payroll account funding. The default transaction limit remains at $100,000.

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