The Federal Reserve Banks last October implemented several new features to help Fedwire Funds Service participants using the FedPayments Manager application prevent or detect possible fraud.
The new features include a new “Manager” access level that allows credentialed subscribers to designate up to five email addresses to receive funds-transfer notifications.
“Manager” access is available to senior management and bankers in a control function or with no other operational responsibilities.
To establish this access level, users will need to identify their FedLine connection’s End User Authorization Contact to submit a subscriber request.
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