The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments
June 10, 2021 / By ICBA
The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments.
Details: The article says the speed, finality, and round-the-clock nature of instant payments provide opportunities for fraudsters and require organizations to review fraud-fighting tactics and prepare.
More: The ICBA website offers comprehensive information on payments, including instant payments.
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