The U.S. Regulatory Landscape for Mobile Payments 
Marianne Crowe, Federal Reserve Bank of Boston and Mary Kepler and Cynthia Merritt, Federal Reserve Bank of Atlanta
Retail Payments Risk Forum White Paper
July 30, 2012
Mobile phones are such a new entrant into the payments field that questions about potential gaps in regulations have arisen. A paper cowritten by Atlanta and Boston Fed payments experts summarizes meetings of the Mobile Payments Industry Workgroup that were held over 2010 and 2011 to address some of these questions. The paper is also available at the Boston Fed.
Chip-and-PIN: Success and Challenges in Reducing Fraud
Douglas King, Federal Reserve Bank of Atlanta
Retail Payments Risk Forum Working Paper
January 2012
While payment cards in much of the world are chip-enabled, U.S. cards continue to depend on magnetic-stripe technology. The Retail Payments Risk Forum's Douglas King, a payments risk expert, has published a working paper exploring the experiences of several countries that have moved away from the magnetic stripe.
Peer-to-Peer Payments: Surveying a Rapidly Changing Landscape
Jennifer Windh, Federal Reserve Bank of Atlanta
Retail Payments Risk Forum Working Paper
August 2011
Peer-to-peer (P2P) payment products are some of the most innovative developments from the payments industry in the past decade. Despite the range of innovative offerings, the industry lacks a standard understanding of how the various P2P payments in the market work. This paper offers a framework to organize a discussion of P2P payments and evaluate the associated risks.
Mobile Payments in the United States: Mapping Out the Road Ahead
Darin Contini and Marianne Crowe, Federal Reserve Bank of Boston, Cynthia Merritt and Richard Oliver, Federal Reserve Bank of Atlanta, and Steve Mott, BetterBuyDesign
Retail Payments Risk Forum White Paper
March 2011
The Federal Reserve Banks of Atlanta and Boston, through their Retail Payments Risk Forum and Payments Research groups, recently convened the Mobile Payments Industry Workgroup to focus on the emerging U.S. mobile payments ecosystem. Envisioning an efficient and ubiquitous mobile payments environment, the workgroup recently published a research paper about the future of point-of-sale mobile payments in the United States.
The paper is also available at the Boston Fed.
Mobile Money Transfer Services: The Next Phase in the Evolution of Person-to-Person Payments
Cynthia Merritt
Retail Payments Risk Forum White Paper
August 2010
Money transfer services for domestic and international remittances are shifting from traditional providers to wireless carriers who compete for consumer market share on the basis of technological ubiquity and lower costs. This paper reviews developments in mobile money transfers, the emerging ecosystem, and participants and business models, and also examines the implications of payment systems crossing geographic borders.
An Examination of Remotely Created Checks
Ana R. Cavazos-Wright
Retail Payments Risk Forum White Paper
May 2010
Remotely created checks can be useful payment devices. However, they are also susceptible to fraud. This paper explores these issues, their unique risk-management challenges, and who can best manage these challenges.
A Method for Improving the Benchmarks Used to Monitor ACH Returns
Federal Reserve Bank of Minneapolis
Financial Policy Working Paper
Ron J. Feldman, Senior Vice President; Mark Lueck, Economist; and Richard M. Todd, Vice President; Federal Reserve Bank of Minneapolis
Olivier Armantier, Research Officer; Michele Braun, Officer; Dennis Kuo, Economist; Federal Reserve Bank of New York
March 2010
Remote Deposit Capture for Consumers: Is It Niche or Mainstream?
Jennifer R. Grier
Retail Payments Risk Forum White Paper
December 2009
Consumer remote deposit capture presents new opportunities for banks to gather deposits while providing an appealing self-service option for bank customers. This paper provides an overview of consumer capture and examines whether this service will be widely adopted by banks.
Interchange Fees and Payment Card Networks: Economics, Industry Developments, and Policy Issues
Robin A. Prager, Mark D. Manuszak, Elizabeth K. Kiser, and Ron Borzekowski
Board of Governors Finance and Economics Discussion Series (FEDS)
Portals & Rails 2009 Compendium
The Evolution of the Check as a Means of Payment: A Historical Survey
Stephen Quinn and William Roberds
Federal Reserve Bank of Atlanta Economic Review No. 4, 2008
