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.
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.
Around the Fed: Perspectives on Payments and Technology
Explore recent articles that highlight trends, examine relevant studies and provide perspectives on how current and emerging technologies may alter the payments landscape.
Powering Electronic B2B Payments: Equinor and the Exchange Framework
In the second installment of the Exchange Framework Profile Series, Marcos Martinez of Equinor discusses how the e-invoice exchange framework can help automate and strengthen domestic operations to align with the digitalization of other markets.
Microsoft on Improving the Customer Experience with the Exchange Framework
As a member of the Business Payments Coalition’s E-invoice Exchange Market Pilot, Microsoft is on the front lines helping to test the e-invoice exchange framework. Hear from Jayna Bundy on how the exchange framework will help improve the future of the B2B payments ecosystem.
Study: Businesses Increasingly Want to Use Faster Payments for Day-to-Day Operations
Federal Reserve survey reveals that businesses continue to show strong interest in using faster payments for a variety of transactions.
Fighting Synthetic Identities: Further Collaboration with ACFE
The July/August issue of Fraud Magazine, published by the Association of Certified Fraud Examiners (ACFE), features an article co-authored by experts from Federal Reserve Financial Services on how to more effectively fight synthetic identities used for fraud involving payments.
Payment Account Information with Invoices: What It Is and Why It Matters
As business-to-business (B2B) payment processes modernize, the ability to securely send this electronic payment information with an electronic invoice (e-invoice) will be a key enabler of efficient electronic payments. Learn about the benefits of including payment account information with e-invoices and new developments to help drive migration from check to electronic payments.