Highlights
Unmasking a Toolkit: Synthetic Identity Fraud Mitigation
The Federal Reserve just released a new toolkit to provide financial institutions, consumers and businesses with an online repository of insights and resources for addressing the growing threat of synthetic identity fraud. Explore the toolkit’s initial four modules and test your knowledge in identifying synthetic identities.
Benefits of Payment Account Information with Invoices
As business-to-business (B2B) payment processes modernize, the ability to securely send 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.
Payments Improvement News and Announcements
When Fraud Occurs During Authentication: Research Brief Series
The Federal Reserve has published a series of research briefs on remote authentication fraud. Read each of the three briefs to explore risks and challenges, opportunities, and mitigation approaches and recommendations for this type of fraud.
Community Member Spotlight: Jayna Bundy on Modernizing B2B Payments
As a leader in Global Treasury and Financial Services at Microsoft, Jayna Bundy has observed how industry-wide inefficiencies can complicate the delivery of payments solutions in the B2B environment. Check out her spotlight article.
Your Voice Matters – Stay Engaged
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Find us on LinkedIn (Off-site), Twitter (Off-site) and YouTube (Off-site) for the latest news, initiatives and opportunities to engage!
Hear from the Federal Reserve at Upcoming Events
Payments Summit 2022 (Off-site) – March 1
ICBA Live 2022 (Off-site) – March 2
Faster Payments Council 2022 Spring Member Meeting (Off-site) – March 3
ePayConnect 2022 (Off-site) – March 8
American Payroll Association Capital Summit (Off-site) – March 22
FS-ISAC Americas Spring Summit (Off-site) – March 27
Top Headlines in Payments
A deep-dive into FedNow: The big push to real-time (Off-site)
American Banker – 2/10/22
Fed Releases Synthetic ID Fraud Mitigation Toolkit (Off-site)
ABA Banking Journal – 2/9/22
Fed releases toolkit to help banks combat synthetic identity fraud (Off-site)
Finextra – 2/9/22
Now is the time to prepare for the FedNow launch (Off-site)
Independent Banker – 2/1/22
View more articles on our News page on FedPaymentsImprovement.org