November 2021 Pulse Newsletter

Highlights

Handshake of two businesswomen who enters into the contract to protect cyber security of international company. Padlock Hologram icons over the table with documents.
Fight Fraud with the FraudClassifier Model

The FraudClassifierSM model was released in June 2020 to help organizations speak the same language and obtain a holistic picture of fraud involving payments. 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.

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Preparing for An Instant Payments Journey

In determining how faster payments – and specifically instant payments – may fit into your organization’s payments strategy, consider resources and tools from the Federal Reserve to guide this journey.

Recent Announcements

Breaking New Ground With Electronic Remittance Information

An opportunity exists to progress toward straight-through processing (STP) as primary components for sharing automated remittance information are now achievable. Learn how the business-to-business (B2B) payments ecosystem can take advantage of recent progress toward STP for more efficient payments.

Community Spotlight: Jayna Bundy on Modernizing B2B Payments

As a leader in Global Treasury and Financial Services at Microsoft, Jayna Bundy has observed how industry-wide inefficiencies can complicate the delivery of payments solutions in the business-to-business environment. Learn more in a recent community spotlight.

Your Voice Matters – Stay Engaged

Join FedPayments Improvments on Social Media

Stay up to date on the latest news, initiatives and engagement opportunities — connect with us on LinkedIn (Off-Site) and Twitter (Off-Site)!

Hear from Federal Reserve Experts at Upcoming Events

UMACHA Webinar: Better Fraud Data, Better Defense: FraudClassifier(SM) Model – December 10

Visit our Events page to learn more and reserve time to speak with Federal Reserve experts.

In The News – Top Headlines

Catalyst Corporate – 11/2/21
Are You Moving Forward with a Faster Payments Strategy? (Off-site)

Independent Banker –11/1/21
The race for faster payments is here (Off-site)

Security Magazine – 11/1/21
Defining synthetic identity fraud once and for all (Off-site)

American Banker – 10/28/21
Real-Time Payments in the U.S.: Today, Tomorrow and Beyond (Off-site)

View more articles on our News page.

“FraudClassifier” 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.