Secure Payments Task Force

From 2015 through 2018, the Federal Reserve System’s Secure Payments Task Force engaged a diverse array of more than 200 stakeholders in advancing the work outlined in the January 2015 Strategies for Improving the U.S. Payment System (PDF). The mission of the Secure Payments Task Force was to provide a forum for stakeholders to advise the Federal Reserve in its leader/catalyst and operator roles on payment security matters, and identify and promote actions that can be taken by payment system participants collectively or by the Federal Reserve System. The task force anchored their work around three objectives and made significant progress in meeting them during its operation from June 2015 through March 2018.

The Progress to Secure Payments

With facilitation support from the Fed, the task force took an active role in building consensus and developing work products through face-to-face meetings, teleconferences, segment calls, webinars, surveys and other tools designed to solicit and calibrate participant viewpoints.

In November 2017, the task force developed and published a list of currently available fraud and risk Information Sharing Data Sources (Off-site) that may be used to mitigate fraud and cyber threats, in an effort to broaden the use of actionable information across payment system participants. Then in March 2018, the task force concluded its efforts and published the Payment Lifecycles and Security Profiles (Off-site), which serve as an educational reference guide for payment and security practitioners on the lifecycles of the most common payment types.

Work Groups

The task force created targeted work groups that discussed industry challenges and proposed solutions for effecting lasting payments security improvements. The focus of each work group and contributions to the aforementioned security resources are noted below.

• The Data Protection Work Group and Payment Identity Management Work Group began focusing on their respective disciplines separately – but quickly realized that to advance security in these areas, they must work together to understand the landscape and talk about the payment lifecycle holistically. The groups collaborated to create an educational resource that describes the lifecycle for the most common payment types. This resource highlights not only how a given payment type works, but also security methods, sensitive data and associated risks throughout three key phases of the lifecycle: enrollment, transaction and reconciliation. This resource, the Payment Lifecycles and Security Profiles (Off-site), is available on SecurePaymentsTaskForce.org (Off-site).
• The Law and Regulation Coordination Work Group and the Standards Assessment Team also provided significant input on the Payment Lifecycles and Security Profiles (Off-site), including subject matter expertise on applicable laws, regulations, standards and other references.
• The Information Sharing Work Group focused on improving awareness of inclusive cybersecurity and fraud information sharing among and across U.S. payment industry participants. To advance this goal, this work group created Information Sharing Data Sources (Off-site) that can help organizations address payments fraud risk. The work group also highlighted the need for a recommended fraud classification model to use in discussing and reporting fraud, now being developed by the Fed’s Fraud Definitions Work Group.

View the work product voting reports and records below:

• Payment Lifecycles and Security Profiles Vote Report (PDF)
• Payment Lifecycles and Security Profiles Vote Record (PDF)
• Information Sharing Data Sources Vote Report (PDF)
• Information Sharing Data Sources Vote Record (PDF)
• Decision-Making Framework Vote Report (PDF)
• Decision-Making Framework Vote Record (PDF)

Secure Payments Task Force Participants

The progress made in payments security could not have been possible without more than 200 task force participants who dedicated their expertise, diverse perspectives, time and energy to the Secure Payments Task Force. Thank you to all who served on the task force and helped identify actions that can be taken by industry stakeholders to ensure that U.S. payment system security remains strong – and that protections and incident responses keep pace with rapidly evolving and expanding security threats.

Check out the task force participant roster (Off-site) for a comprehensive list of all participants at the conclusion of the task force. Eight unique stakeholder segments were represented. Each segment elected representatives to serve on the Secure Payments Task Force Steering Committee (identified by an * and bold text).

