November 2020 Pulse Newsletter

Highlights

Mapping Cross-Border Payments Enhancements

Improving cross-border payments has been a challenging task, but global organizations continue paving the way toward systematic improvements in the space. Read more about the Stage 3 Roadmap, published by the Financial Stability Board, which offers an updated plan – including key actions and milestones – for addressing cross-border payment challenges.

The FraudClassifierSM Model: A Collaborative Journey to Classifying Fraud

Introduced by the Federal Reserve in June, the FraudClassifier model provides an intuitive approach to classifying fraud. Explore our video series to hear from work group members and the Fed team who helped create the model.

Recent Announcements

Community Member Spotlight: Rebeca Romero Rainey

Rebeca Romero Rainey, President and CEO of Independent Community Bankers of America (ICBA), is an advocate for community banks and works to ensure they are equally represented across the industry. Learn more about her extensive banking background and leadership priorities in our latest spotlight.

FraudClassifierSM Model: We Want Your Feedback

The Federal Reserve is seeking feedback on the FraudClassifier model to learn more about how organizations are using – or planning to use – the model. Responses will help advance the Federal Reserve’s collaborative efforts to address the industrywide challenge of inconsistent classifications for fraud involving payments. For those who have already registered for the model, complete the survey now (Off-site). For those who have not, register here.

Your Voice Matters – Stay Engaged

Join FedPayments Improvement on Social Media

Stay up to date on the latest news, initiatives and engagement opportunities — connect with us on Twitter (Off-site) and LinkedIn (Off-site)!

Hear from Federal Reserve Experts at Upcoming Industry Events

EBAday (Off-site) – November 24-26

Visit our Events page to learn more and reserve time to speak with Federal Reserve experts.

In The News – Top Headlines

Digital Privacy News – 11/5/20
Synthetic Identity Fraud is Growing; Federal Reserve Says (Off-site)

BizTech Magazine – 10/28/20
MoneyFest 2020: The Fed Plans to Build an Instant Payment Network by 2024 (Off-site)

View more articles on our News page.