FedLine Solutions

Complete the Security Resilience and Assurance Program by December 31

There are fewer than 90 days remaining to complete the FedLine^® Solutions Security and Resiliency Assurance Program. The necessary attestation materials were emailed to all Federal Reserve End User Authorization Contacts (EUACs) earlier this year, and the self-assessment and attestation must be completed and submitted by Dec. 31, 2024.

FedNow Service

10 steps of FedNow^® Service onboarding

Once your financial institution commits to joining the FedNow Service, the onboarding phase begins. The process pairs a digital onboarding tool with a dedicated customer service model and is designed to provide transparency, efficiency and support every step of the way.

Cash

Cash supply chain partners commit to Cash Visibility

The United States cash supply chain is a largely paper-based operation, reliant on manual data entry. However, financial institutions, armored carriers and other industry leaders are ready to bring cash supply chain logistics up to speed.

Industry Perspective

Help fight fraud and scams using two classification models

Organizations confronted with a suspicious incident should investigate to determine whether it could be a scam or other type of fraudulent event. The Federal Reserve has two models, the FraudClassifier^SM model (Off-site) and the ScamClassifier^SM model (Off-site), which, when used together, can help organizations to improve mitigation strategies and internal training through identification of fraud and scam types, enhance reporting, and educate customers on specific trends.

Accounting

On-demand training videos highlight AMI application benefits

The Account Management Information (AMI) application can be a critical part of your institution’s Accounting Services from the Federal Reserve Banks, providing critical near-real-time information about your Federal Reserve account. AMI allows your account management, operations, reconcilement and other key functional areas within your organization to have access to the data they need.

ACH

Explore FedACH^® Notifications of Change reporting tools

Federal Reserve Financial Services offers monitoring and reporting tools for FedACH services risk management. Both the FedDetect^® Anomaly Notification and the FedPayments^® Reporter are designed to help financial institutions monitor and manage ACH payments business. Through these tools, institutions can receive notifications via secure email when anomalous activity is detected, as well as establish reports to distribute to their customers.

Industry Perspective

Advancing payments for all: FedPayments Improvement Community

Nearly a decade ago, the Federal Reserve and industry professionals partnered to form the FedPayments Improvement (FPI) Community (Off-site) to achieve faster, safer and more efficient payments. The Federal Reserve believes that collaboration with the industry is a key factor in its efforts to improve the U.S payment system and that a diverse range of participants should identify and embrace opportunities for innovation.