Defined Scams to Fight Scams
To better understand and mitigate scams, the Federal Reserve’s scams definition and classification work group has published an operational definition of the term.
Pioneers of Now: Industry Excitement for Instant Payments
The Federal Reserve’s ongoing Pioneers of Now series highlights leaders from organizations that are early adopters of the FedNow® Service.
Sharing Information on Scams to Improve Fraud Mitigation
The Federal Reserve launched a scams information sharing work group. Learn more about the group and its goals.
Exchange Framework Validated for E-remittance Information
The Remittance Delivery Work Group has completed a successful validation phase where they demonstrated it is operationally feasible for an exchange framework to deliver electronic remittance (e-remittance) information for B2B payments. Read the report.
Pioneers of Now: Growing Anticipation for Instant Payments
Financial institutions and service providers are continuing to prepare for the FedNow(SM) Service. The Pioneers of Now series from the Federal Reserve showcases leaders from these organizations with their progress and perspectives on instant payments implementation.
Defining Scams to Improve Fraud Mitigation
The Federal Reserve has established a scams definition and classification work group. Learn about the group and its goals.
Study: Business, Consumer Appetite for Faster Payment Options Grows
According to new Federal Reserve studies, a majority of businesses and consumers are already using faster payments, and most are likely to use them more often in the future.
B2B Payments Experts Launch Digital Business Networks Alliance
Participants of the Business Payments Coalition’s E-invoice Exchange Market Pilot recently formed the Digital Business Networks Alliance as the legal entity overseeing a new electronic exchange network.
Engaging in Innovation: Highlights from Spring Events
Experts from the Federal Reserve System engaged with the payments industry during key conferences and webinars this spring. Explore highlights from their sessions.
Putting Scams Out of Business
Scams have become increasingly prevalent, but there are ways to prevent them and mitigate losses. Read more about how to stay protected from this type of fraudulent activity.