Modernizing B2B Payments: The Time for Digitalization is Now
As the payments industry moves rapidly toward digitalization, the Federal Reserve is dedicated to helping businesses embrace B2B payments modernization.
As the payments industry moves rapidly toward digitalization, the Federal Reserve is dedicated to helping businesses embrace B2B payments modernization.
The Federal Reserve’s new payments improvement director, Shonda Clay, discusses the Fed’s continued efforts on advancing the U.S. payment system.
Scott Johnson, vice president and head of product at Western Union Business Solutions, focuses on new ways his customers are doing business to prepare for the future of cross-border payments.
With faster payments, and specifically instant payments being hot topics in the United States and around the world, there is no better time than the present to continue learning about this key area for the future of payments.
Anti-fraud professionals have the opportunity to learn about the FraudClassifier model by reading the March/April issue of Fraud Magazine, published by the Association of Certified Fraud Examiners (ACFE).
The Accredited Standards Organization X9 is looking to catalyze ISO 20022 common data usage in the U.S. market through their ISO 20022 Market Practice Group.
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.
To support the development, testing and adoption of the FedNow(SM) Service, the Federal Reserve has announced industry participants in the FedNow Pilot Program.
Despite a tumultuous year, progress and innovation in the payments industry persists. According to the 2nd annual Faster Payments Barometer, nearly 4 in 5 respondents are either accelerating or maintaining faster payments implementation plans.
Rapid acceleration is underway in the digital payments space. Rachel Siegel, officer at The Pew Charitable Trusts, is working to help ensure equal access to financial services.