Connect with the Fed at Nacha® Smarter Faster Payments® 2026
Federal Reserve representatives will attend the annual Nacha Smarter Faster Payments conference April 26-29. Discover opportunities to connect and engage.
Account Takeover Fraud: A Persistent Threat
Account Takeover Fraud is prevalent and growing. Learn why this method of fraud continues to be an increasing threat and ways to improve Account Takeover detection and prevention.
Industry Signals are Key to Combating Scams, Check Fraud
In a new podcast, Mike Timoney from Federal Reserve Financial Services discusses helpful educational resources offered by FRFS and the importance of industry information sharing about fraud.
Toolkits Expand with New Insights and Resources on Scams and Check Fraud
Recently expanded toolkits on scams and check fraud mitigation are designed to help the payments industry better identify and fight these prevalent types of fraud.
What’s New With New Account Fraud?
New account fraud, which may occur during digital account openings, is a growing threat that can harm financial institutions and their customers.
Federal Reserve Unveils Two Online Toolkits for Scams and Check Fraud Mitigation
Newly released toolkits on scams and check fraud mitigation support education and increase awareness, enabling the payments industry to better identify and fight these prevalent forms of fraud.
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.
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.
Check Fraud: A Low-Tech and Increasingly Common Crime
The Federal Reserve’s longstanding commitment to combat fraud and build awareness includes providing education on trends and improving the security of all payment types, including check payments.
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.