Highlights
Federal Reserve Survey Shows Rising Consumer Demand for Faster Payments
Faster payment services have become a way of life for many consumers, and more than six in 10 say they plan to use faster payments even more in the future, according to a recent survey by the Federal Reserve Banks.
Mitigating Synthetic Identity Fraud with Technology, Data and Information Sharing
The most recent additions to the Federal Reserve’s Synthetic Identity Fraud Mitigation Toolkit offer new information about fraud detection technology, data sharing and the value of fraud information sharing within the industry to help fight synthetic identity fraud.
Payments Improvement News and Announcements
E-Invoice Exchange Market Pilot Begins Onboarding Participants in Waves
The E-invoice Exchange Market Pilot has reached a major achievement – the first of three onboarding waves – where participants have started exchanging electronic invoices using the framework. Learn more about this major milestone and progress toward electronic business-to-business payments and straight-through processing.
Eric Dunn: Future-Proofing Financial Services
Eric Dunn is the CEO of Quicken and among the company’s longest-tenured employees. Like many in financial services, their approaches are evolving alongside a world of rapidly changing needs and technology, including the increased demand for faster and instant payments. Read more in a recent community spotlight.
Your Voice Matters – Stay Engaged
Connect with the Federal Reserve
Find us on LinkedIn (Off-site), Twitter (Off-site) and YouTube (Off-site) for the latest news, initiatives and opportunities to engage!
View more articles on our News page on FedPaymentsImprovement.org
Hear from the Federal Reserve at Upcoming Events
RSA Conference 2022 – June 8
NICE Actimize ENGAGE 2022 LIVE – June 8
BAFT 2022 Global Payments Conference – June 8 – 9
Central Bank Payments Conference 2022 – June 27 – 29
Top Headlines in Payments
Real Time Payments on the Way to Becoming ‘Commonplace’ with FedNow Pilot (Off-site)
PYMNTS.com – 5/3/22
The Federal Reserve Begins Piloting Its FedNow Real Time Payments Service (Off-site)
Digital Transactions – 5/2/22
The Fed is looking to speed up payments (Off-site)
Axios – 4/21/22
View more articles on our News page on FedPaymentsImprovement.org
“FedNow” is a service mark of the Federal Reserve Banks. A list of marks related to financial services products that are offered to financial institutions by the Federal Reserve Banks is available at FRBservices.org®.