Experts from the Federal Reserve System engaged with the payments industry during key conferences and webinars this spring. Explore highlights from their sessions.
The Federal Reserve, and specifically, Federal Reserve Financial Services (FRFS), is engaging with the payments industry at this spring’s conferences and webinars.
Payments leaders gathered in person and virtually at the annual Chicago Payments Symposium to discuss industry trends, innovations and ways to better serve customers.
The annual Chicago Payments Symposium focused on “Activating Next Gen Use Cases,” including global innovations in faster and instant payments, digital currency, new financial technologies and the importance of financial inclusion.
The recent U.S. Faster Payments Council (FPC) Spring Conference offered an opportunity to hear from industry leaders about key developments in areas such as interoperability, fraud prevention and use case trends. A highlight of this virtual event was a discussion with Nick Stanescu, senior vice president and FedNow business executive and Steve Ledford, The Clearing House’s senior vice president for product and strategy.
Payments industry stakeholders attending the April 20 Nacha Payments 2020 Remote Connect virtual event received an update on the FedNow Service, the Federal Reserve’s instant payment solution.
The Federal Reserve-led Fraud Definitions Work Group has completed its work on a new fraud classification model that enables all payments stakeholders to classify fraud in a simple and similar manner. Their work was previewed at a virtual event held by Nacha this week, and will be published this spring.
The Fraud Definitions Work Group convened for its final in-person meeting at the Federal Reserve Bank of Atlanta on Jan. 29 and 30.
Collaboration with payments industry stakeholders continues to be one of the five key tenets of the Federal Reserve’s payments improvement initiatives and a vital component of achieving safe, ubiquitous and faster payments in the United States. Most recently, our collaboration occurred through a series of FedPayments Improvement roundtable sessions during …
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 …