FedPayments Improvement Pulse – May 2019

A monthly newsletter for the FedPayments Improvement Community

May Highlights

Watch Reactions to Fraud Definitions Work Group’s First April Meeting

The Fraud Definitions Work Group had their first in-person meeting at the Boston Federal Reserve in April. A video highlighting member reactions and summary of that meeting are now available.

Learn More!

Comment on Potential Modifications to Federal Reserve Financial Services in Support of Enhancements to Same Day ACH

The Federal Reserve Board of Governors published a Federal Register Notice on May 9 requesting public comment on potential modifications to Federal Reserve Financial Services. Check out the press release to learn more about the proposed modifications and how you can comment.

Read the Press Release (Off-site)

Recent Payments Improvement Announcements

ICYMI: Spring Progress Report is Now Live!

Haven’t checked out our recently released Spring Progress Report yet? Read it now (PDF) to find out about our recent accomplishments in making the U.S. payment system faster, safer and more efficient, and to learn about next steps and ways to get involved!

Thank you for Attending our Community Roundtable

On May 7, we hosted a Roundtable at the PAYMENTS 2019 (Off-site) conference for our FedPayments Improvement Community members. Attendees had the opportunity to discuss faster, secure, efficient and international payments with industry colleagues and Fed experts. Thank you to all who joined us to help make the event a success! For information about future roundtables and other ways to get involved, follow us on social media.

Creating a Framework to Address E-Invoicing in the U.S. – A Conversation with Todd Albers of the Federal Reserve Bank of Minneapolis

Payables Place (Off-site) recently chatted with Todd Albers, Senior Payments Consultant at the Federal Reserve Bank of Minneapolis, to talk about the value of a framework to address E-Invoicing in the U.S. Follow their conversation! (Off-site)

“Our Habits Are Slow to Change”: A Discussion on Payments

Check out this recent episode (Off-site) of the Atlanta Fed’s Economy Matters podcast for a discussion with Claire Greene and Nancy Donahue with the Atlanta Fed’s Retail Payments Risk Forum (Off-site).

Your Voice Matters – Stay Engaged

Follow FedPayments Improvement on Social Media

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

ACI User Exchange – June 17-20 (Off-site)
Immediate Payments – Are You Ready for The Shift In Fraud?

NAFCU 52nd Annual Conference and Solutions Expo – June 18 (Off-site)
Strategies to Advance U.S. Payments Safety, Resiliency and Security

Central Bank Payments Conference – June 24-27 (Off-site)
How to Achieve Ubiquity in Instant Payments

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

In The News –

Finextra – May 6, 2019
American FIs prepare for faster payments revolution (Off-site)

PYMNTS.com – May 10, 2019
Fed Seeks Comment On New Operating Hours For Fedwire Funds (Off-site)

APF Online – May 13, 2019
E-Invoicing Hasn’t Broken Through in the U.S., But It Should (Off-site)

Banking CIO Outlook – May 15, 2019
Fast Forward: The Future of Faster Payments is Now (Off-site)

View more articles on our News page on FedPaymentsImprovement.org