FedPayments Improvement Pulse – February 2019

A monthly newsletter for the FedPayments Improvement Community

February Highlights

Join the Fraud Definitions Community Interest Group to stay engaged!

Are you interested in staying informed and providing input on efforts to create recommended ACH, wire and check fraud definitions? Join the Community Interest Group today to receive updates on the work group’s progress and be notified of feedback opportunities. You can join by updating your FedPayments Improvement Community profile and selecting “ACH, Wire and Check Fraud Definitions” as a topic of interest.
JOIN TODAY!

Find Federal Reserve Experts at Industry Events

Federal Reserve payments experts are traveling the country to present on payments improvement initiatives at industry conferences. Visit the Industry Events page on FedPaymentsImprovement.org to learn where to find them!
LOCATE FEDERAL RESERVE SPEAKERS (Off-site)

Recent Payment Improvement Announcements

Reminder: The new Business Payments Coalition website is live!

The new Business Payments Coalition website (Off-site) is live with the information you need. Take a look to learn about the Business Payments Coalition, efficiency efforts, events, the Small Business Payments Toolkit and information on how to connect. Visit the site today (Off-site) and tell them what you think! Interested in joining the Business Payments Coalition? Register now!

A New You: Synthetic Identity Fraud

Staying informed about synthetic identity fraud tactics and taking steps to protect yourself can help you get one step closer to (preventing) “a new you.” Check out the Federal Reserve Bank of Atlanta’s blog (Off-site) to learn more! Also, stay turned for future updates from the Federal Reserve, as we are currently conducting research on synthetic identity fraud.

Your Voice Matters – Stay Engaged

Thank you for expressing your interest in the Fraud Definitions Work Group

The expression of interest period for the Fraud Definitions Work Group closed on February 14. Thank you to all who took the time to complete the form. We are reviewing the submissions and will select work group members to ensure diversity of thought and strong expertise across the many needed disciplines. We look forward to sharing which individuals will be a part of the work group in March of this year.

Survey on e-Invoicing Practices and Requirements in the U.S.

The Business Payments Coalition has issued an anonymous survey for procurement, accounting and financial professionals to help identify the business practices and requirements for electronic invoicing. Complete the survey (Off-site) to help drive the development of an e-Invoice Semantic Model (Off-site) for the U.S. market.

Follow FedPayments Improvement on Social Media

Want to stay up to date on all of our exciting initiatives and engagement opportunities? Follow us on Twitter (Off-site) and LinkedIn! (Off-site)

Meet with Federal Reserve Experts at Upcoming Industry Events

CUNA Governmental Affairs Conference: March 10-14
Payments and Cybersecurity Issues for 2019 and Beyond

Secure Technology Alliance Annual Payments Summit: March 11-14
Faster Payments Solutions Roundtable

MRC Vegas: March 19
Why Should Merchants Care about Faster Payments?

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

In The News –

PYMNTS – January 31, 2019
Fighting Fraud In A Faster Payments Landscape

PaymentsJournal – February 5, 2019
Fast and Slow Versions of ACH See Solid Growth

Federal Reserve Bank of Boston – February 6, 2019
Beyond Theory: Getting Practical With Blockchain

Digital Transactions – February 11, 2019
Many Consumers Report P2P Funds Availability Takes a Day or More

View more articles on our News page on FedPaymentsImprovement.org