Industry Signals are Key to Combating Scams, Check Fraud
In a new podcast, Mike Timoney from Federal Reserve Financial Services discusses helpful educational resources offered by FRFS and the importance of industry information sharing about fraud.
From Insight to Action: Classifying ACH and Wire Fraud for Better Defenses Against Business Email Compromise
Business email compromise (BEC) is a leading cause of fraudulent ACH and wire transfers from business deposit accounts, but financial institutions and businesses have ways to combat it.
Federal Reserve Seeks Comment to Address Future of Check Services
The Board of Governors of the Federal Reserve System has issued a request for information on the current and future use of Federal Reserve Financial Services Check Services.
U.S. Faster Payments Council Study Highlights Instant Payment Adoption Drivers and Opportunities
A study of U.S.-based third-party enablers to financial institutions signals that instant payments are continuing to reach new heights due to interest in a widening and diversifying set of use cases for these types of transactions.
Pioneering the Future: Highlights from Fall 2025 Payments Conferences
This fall, the Federal Reserve engaged with the industry on innovations and trends that are transforming payments.
Digital Defenders: Leveraging Risk Signals to Help Combat Fraud and Scams
The payments industry is beginning to go beyond traditional fraud and scams detection methods by combining more advanced digital risk signals and verification methods.
Around the Fed, Cross-Border Payments, Event Summaries, Faster Payments, Payments Efficiency, Payments Security
Trends, Technologies and Innovations: 2025 Chicago Payments Symposium
The Chicago Payments Symposium celebrated its 25th year in October with two days of in-person and virtual insights about payments ecosystem trends, technologies and innovations.
Toolkits Expand with New Insights and Resources on Scams and Check Fraud
Recently expanded toolkits on scams and check fraud mitigation are designed to help the payments industry better identify and fight these prevalent types of fraud.
Financial Institutions Can Use Instant Payments to Attract Customers, Improve Satisfaction and Lower Risk of Attrition
A new study from Federal Reserve Financial Services explores key benefits driving faster and instant payment adoption and other trends in the consumer payment space.
Evolution of Identity Verification and Fraud Detection
The ways banks confirm your identity have evolved to rely more heavily on digital identity verification – creating opportunities for criminals and incentives to improve security and fraud detection.