April 2022 Pulse Newsletter


fingerprint identified
Expanding the Synthetic Identity Fraud Mitigation Toolkit

The Federal Reserve published two new modules in its Synthetic Identity Fraud Mitigation Toolkit. This latest release includes additional insights and resources on differentiating real customers from synthetics using identity validation tools and alternative data, and offers a deeper look into identifying synthetics at different stages of an account relationship.

digital currency
Federal Reserve Explores Central Bank Digital Currency

Central banks around the world, including the Federal Reserve, are exploring the potential for central bank digital currency (CBDC), a digital liability of a central bank that is widely available to the general public. Learn about the Fed’s efforts, including a public comment period on a recently released paper from the Federal Reserve Board which is currently open through May 20, 2022.

Payments Improvement News and Announcements

New Guide Provides Clarity on Use of ISO® 20022 Remittance Information

Accredited Standards Committee (ASC) X9’s ISO 20022 Market Practices Forum released the ISO 20022 Remittance Content Market Guide to clarify what ISO 20022 remittance information to use with business-to-business (B2B) payments. Learn what’s included in the guide, why it matters and how this guide will further advance straight-through processing for B2B payments.

The FraudClassifierSM Model in Action: Alloya Corporate Federal Credit Union

The FraudClassifier model helps organizations speak the same language and obtain a holistic picture of fraud involving payments. Learn how Alloya Corporate Federal Credit Union is using the model with their existing fraud tracking approaches.

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