NEWS on Payments

Contact ICBA Bancard
Tel: 800-242-4770
Email: bancard@icba.org

Fed Launches Payments Fraud Group

Mar 19, 2019
The Federal Reserve announced the members of its new Fraud Definitions Work Group, an initiative to improve payment system security.

Over the next year, the group of 22 payments industry leaders will work with the Fed to formulate recommendations for improving the quality and consistency of ACH, wire, and check fraud data.

Read More from Fed