Businesses are actively using instant payments. Nearly two-thirds of U.S. businesses (66%) are likely to use instant payments if offered by their primary financial institution, according to a Federal Reserve Financial Services survey.
Learn how fraudsters target unsuspecting victims through relationship and trust scams to carry out check fraud – and how the ScamClassifier(SM) model can be leveraged for more robust prevention and customer education.
Representatives from across the Federal Reserve will be in New Orleans April 27-30 for the annual Nacha Smarter Faster Payments conference. Explore the many opportunities to connect on timely and innovative payments topics.
Instant payments are transforming the way money is transferred, enabling consumers and businesses access to funds instantly. Learn about different types of instant payments and leverage their full potential.
Fraudsters often leverage fraudulent paper checks to help perpetrate scams. Learn how the ScamClassifier(SM) model can assist in identifying the root cause of the fraud that occurred due to a scam.
Mark your calendar to connect with Federal Reserve Financial Services on innovations in payments at industry conferences this spring.
Standards provide a foundational layer for advancing payment security, efficiency and accessibility. Learn more about setting and adopting industry standards.
The Pioneers of Now series highlights financial institutions, service providers and members of the broader payments ecosystem who are engaged in modernizing the U.S. payment system.
The latest addition to the Federal Reserve’s Synthetic Identity Fraud Mitigation Toolkit focuses on how generative artificial intelligence (Gen AI) is leveraged to create realistic-seeming synthetic identities.
Federal Reserve Financial Services frequently attends industry conferences to engage with the ecosystem on advancing the speed, security and efficiency of payments. Read highlights from key events this fall.