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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. This is a major milestone as it progresses the industry toward electronic business-to-business payments and straight-through processing.

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FraudClassifier Model: Helping a Corporate Credit Union Classify Fraud

The FraudClassifier(SM) model helps organizations speak the same language and obtain a holistic picture of fraud involving payments. Learn how Alloya Corporate Federal Credit Union is using the model with their existing fraud tracking approaches.

Community Spotlight Eric Dunn
Eric Dunn: Future-Proofing Financial Services

Eric Dunn is the CEO of Quicken and among the company’s longest-tenured employees. Like other longstanding fintech companies, Quicken’s software evolved alongside a changing world of technology.

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Our diverse Community is working together to improve the U.S. payment system. As a member, you’ll receive exclusive communications, event invites, engagement opportunities with Federal Reserve and industry leaders, and opportunities to provide feedback on payments improvement initiatives. Become a member today and connect with our Community of more than 10,000 members across the United States!

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The Federal Reserve regularly hosts live and virtual events to discuss payment system improvements with diverse stakeholders from across the country. From webinars to roundtables to speaking engagements, our collaborative approach is key to implementing lasting strategic improvements to the U.S. payment system. Find out more about upcoming Fed events and how you can register.

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Learn More About the Federal Reserve’s Strategies for Improving the U.S. Payment System

Check out these resources to learn more about the Federal Reserve’s payments improvement journey.

Strategies for Improving the U.S. Payment System

Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey

Payment System Improvement – Public Consultation Paper