The Clearing House today announced an increase in the general transaction value limit for payments made on the Real-Time Payments Network. Effective Feb. 1, the new transaction limit will be set at $100,000. Depository institutions on the RTP network will be required to accept payments up to $100,000, however, individual participants may choose to set a lower value limit for payments they originate.
FTC seeks to enforce business disclosure of personalized pricing
Businesses that fail to disclose that they use consumer data to set personalized prices for goods or services are likely engaging in deception or unfairness and can expect the Federal Trade Commission to pursue enforcement actions, according to...








