[vc_row][vc_column][vc_column_text]Join Federal Reserve Financial Services (FRFS) this fall at upcoming conferences, where industry experts and professionals will be engaging around the momentum for instant and faster payments adoption, fraud trends and latest prevention and mitigation tools and efforts, the value and opportunities of payments standards, and more. Here’s a preview of key events (Off-site). Jack Henry™ Connect: Sept. 8-11, San Diego, CA Jack Henry Connect (Off-site) offer...| FedPayments Improvement
Hear about the evolving fraud landscape, the Federal Reserve's payment security initiatives, as well as tools and resources in this on-demand webinar.| FedPayments Improvement
Newly released toolkits on scams and check fraud mitigation support education and increase awareness, enabling the payments industry to better identify and fight these prevalent forms of fraud.| FedPayments Improvement
The model’s expanding global adoption represents progress in building a more fraud-aware, resilient and connected payments ecosystem.| FedPayments Improvement
Fraud and scams — including check fraud — continue to be a growing concern. To source the best ideas on how to combat them, the Federal Reserve Board of Governors, the Federal Deposit Insurance Corp. (FDIC) and Office of the Comptroller of the Currency (OCC) are seeking input on potential actions to help mitigate risk of payments and check fraud. Comments must be received within 90 days after the request for comment notice is published in the Federal Register. In its role as a payment sys...| FedPayments Improvement
One year in, user feedback shows the ScamClassifier(SM) model is a powerful tool for fraud prevention across the payments ecosystem, driving targeted detection, better internal education and smarter scam response.| FedPayments Improvement
The Federal Reserve engaged on innovations and trends that are transforming the payments industry this spring.| FedPayments Improvement
Individuals can be deceived or manipulated with fraudulent check deposits. Learn how these schemes work and how to detect check scams using the ScamClassifier(SM) and FraudClassifier(SM) models.| FedPayments Improvement
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.| FedPayments Improvement
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.| FedPayments Improvement
Find tools and resources to mitigate fraud related to generative AI, which can enable the creation of synthetic identities for social engineering.| FedPayments Improvement
A look back at industry events Federal Reserve Financial Services attended in fall 2024, where representatives discussed timely payments topics and trends.| FedPayments Improvement
At the 2024 Chicago Payments Symposium, attendees discussed work to advance the security and resiliency of global payment infrastructures.| FedPayments Improvement
Watch a video about how the FraudClassifier and ScamClassifier models can be used together to help organizations better report and mitigate fraud and scams.| FedPayments Improvement