Fed In The News

The Federal Reserve is often in the news for its thought leadership and work efforts in payments improvement. Here are some of the most recent stories.

2022

• Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’ (Off-site) (PYMNTS.com, 11/3)
• FedNow and the Future of Instant Payments (Off-site) (The Financial Brand, 10/19)
• Fed FraudClassifier Offers Consistent View of Data Across Banks (Off-site) (PYMNTS.com, 10/7)
• As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts (Off-site) (PYMNTS.com, 9/22)
• Fed’s real-time payment system coming as early as May ’23 (Off-site) (Associated Press, 8/29)
• Fed’s Brainard says FedNow launching in 2023 and banks need to get ready (Off-site) (American Banker, 8/29)
• The Fed gives a timeline for FedNow, its payments platform (Off-site) (Axios, 8/29)
• Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands (Off-site) (PYMNTS.com, 7/27)
• 5 ways AI is detecting and preventing identity fraud (Off-site) (VentureBeat, 7/20)
• American Anxieties Amplify Value of Instant Payments (Off-site) (PYMNTS.com, 7/1)
• Fighting Fake Identities (Off-site) (Fraud Magazine, 6/30)
• The Business Payments Coalition: A B2B Invoicing Standard (Off-site) (IOFM, 6/24)
• FedNow Will Propel Real-Time Payments Into the Banking Mainstream (Off-site) (The Financial Brand, 6/15)
• More Crooks Tapping ‘Synthetic Identity Fraud’ to Commit Financial Crimes (Off-site) (PC Mag, 6/8)
• What U.S. Banks Need to Know About FedNow (Off-site) (Digital Transactions, 6/1)
• FedNow Pilot Brings New Features, Use Cases for Instant Payments in ’23 and Beyond (Off-site) (PYMNTS, 5/23)
• FedNow Will Let Banks Delay Instant Payments to Prevent Fraud (Off-site) (PYMNTS, 5/20)
• Consumers Are Wary of Fraud, But Faster Payments Retains Its Allure for Multiple Applications (Off-site) (Digital Transactions, 5/17)
• We all want faster payments: Federal Reserve Banks survey (Off-site) (Crowdfund Insider, 5/16)
• Consumers Are Wary of Fraud, But Faster Payments Retains Its Allure for Multiple Applications (Off-site) (Digital Transactions, 5/17
• Real Time Payments on the Way to Becoming ‘Commonplace’ with FedNow Pilot (Off-site) (PYMNTS, 5/3)
• The Federal Reserve Begins Piloting Its FedNow Real Time Payments Service (Off-site) (Digital Transactions, 5/2)
• The Fed is looking to speed up payments (Off-site) (Axios, 4/21)
• ACH Improvements, FedNow Represent Future of Electronic Payments (Off-site) (Bloomberg Tax, 3/23)
• More Than 70 Organizations Showcase Instant Payments Solutions for FedNow Service Implementation (Off-site) (Global Fintech Series 3/10)
• Synthetic ID Fraud: How a Toolkit Will Help Banks (Off-site) (Gov Info Security, 3/3)
• A deep-dive into FedNow: The big push to real-time (Off-site) (American Banker, 2/10)
• Fed Releases Synthetic ID Fraud Mitigation Toolkit (Off-site) (ABA Banking Journal, 2/9)
• Fed releases toolkit to help banks combat synthetic identity fraud (Off-site) (Finextra, 2/9)
• Now is the time to prepare for the FedNow launch (Off-site) (Independent Banker, 2/1)

Archive