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U.S. Faster Payments Council Examines Fraud Prevention

Wednesday, October 14, 2020   (0 Comments)
Posted by: Terri Brustad

The U.S. Faster Payments Council (FPC) formed the Fraud Information Sharing Work Group to identify enhancements that will make the current fraud information sharing processes more efficient and effective. The aim is to foster better user experiences, bolster confidence and trust in Faster Payments, and facilitate faster reaction times to address threats to the ecosystem. 

This white paper addresses two areas of fraud prevention as they pertain to Faster Payments:

  • Fraud Themes and Trends: Examination of current events to provide clarity and insight
  • Approaches for mitigating fraud

Members >> Read more. There are many external referenced highlights and readers are encouraged to take advantage of the links to conduct further research.

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