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Industry Perspective

Marking the second anniversary of Strategies for Improving the U.S. Payment System

January 26, 2017, marks the two-year anniversary of the release of the Strategies for Improving the U.S. Payment System paper. To commemorate another year of substantive industry progress and momentum across the payments industry, the Federal Reserve released a Strategies for Improving the U.S. Payment System – January 2017 Progress Report, which highlights accomplishments as well as plans for 2017.
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Industry PerspectiveIndustry Perspective
The 2016 Federal Reserve Payments Study highlights strong trends in card use

The 2016 Federal Reserve Payments Study, released December 22, 2016 and conducted triennially since 2001, examines noncash payment trends in the U.S. The Study’s findings show that credit and debit card payments have continued to gain ground, amounting for more than two-thirds of all core noncash payments in the U.S. from 2012 through 2015. Just over a decade ago, checks were the predominant type of noncash payment in the U.S.
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GeneralGeneral
Fed Facts: A look at the numbers

The Federal Reserve Banks offer services, programs and a comprehensive suite of products to facilitate the day-to-day payment operations of financial institutions nationwide. For this month’s Fed Facts article, we’re displaying a collection of statistics about Federal Reserve Financial Services, including 2016 transactions processed by the Federal Reserve Banks and other Fed initiatives related to payment systems.
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FedCash<sup>®</sup> ServicesFedCash® Services
The State of Cash: Preliminary Findings from the 2015 Diary of Consumer Payment Choice

On November 3, 2016, the Federal Reserve Bank of San Francisco’s Cash Product Office published a research paper entitled “The State of Cash: Preliminary Findings from the 2015 Diary of Consumer Payment Choice.” We are sharing a reprint of the paper, which describes preliminary findings from the Diary of Consumer Payment Choice, a survey of a nationally representative sample of U.S. consumers on all their daily transactions.
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Events and EducationEvents and Education
Be sure to meet up with a Fed expert during spring conference season

The Federal Reserve Banks participate in events and conferences across the country throughout the year. It’s an excellent way to keep up with what’s going on in the industry, hear engaging speakers, discuss the latest news and meet with colleagues. The learning experiences and face-to-face interactions are priceless. Keep reading to see some of the events we’ll attend this spring. We hope to see you there!
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FedFocus is your source for the latest Federal Reserve Bank Services news. Each issue keeps you informed about hot topics in the industry, as well as provides insight into the value of Federal Reserve Financial Services.