FedPayments Improvement Pulse – June, 2018

A monthly newsletter for the FedPayments Improvement Community

June’s Highlights

Register for the FedPayments Improvement Community Forum

The Forum will be hosted in downtown Chicago at the JW Marriott on October 3 – 4, and is your opportunity to collaborate and provide feedback on the latest payment system improvement initiatives.
LEARN MORE (Off-site)

On-Demand Webinar: Secure Payments Resources and Next Steps

Learn more about resources that can be used to enhance payments security, the Federal Reserve’s next steps in addressing payments security and opportunities to get involved by viewing our secure payments webinar.
WATCH NOW (Off-site)

Recent Payment Improvement Announcements

Thank you for your Feedback on the Proposed U.S. Faster Payments Council!

Thank you for your feedback on the draft governance framework for the proposed U.S. Faster Payments Council (FPC). We received an exceptional response from payments stakeholders throughout the 60-day feedback period, which ended June 22. What happens now? The feedback will be analyzed and summarized in a report that will be published later this summer on FedPaymentsImprovement.org – so please stay tuned!

Your Voice Matters – Stay Engaged

Opportunity for Financial Institutions to Prepare for a Cyber- Attack

The Financial Services Information Sharing and Analysis Center (FS-ISAC) (Off-site) is hosting its Cyber-Attack Against Payment Systems (CAPS) exercise this year, and we encourage FS-ISAC members and regulated financial institutions to consider participating. Pervasive vulnerabilities and cyber-attacks are a serious source of risk for today’s financial enterprise, and this two-day table top exercise is a great way to practice and test your cybersecurity procedures. The CAPS exercise will take place October 9-10 and October 16 – 17; more information, including the link to register, can be found on the FS-ISAC website (Off-site).

Update your FedPayments Improvement Community Profile

To help us better engage with you, we ask that you take a minute to tell us about your industry segment, role and which payment system improvement topics are of interest to you. Visit the self-service portal (Off-site) today!

Meet with Federal Reserve Experts at Upcoming Industry Events

Financial Innovation and Payments Summit: July 18-20 (Off-site)

  • Faster Payment Solutions & Customer Engagement

Community Bankers Summit: July 23-25 (Off-site)

Central Bank Payments Conference: July 25-27 (Off-site)

  • What are the Borders of Oversight?
  • How to Handle the Interoperability Issue
  • Should Interchange Fees Be Regulated?
  • What Should Central Banks Do to Prepare for the Future?
  • Initiatives to Facilitate Cross-Border Payments

Payments Ed Forum: Aug. 6-8 (Off-site)

  • What is the Future of the U.S. Payment System?
  • Strategies to Advance U.S. Payment Safety, Resiliency, and Security

Mobile Payments Conference: Aug. 22-24 (Off-site)

  • Mobile Payment Fraud: Picking Your Pocket in the 21st Century
  • Real Time Payment/Faster Payment

Symitar Annual Conference: Aug. 27-30 (Off-site)

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

In The News

National Association of Federally-Insured Credit Unions – June 5, 2018

Fed reps to update NAFCU committee on payments improvements (Off-site)

PYMNTS.com – May 31, 2018

How ISO 20022 Can Boost Interoperability, Intelligence (Off-site)


Visit our industry articles page to see more.