First Name	Last Name	Organization
* Christopher	* Danvers	* American Airlines Federal Credit Union
* Chris	* Gilbert	* Bankers' Bank of Kansas
* Steve	* Mott	* BetterBuyDesign
* Frank	* Perrelli	* BNY Mellon
* Suzanne	* Martindale	* Consumers Union
* Brian	* Peretti	* Department of the Treasury - OCIP
* Peter	* Tapling	* Early Warning
* Troy	* Alvarez	* Intel Corp
* Cedric	* Menchion	* Killeen Independent School District
* Terry	* Dooley	* SHAZAM Network
* Brad	* Mares	* Target Corporation
* Victoria	* Strayer	* TSYS
* Glen	* Ulrich	* U.S. Bank
* Stephen	* Ranzini	* University Bank
* Dave	* Faoro	* Verifone, Inc.
* Reed	* Luhtanen	* Wal-Mart Stores, Inc.
Seth	Ruden	ACI Worldwide
Mary Ann	Miller	Actimize Inc
Cary	Tonne	Affinity Plus Federal Credit Union
Will	Montis	AgriBank, FCB
Gene	Fradella	Allegiance Retail Services
Tracy	Lafferty	Alloya Corporate FCU
Paul	Ahlstrom	Alta Group Americas
Heather	Wyson-Constantine	American Bankers Association
Michelle	Beckman	American Express
Edward	Scheidt	ANSI x9 Accredited Standards Committee
Juri	Park	Aon Corporation
Leizl	Mendiola	Automatic Data Processing
Maria	Arminio	Avenue B Consulting
James	Grady	BAI
Steve	Curtis	Bank of America
Adam	Anderson	Bank of Commerce
Robert	Zietlow	Bankers' Bank
Christopher	Hill	Bankers' Bank of the West
Shuying	Feng	Barclays
Justin	Parks	BB&T
Daniel	Holt	BillHero, Inc.
Nishanth	Reddy	Blue Pebble Solutions, Inc.
Stewart	Weiner	BMO Harris Bank
William	Bozeman III	Bozeman Financial LLC
Randi	Potter	Busey Bank
Joel	Williquette	Capital Credit Union
Rakesh	Mirajkar	Capital One
Suchitra	Pudmanabhan	CBW Bank
Cedric	Leighton	Cedric Leighton & Associates
Manfred	Neustifter	CFPS Technology Group
Jonathan	Levin	Chainalysis Inc.
Donald	Seeterlin	Chesapeake Bank
Arvind	Kapoor	Chubb Insurance
Paul	Reimer	Clearkey Inc.
Jill	Brungardt	Commerce Bank
Derrick	Bretz	Computer Services, Inc.
Gary	Taylor	Conexxus
Will	Wade-Gery	Consumer Financial Protection Bureau
Paul	Love	CO-OP Financial Services
Stephen	Lindgren	Cornhusker Bank
Rue	Jenkins	Costco Wholesale Corporation
Rochelle	Stoltz	Coulee Bank
Lance	Noggle	Credit Union National Association
Curtis	Hallowell	Cummins Allison Corp.
Robert	Coakley	D+H Global Transaction Banking Solutions
Terry	Fors	Deluxe Corporation
Dave	Tatge	DISC (Digital Identity Security Company)
Gina	Gobeyn	Discover Financial Services
Donald	Chapman	DNC Consulting Inc.
Ben	Schmitt	Dwolla Inc.
Michael	McCullough	Eastern Bank
Mark	Carl	Echosat Inc.
David	Wen	eCurrency Mint
Kurt	Helwig	Electronic Funds Transfer Association
Amy	Zirkle	Electronic Transactions Association
Wendy	Wishon	EPCOR
Christopher	Williams	Exponent Inc.
Michelle	Weaver	Extraco Banks
Michael	Benardo	FDIC
Christina	Hulka	FIDO Alliance
Brian	Peters	Financial Innovation Now
Jason	Kratovil	Financial Services Roundtable
Casey	Merolla	First Annapolis Consulting
Rick	Van Luvender	First Data
Joyce	Flinn	First United Bank & Trust
Kannan	Srinivasan	Fiserv
Danna	Burchess	Five Points Bank
Hannah	Walker	Food Marketing Institution
Emma Coleman	Jordan	Georgetown University
Brian	Russell	Giesecke & Devrient
Bruce	Welch	Gilbarco Inc.
Garo	Doudian	Green Dot Bank
Andrew R.	Bland III	Harland Clarke Holdings Corp
Kevin	Thomsen	IBM
Cary	Whaley	ICBA
Jay	Fitzgerald	Independence Title
Theodore	Kozlowski III	Individual Participant
Frazier	Evans	Individual Participant
Ina	Goldberg	Individual Participant
Christine	Koncal	Individual Participant
