News Payments Strategy Check Sample Survey Results Released by Fed 5/10/2023 This report examines the use of checks by US consumers, businesses, and government in 2021. Read more Tags: Risk, Retail Payments, Payments, Federal Reserve, checks
News Fraud & Disputes Reduce Mail Fraud With FedPayments Reporter for Check 5/2/2023 FedPayments Reporter for Check may offer part of the solution for check fraud. Read more Tags: Fed, Federal Reserve, check fraud, checks
News Payments Strategy Certification of FedNow Participants Starts 4/26/2023 This month the Federal Reserve started formal certification of participants for launch of the FedNow service. Read more Tags: FedNow, Federal Reserve
News Rules & Regulations Payments Strategy Fed to Discontinue FedGlobal ACH Payments to Canada and... 3/1/2023 Federal Reserve Financial Services will discontinue FedGlobal® ACH Payments service to Canada and Europe in the coming months. Read more Tags: Federal Reserve, FedGlobal, Federal Reserve Financial Services, cross-border
News Rules & Regulations Audit & Compliance Operations Alerts Green Book Chapter 5 Reclamations Update 2/15/2023 Effective March 1, 2023, Fiscal Service will no longer accept paper ACH reclamation responses. Read more Tags: Government Payments, Reclamations, treasury, green book, Federal Reserve, Fiscal Service, Bureau of the Fiscal Service
News Rules & Regulations Payments Strategy Audit & Compliance Fed Presents FedNow Service Operating Circular 8... 1/25/2023 Is your organization preparing for the FedNow Service launching this year? Read more Tags: FedNow, Fed, Federal Reserve, Operating Circular
News Rules & Regulations Payments Strategy Fraud & Disputes Audit & Compliance Agencies Issue Joint Statement on Crypto-Asset Risks 1/3/2023 Federal bank regulatory agencies have issued a statement highlighting key risks for banking organizations associated with crypto-assets. Read more Tags: Digital Currency, FDIC, crypto, Fed, OCC, Federal Reserve, cryptocurrency, cryptocurrencies
News Rules & Regulations Payments Strategy Audit & Compliance Options Available to Strategically Analyze Your FedACH... 12/7/2022 Two Federal Reserve Financial Services reports can provide your organization with powerful strategic payments insights. Read more Tags: ACH, Payments Strategy, Fed, strategy, Federal Reserve, FedACH
News Fraud & Disputes FedPayments Reporter Service Reduces Check Fraud Risk 11/30/2022 Checks continue to be the payment method that fraudsters use most often to infiltrate organizations, according to the Association of Financial Professionals... Read more Tags: Check, Fraud, Fed, Federal Reserve, Fraud Mitigation, check fraud
News Fraud & Disputes New Module Added to Synthetic ID Fraud Toolkit 11/23/2022 The latest addition to the Federal Reserve's Synthetic Identity Fraud Mitigation Toolkit, Module 9: Fraud Mitigation Service Providers, offers... Read more Tags: Fraud, Federal Reserve, Fraud Mitigation, Synthetic Identity Fraud
News Payments Strategy FedNow Service Pricing Is Announced 11/16/2022 The Federal Reserve Board has announced pricing, effective January 3, 2023, for payments services including FedNow. Read more Tags: FedNow, Fed, Federal Reserve, pricing
News Rules & Regulations Fed Offers Testing on Seven-Day Accounting Changes 10/19/2022 The AMI Depository Institution Testing (DIT) environment will be available for testing to impacted organizations beginning November 8 through November 25,... Read more Tags: Federal Reserve
News Payments Strategy As FedNow Rollout Progresses, Financial Institutions... 10/5/2022 Connie Theien, head of industry relations for Federal Reserve Financial Services, describes the work happening behind the scenes in the FedNow Pilot... Read more Tags: FedNow, Faster Payments, Fed, Federal Reserve
News Rules & Regulations Operating Circular 8 Details FedNow Terms and Conditions 9/28/2022 In anticipation of the mid-2023 FedNow Service launch, Operating Circular 8 outlines the terms and conditions for funds transfers made through the... Read more Tags: FedNow, Federal Reserve, Operating Circular
News Payments Strategy Fed Launches Service to Track Trends for FedACH Payments 9/21/2022 Federal Reserve Financial Services has launched the FedPayments® Insights Service, a business and analytics tool that generates reports on a financial... Read more Tags: ACH, Fed, Federal Reserve, FedACH
News Federal Reserve Surveys Reveal Growing Interest in... 9/12/2022 Consumers and businesses are looking for payment services that are fast, convenient and provide greater control over cash flow, according to recent Federal... Read more Tags: Faster Payments, Faster, Federal Reserve, blog
News Federal Reserve Vice Chair Testifies on the Benefits and... 6/22/2022 The House Financial Services Committee conducted a hearing entitled, “The Future of Money: Assessing the Benefits and Risks of a U.S. Central Bank... Read more Tags: CBDC, Central Bank, Fed, Federal Reserve, Central Bank Digital Currency
News Pioneers of Now Campaign Dives Into Instant Payments 6/15/2022 The Federal Reserve launched its FedNow Pioneers of Now campaign during Nacha’s Smarter Faster Payments 2022 Conference. Pioneers of Now represent a... Read more Tags: FedNow, Instant Payments, Fed, Federal Reserve
News Fraud & Disputes Fake Identity, Real Problem 6/8/2022 As the threat of synthetic identity fraud continues to grow, the Federal Reserve is committed to supporting the payments industry in its fight against this... Read more Tags: Tools, Fraud, Synthetic Identity, Fed, Federal Reserve
News Payments Strategy Fed Study Shows Consumers Want Faster Payments 5/18/2022 U.S. consumers are seeking faster payments in more areas of their increasingly on-demand lives, with 4 out of 5 saying they are interested in faster options... Read more Tags: Faster Payments, Fed, Federal Reserve
News Fraud & Disputes New Resources to Combat Synthetic Identity Fraud 5/4/2022 Often miscategorized, and in turn, underreported, synthetic identity fraud is a high priority for the U.S. payments industry. To help support organizations... Read more Tags: Tools, Fraud, Synthetic Identity, Fed, Federal Reserve