Payments Landscape Series: Setting and Adopting Standards
Standards provide a foundational layer for advancing payment security, efficiency and accessibility. Learn more about setting and adopting industry standards.
Payments Landscape Series: Frictions in B2B Payments
Addressing B2B payment inefficiencies will help businesses improve their cash flows, reduce payment risks and provide better payment-related data. Learn more about the challenges and benefits of electronic B2B payment adoption.
Payments Landscape Series: The Evolving Consumer Experience
The evolving consumer experience has led to higher usage of mobile phones, wallets, apps and P2P networks for payments, offering greater choice and speed – but creating a more fragmented payments landscape.
Engagement in Action: FraudClassifier Model Receives Positive Industry Reception
Tim Boike, Vice President, Federal Reserve Bank of Chicago, provides updates on the Fed’s collaborative efforts with the payments industry on the FraudClassifier model.
Celebrating Five Years of Progress on the Path to Payments Improvement
This January marked the five year anniversary of the release of the Strategies for Improving the U.S. Payment System (PDF) paper. Developed in consultation with industry stakeholders, the paper established our collaborative initiative to improve the payment system and has underpinned many of the Federal Reserve’s efforts to date.
Payments Trends and Takeaways from Money20/20
By Tim Boike, Vice President, Industry Relations Four short days. More than 11,000 attendees, 3,500 organizations and 500+ speakers from the payments, fintech and financial services sectors. Plus, a Federal Reserve exhibit booth in the middle of it all. Yes – it’s the Money20/20 USA conference (Off-site) – a major …
Q&A With Ken Montgomery, Our New FedNowSM Service Program Executive
As announced in August, the Federal Reserve is developing a new, round-the-clock real-time payment and settlement service to support faster payments in the United States. Leading this important initiative is Federal Reserve veteran Ken Montgomery. Two weeks into his new job, Ken shares his thoughts about the path ahead. Why …
A Fresh New Look and Focus
Welcome to our new website! Bringing you the latest in payments improvement news and perspectives, this website serves as a hub for our ongoing commitment to collaborate with you – and realize our collective vision for the future. Our Journey to Get Here When the Federal Reserve kicked off its …