Arvind	Deogirikar	Individual Participant
Jeremy	Swenson	Individual Participant
Oliver	Manahan	Infineon Technologies
Mark	Krantz	Information Control Company (ICC)
Vijay	Anand	Infosys Limited
Sherry	Avena	Interactive Financial Services Group, Inc.
Scott	Volmar	InterComputer Corporation
Kirsten	Trusko	IRC Advisory
Richard	Leirer	Jaguar Software
Richard	Bradfute	James Polk Stone Community Bank
Alphonse	Pascual	Javelin Strategy and Research
Andrew	Sloper	JP Morgan Chase
Alex	Chew	Jumio
Joyce	Lucas	Kacil Business & Technology Consulting Firm
Bradley	Wiskirchen	Kount Inc.
Aaron	Press	Lexis Nexis Risk Solutions
Joseph	Mason	Louisana State Univeristy
Salvatore	Scanio	Ludwig & Robinson PLLC
Andrew	Hartridge	M&T Bank
Sharon	Lees	Macon-Atlanta State Bank
Annmarie	Hart	MagTek, Inc
David	Jackson	Marketcy
Janet	Smith	MasterCard
Mark	Horwedel	Merchant Advisory Group
Andrew	Churchill	Midas Alliance
Tim	Runnalls	Midwest Independent Bank
Jane	Larimer	NACHA - The Electronic Payments Association
Carrie	Hunt	National Association of Federal Credit Unions
Laura	Chadwick	National Restaurant Association
Linda	Jewell	Navy Federal Credit Union
Janet	Merlet	NEACH
Bryan	Penny	Nordstroms
Ryan	McNaughton	North American Banking Company
Philip	Andreae	Oberthur Technologies
Richard	Parry	Parry Advisory
Mary Ann	Callahan	Paxos Trust Company, LLC
Sarah	Gimello	Paychex Inc.
Richard	O'Brien	Payment Pathways
Lewis M.	Howard	Payments & Card Network USA, LLC
Thomas	Kracher	Payments Strategy Professionals
Lauren	Holloway	PCI Security Standards Council
Sima	Gandhi	Plaid Technologies
Dave	Ondo	PNC Bank
Michael	Landau	PricewaterhouseCoopers LLP (PwC)
Deborah	Bartoo	PSCU
Travis	Dulaney	Push Payments
Debbie	Smart	Q2
Shoaib	Shafquat	Qcheque
Catherine	Williams	RBC
Rodman	Reef	Reef Karson Consulting, LLC
Matthew	Speare	Regions Financial
Austen	Jensen	Retail Industry Leaders Association (RILA)
Niklas	Sandquist	Retail Payments AS
Jose	Cortedano	Rosetta Technologies
Angel	Grant	RSA Security LLC
Wenlock	Free	SecurityMetrics
Raymond	Seefeldt	SG Consulting Group
Kelly	Dickerson	Shore United Bank
Stephen	Trusheim	SignalFire, LLC
Randy	Vanderhoof	Smart Card Alliance/EMV Migration Forum
Charles	Wallen	Spectrum
Shane	Hamilton	Square, Inc.
Catherine	Ennis	Stanley Black & Decker, Inc.
Carla	Canino	Sunlight Commerce Consulting
Clint	Hardison	SunTrust
Arnaud	Boulnois	SWIFT Inc
Larry	Aubol	TASCET
Jeffrey	Tassey	Tassey & Associates
Anthony	Meholic	The Bancorp
Jeff	Story	The Bankers Bank
Jarrett	Helms	The Clearing House (TCH)
John	Carlson	The Financial Services Information Sharing and Analysis Center
William	Barouski	The Northern Trust Company
Thaddeus	King	The Pew Charitable Trusts
Jason	Drohman	The Western State Bank
Eric	Schurr	TMG Financial Services
Steven	Kirsch	Token
Sherry	Newton	Transwestern Commercial Services
Cathryn	Gregg	Treasury Strategies, Inc.
James	Dean	TrueCourse Advisory Services, LLC
Jesus	Ramos	TSA Inc.
Becky	Barrows	TTCU The Credit Union
Maarten	Bron	UL
Angi	Farren	UMACHA
Angela	Campbell	UMB Bank, NA
Paul	Rogers	United Bankers' Bank
Glen	Wiley	Verisign
Andrew	McGloin	Visa
Gilbert	Verdian	VocaLink
Ganesh	Srinivasan	Volante Technologies Inc
Philip	Picillo	Webster Bank
Yuemei	Zhang	Wells Fargo
Victor	Vinogradov	Western Alliance Bank
Kim	Boden	Western Union
Bradley	Wilkes	WingCash, LLC
Andrew	Barlow	Wisconsin ACH Association (WACHA)
Jim	Duke	Wood Forest Bank
Amma	Guerrier	Xenith Bank