Synthetic Identity Fraud: Defined It to Fight It
The Federal Reserve convened a cross-industry focus group of 12 fraud experts to develop a recommended definition of synthetic identity fraud.
Modernizing B2B Payments: The Time for Digitalization is Now
As the payments industry moves rapidly toward digitalization, the Federal Reserve is dedicated to helping businesses embrace B2B payments modernization.
Q&A with Shonda Clay, the Federal Reserve’s New Payments Improvement Director
The Federal Reserve’s new payments improvement director, Shonda Clay, discusses the Fed’s continued efforts on advancing the U.S. payment system.
Scott Johnson: Big Picture Opportunities in Cross-Border Payments
Scott Johnson, vice president and head of product at Western Union Business Solutions, focuses on new ways his customers are doing business to prepare for the future of cross-border payments.
It’s Time to Get Ready for Instant Payments
With faster payments, and specifically instant payments being hot topics in the United States and around the world, there is no better time than the present to continue learning about this key area for the future of payments.
Learning to Speak the Same Fraud Language: A Collaboration with ACFE
Anti-fraud professionals have the opportunity to learn about the FraudClassifier model by reading the March/April issue of Fraud Magazine, published by the Association of Certified Fraud Examiners (ACFE).
X9 Launches ISO 20022 Market Practice Industry Forum
The Accredited Standards Organization X9 is looking to catalyze ISO 20022 common data usage in the U.S. market through their ISO 20022 Market Practice Group.
Engagement in Action: FraudClassifier Model Receives Positive Industry Reception
Tim Boike, Vice President, Federal Reserve Bank of Chicago, provides updates on the Fed’s collaborative efforts with the payments industry on the FraudClassifier model.
Announcing Participants of the Newly Created FedNow Pilot Program
To support the development, testing and adoption of the FedNow(SM) Service, the Federal Reserve has announced industry participants in the FedNow Pilot Program.
FPC Payments Barometer: Industry Accelerates Faster Payments Amid COVID-19
Despite a tumultuous year, progress and innovation in the payments industry persists. According to the 2nd annual Faster Payments Barometer, nearly 4 in 5 respondents are either accelerating or maintaining faster payments implementation plans.