A monthly newsletter for the FedPayments Improvement Community
Express Interest in the Fed’s Fraud Definitions Work Group
The Federal Reserve is seeking payments industry leaders with specific expertise to participate in a collaborative work effort to create recommended ACH, wire and check fraud definitions. We are accepting expressions of interest from qualified individuals through February 14.
Now Live! Introducing the New Business Payments Coalition Website
The new Business Payments Coalition website (Off-site) is live with the information you need. Take a look to discover who the Business Payments Coalition is, efficiency efforts, the Small Business Payments Toolkit, events where you’ll find all the latest happenings and information on how to connect. Visit the site today and tell them what you think! Interested in joining the Business Payments Coalition? Register now (Off-site)!
VISIT TODAY (Off-site)
Recent Payment Improvement Announcements
Webinar – Fraud Definitions Work Group and Community Interest Group
Want to learn more about the recently announced Federal Reserve initiative focused on improving data quality and consistency for ACH, wire and check fraud? Watch the Fraud Definitions Work Group and Community Interest Group webinar (Off-site) today!
2018 Federal Reserve Payments Study Supplement Shows Accelerated Electronic Payments Growth
The Federal Reserve Payments Study (FRPS) brief provides data on core noncash payment types and systems that support everyday payments by U.S. consumers and businesses. To review the full Payments Study, including charts and data tables, visit the Payment Research (Off-site) page on the Board of Governors website.
Your Voice Matters – Stay Engaged
Join the Fraud Definitions Community Interest Group
The Fraud Definitions Community Interest Group is open to industry stakeholders interested in following and consulting on Fraud Definitions Work Group deliverables. Specifically, this Community Interest Group will receive regular updates on the Fraud Definitions Work Group’s progress and be notified of opportunities to provide feedback on work group deliverables. You can join the Fraud Definitions Community Interest Group by submitting or updating your FedPayments Improvement Community profile and selecting “ACH, Wire and Check Fraud Definitions” as a topic of interest.
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
Meet with Federal Reserve Experts at Upcoming Industry Events
Women in Payments: February 2 (Off-site)
Getting to Real-Time Payments in the U.S. – The Countdown to 2020
Secure Technology Alliance Annual Payments Summit: March 11-14 (Off-site)
Faster Payments Solutions Roundtable
MRC Vegas: March 19 (Off-site)
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 –
MultichannelMerchant – January 7, 2019
Omnichannel Retail 2019: Why Mobile Payments Will Become Table Stakes (Off-site)
PYMNTS.com – January 9, 2019
Faster Payments, Open Banking Should Keep Treasurers on High Alerts (Off-site)
Finextra – January 15, 2019
US Faster Payments Council names interim leadership (Off-site)