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.
What’s New With New Account Fraud?
New account fraud, which may occur during digital account openings, is a growing threat that can harm financial institutions and their customers.
Explore the Future of Payments at Fall Events with the Fed
Join Federal Reserve Financial Services this fall at upcoming conferences, where industry professionals will be engaging around the momentum for instant and faster payments adoption, fraud trends, payments standards, and more.
On-Demand Webinar Highlights Evolving Fraud Landscape and Anti-Fraud Tools
Hear about the evolving fraud landscape, the Federal Reserve’s payment security initiatives, as well as tools and resources in this on-demand webinar.
Federal Reserve Unveils Two Online Toolkits for Scams and Check Fraud Mitigation
Newly released toolkits on scams and check fraud mitigation support education and increase awareness, enabling the payments industry to better identify and fight these prevalent forms of fraud.
The Federal Reserve’s FraudClassifier Model Marks Five-Year Anniversary
The model’s expanding global adoption represents progress in building a more fraud-aware, resilient and connected payments ecosystem.
Federal Bank Regulatory Agencies Seek Comment to Address Payments and Check Fraud
Three bank regulatory agencies request comment on potential actions to help mitigate risk of payments and check fraud.
User Insights: Strengthening Scam Mitigation with the ScamClassifier Model
One year in, user feedback shows the ScamClassifier(SM) model is a powerful tool for fraud prevention across the payments ecosystem, driving targeted detection, better internal education and smarter scam response.