Founded in 2008, the Retail Payments Risk Forum is housed at the Federal Reserve Bank of Atlanta. The forum is designed to bring together expertise residing within the Federal Reserve, financial institutions, other industry participants, regulators, and law enforcement. The forum facilitates collaboration among these diverse parties, all of whom share common interests in improved detection and mitigation of emerging risks and fraud in retail payments systems. The forum accomplishes this by providing resources to research issues and sponsor dialogue.
The Federal Reserve Banks of Atlanta and Boston recently convened a Mobile Payments Industry Workgroup to focus on the U.S. mobile payments ecosystem. Envisioning an efficient, ubiquitous mobile payments environment, the workgroup published a paper about the future of domestic point-of-sale mobile payments.
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The expanding online and mobile person-to-person (P2P) market represents a threat to banks' traditional check business, but it also represents a potential opportunity for banks to offer a distinct service to their customers.
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Jan. 21 | Corporate Account Takeover: A Bank's Perspective (Payments Spotlight) |
July 27 | Fraud and Risk in the ACH Network (Payments Spotlight) |
May 27 | Payments Fraud and the Economic Downturn (Payments Spotlight) |
April 14 | Mobile Payments and Banking (Payments Spotlight) |
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Learn moreA blog encouraging dialogue on emerging retail payment system risks and efforts to improve risk detection and mitigation
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