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Fed Names New Payments Security Leader

PYMNTS

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. Treasury and financial market, among other responsibilities.

Security 112
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Fed Names Leader For FedNow Faster Payments Service

PYMNTS

The Federal Reserve has announced a leader of the new FedNow service, which was created to facilitate faster payments in the country with interbank real-time gross settlement (RTGS), as well as integrated clearing, according to a release. First Vice President Kenneth C. This is an exciting milestone in U.S.

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Federal Reserve Names New Payments Strategy Director

PYMNTS

Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. Payment System published in early 2015. The Fed first announced Dave Sapenaro as the successor to the role on Thursday (Aug.

St. Louis 108
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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

Payment System paper, in which the Fed outlined initiatives for the payments industry and its stakeholders to promote progress. For the Fed, progress means improving the speed, security and efficiency of the payments system, and to focus on international payments capabilities and promote collaboration within the field.

Payments 124