Federal Reserve Initiative: Faster and Secure Payments from End-to-End
In discussing faster payments and ensuring they remain secure, it's important to include the newer payments providers, such as Apple Pay and Square, that are not associated with banks and are, for the most part, unregulated.
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In this interactive session, a Federal Reserve Payments executive discusses how the Fed is expanding its payments focus beyond the services it provides today to banking institutions. Federal Reserve experts have said they are looking at the start of transactions, end-to-end from the consumer to the commercial side, not just bank-to-bank payments, as it has previously.
In this session, our experts will discuss:
- The types of financial fraud that are of most concern;
- The importance of a variety of stakeholders within the payments industry playing a role in crafting a faster payment strategy;
- The Federal Reserve's payments industry roadmap.
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