The Remittance Delivery Work Group has completed a successful validation phase where they demonstrated it is operationally feasible for an exchange framework to deliver electronic remittance (e-remittance) information for B2B payments. Read the report.
Financial institutions and service providers are continuing to prepare for the FedNow(SM) Service. The Pioneers of Now series from the Federal Reserve showcases leaders from these organizations with their progress and perspectives on instant payments implementation.
The Federal Reserve has established a scams definition and classification work group. Learn about the group and its goals.
According to new Federal Reserve studies, a majority of businesses and consumers are already using faster payments, and most are likely to use them more often in the future.
Participants of the Business Payments Coalition’s E-invoice Exchange Market Pilot recently formed the Digital Business Networks Alliance as the legal entity overseeing a new electronic exchange network.
Experts from the Federal Reserve System engaged with the payments industry during key conferences and webinars this spring. Explore highlights from their sessions.
Scams have become increasingly prevalent, but there are ways to prevent them and mitigate losses. Read more about how to stay protected from this type of fraudulent activity.
Scams are a growing area of fraudulent activity that can happen to anyone. Learn about common types of scams and the ways that fraudsters attempt to deceive their victims.
The Federal Reserve, and specifically, Federal Reserve Financial Services (FRFS), is engaging with the payments industry at this spring’s conferences and webinars.
Explore recent articles that highlight trends, examine relevant studies and provide perspectives on how current and emerging technologies may alter the payments landscape.