Payments

Fed Survey: Payment Fraud Remains Rare

Payment fraud remains rare, representing small fractions of 1 percent of the total number and the total value of payments, according to the Federal Reserve Payments Study released today.

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Fed Seeks Feedback on Its Role in Faster Payments Settlement

The Federal Reserve System today issued a request for comments on potential Fed actions to accelerate interbank settlement of faster payments, including the idea of the Fed banks developing a 24/7/365 real-time settlement service and a liquidity management tool to support this service.

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