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.
Federal Reserve Explores Central Bank Digital Currency
Central banks around the world, including the Federal Reserve, are exploring the potential for central bank digital currency (CBDC), a digital liability of a central bank that is widely available to the general public.
Fighting Fraud with the FraudClassifier Model
Watch a new video for a comprehensive overview of the model, including a step-by-step walk-through of its classification paths and supporting definitions.
Become a FedPayments Improvement Community Member!
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!
Attend Our Events and Speaking Engagements
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