Harnessing the Power of ISO® 20022: How Harmonized ISO 20022 Data Requirements are Enhancing Payments
The first article in the series explores some of the global efforts to align implementations and FRFS’ work in building on its initial investment in the standard.
Federal Reserve Releases Account Takeover Fraud Mitigation Toolkit and Enhancements to Existing Toolkits
Federal Reserve launches a new account takeover fraud mitigation toolkit and enhancements to their scams mitigation and check fraud mitigation toolkits.
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.
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.
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.