Leveraging the ScamClassifier Model for Check Scams
Fraudsters often leverage fraudulent paper checks to help perpetrate scams. Learn how the ScamClassifier(SM) model can assist in identifying the root cause of the fraud that occurred due to a scam.
Around the Fed, Cross-Border Payments, Event Summaries, Faster Payments, Payments Efficiency, Payments Security
Engage with the Federal Reserve at Spring 2025 Events
Mark your calendar to connect with Federal Reserve Financial Services on innovations in payments at industry conferences this spring.
When Synthetic Identities and Artificial Intelligence Collide
The latest addition to the Federal Reserve’s Synthetic Identity Fraud Mitigation Toolkit focuses on how generative artificial intelligence (Gen AI) is leveraged to create realistic-seeming synthetic identities.
Around the Fed, Cross-Border Payments, Event Summaries, Faster Payments, Payments Efficiency, Payments Security
Highlights from 2024 Fall Events
Federal Reserve Financial Services frequently attends industry conferences to engage with the ecosystem on advancing the speed, security and efficiency of payments. Read highlights from key events this fall.
Around the Fed, Cross-Border Payments, Event Summaries, Faster Payments, Payments Efficiency, Payments Security
Security, Adaptability and Innovation: 2024 Chicago Payments Symposium
This year’s event focused on current and evolving trends in innovation, instant payments, global payments, digital currencies, security and information sharing.
Leveraging Two Models to Help Fight Fraud and Scams
The Federal Reserve’s video tutorial explains the connection points between the FraudClassifier(SM) and ScamClassifier(SM) models and how to use them together to analyze incidents.
Around the Fed, Cross-Border Payments, Event Summaries, Faster Payments, Payments Efficiency, Payments Security
Connect with the Fed at Fall Industry Events
Federal Reserve Financial Services is preparing to engage with the payments industry at upcoming fall conferences and events. Learn more about opportunities to connect on timely and innovative payments topics.
Stand up to Scammers with Information Sharing
A new recommendations report encourages the industry to consider creating a solution or establishing an independent information exchange framework for a holistic view of scam intelligence from existing sources across payment rails.
Stomp out Scams with the ScamClassifier Model
A Federal Reserve-led industry work group developed the ScamClassifier(SM) model, a voluntary scam classification structure to categorize different scam types more consistently.
Highlights from 2024 Spring Conferences
Representatives from Federal Reserve Financial Services engaged with payments professionals during industry events this spring. Explore highlights and key takeaways.