Federal Reserve Board
News stories featuring Federal Reserve Board:
October 26th, 2016
A task force set up by the Federal Reserve is calling on the payment and banking industry for comments on its efforts to enhance payment identity management, data protection and information sharing related to payments risk and fraud. The Secure Payments Task Force has set up an online survey to gather views which will go towards its plan to ensure “solutions being pursued will meet industry needs”. The survey is open until November 8.
March 27th, 2015
22% of US mobile phone users made a mobile payment last year, up from 17% in 2013, research from the Federal Reserve Board reveals. The most common type of mobile payment was paying bills through an online system or mobile app, followed by online and in-app purchases, with in-store payments in third place, the Consumers and Mobile Financial Services 2015 (PDF) report found.
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