New on FedPayments Improvement

Learn How to Leverage Payment Security Resources and the Fed’s Next Steps to Support Payment Security!

Want to learn more about payment security for the most common payment types? Or where to go to understand fraud trends?

Join us for a webinar highlighting the industry’s use of the recently published Payment Lifecycles and Security Profiles. These valuable online resources outline the payment lifecycles, security characteristics and relevant laws and regulations by payment type. You also will hear about the industry’s application of the Information Sharing Data Sources published last fall, which highlight broad-reaching intelligence reports, payments fraud trends, best practices, benchmarks and additional resources that can help your organization address payments fraud risk.

Your industry colleagues, former Secure Payments Task Force participants, will discuss how they have used these resources within their organizations and provide insights to help the industry continue to leverage this information. You also will learn about the Federal Reserve’s latest efforts to support payment security, including an in-process study on payments fraud.

What: Secure Payments Webinar
When: June 12, 2:00 – 3:00 p.m. CT
Who: All payment industry stakeholders

Register Now

Background:

The Secure Payments Task Force, active from June 2015 to March 2018, provided a forum for stakeholders to advise the Federal Reserve on payment security matters and determine areas of focus for payment security and priorities for action. The task force comprised a coalition of more than 200 payment industry stakeholders who worked collaboratively to address payment security challenges. The task force’s accomplishments included:

  • Identifying security improvement priorities, including payment identity management, data protection and information sharing to help reduce risk and fraud
  • Providing input into the development of security-related faster payments effectiveness criteria
  • Publishing the Information Sharing Data Sources and Payment Lifecycles and Security Profiles on SecurePaymentsTaskForce.org

Learn more about these resources by visiting SecurePaymentsTaskForce.org.

If you have any questions, please email us or connect with us via any of our social media channels listed below.

Get a Seat at the Table – Join the FedPayments Improvement Community

Join 4,000 of your peers by signing up for the FedPayments Improvement Community. As a member of the FedPayments Improvement Community, you will have the opportunity to collaborate and address targeted payment security issues.

U.S. Faster Payments Council Proposed: Industry Encouraged to Review, Comment

A draft framework for a faster payments governance organization to be called the U.S. Faster Payments Council is now available for broad industry review and feedback. The goal of the proposed U.S. Faster Payments Council is a ubiquitous, world-class system … Continue reading

Progress Report Now Available: Review Accomplishments and Look Ahead to Future Plans

Today, we are excited to announce the release of our Spring Progress Report (PDF), which outlines the important work we’ve completed and next steps toward achieving better, safer, faster payments for everyone. As you’ll see in the Spring Progress Report, … Continue reading

Coming Soon: Draft Faster Payments Framework for Stakeholder Feedback

A framework to help drive the industry toward ubiquitous faster payments is about to make its debut. In its final report published last July, the former Faster Payments Task Force identified establishment of this industry governance framework as critical to … Continue reading

Federal Reserve to Study Payments Fraud and Security Vulnerabilities

As announced earlier today, the Federal Reserve will begin work this month on a new study that will measure fraud and associated costs in the U.S. payments system and identify the causes and contributing factors to fraud. The study is … Continue reading