Banking Channels

This consultation invites views on options for reforming the regulation and governance of payments systems in the UK. It should be read by those with an interest in the future development and strategy of payments systems and the users of those systems.

Mobile devices have increasingly become tools that consumers use for banking, payments, budgeting and shopping. In December 2011, the Federal Reserve Board conducted its first survey of consumers’ use of mobile financial services, and released a summary report in March 2012 (referred to as the 2011 survey). Given the rapid pace of developments in the area of mobile finance, the Board conducted asecond survey in late November 2012 to examine trends in adoption and use of mobile banking and payments (referred to as the 2012 survey).

This First Data whitepaper examines the top reason why consumers will eventually adopt mobile wallets.

This joint INETCO, NCR whitepaper examines several issues such as the challenges and emerging performance management requirements of ATM and IT Operations teams tasked with delivering a consistent consumer banking experience.

Payment cards are not just convenient–they help stimulate growth for economies as well, according to a study performed by Moody’s Analytics on behalf of Visa.The rapid proliferation of cards in the past 50 years has changed how consumers pay for goods and services, and how merchants manage their businesses.

As the nation’s consumer protection agency, the Federal Trade Commission (“FTC”) is committed to staying abreast of technologies that affect consumers to ensure that consumer protections keep pace with these technologies.

Inetco and NCR team on a whitepaper written to educate IT operations and self-service delivery channel managers about how to lead the self-service evolution. We identify some of the emerging trends and challenges driving these teams to take a quantum leap in performance management.

This First Data whitepaper addresses the state of loyalty programs in financial institutions in the aftermath of the Durbin Amendment.

As a social justice philanthropy, the Ford Foundation is committed to finding solutions to entrenched problems of poverty and economic mobility. In advancing this mission, we believe that financial services are essential tools that assist low-income families to manage their resources, make ends meet and build assets over time.

This paper from the Consumer Financial Protection Bureau describes the credit reporting infrastructure at the three largest nationwide consumer reporting agencies (NCRAs) – Equifax Information Services LLC (Equifax), TransUnion LLC (TransUnion), and Experian Information Solutions Inc. (Experian) – with a special focus on the infrastructure and processes currently used by the NCRAs to collect, compile, and report information about consumers in the form of credit reports.

This Boston Federal Reserve report examines in detail how near field communication (NFC) and cloud2 technologies address security for mobile payments at the retail point-of-sale (POS). It also provides a brief overview of security for two other mobile technology platforms, QR code,3 and direct carrier billing (DCB)4.

J.P. Morgan is extremely pleased to sponsor the 2012 AFP Payments Fraud and Control Survey for the fourth consecutive year. We are also pleased to see that this year's respondents report a slight decrease overall in the incidence of fraud attempts. Nevertheless, the prevalence and persistency of payments fraud remain stubbornly high. The war against fraud is by no means over.

In April and May 2012, the Federal Reserve Bank (FRB) of Minneapolis’ Payments Information and Outreach Office conducted research on payments-related fraud experienced by area organizations. Payments covered in the survey included transactions involving cash, check, debit and credit cards, automated clearinghouse (ACH), and wire transfers.

As the nation’s migration to EMV continues forward and is critically analyzed, the layout has become exceedingly complex, leaving many financial institutions (FIs) to wonder: should we be outlining our own EMV plans?

Kansas City Federal Reserve Bank September 2012

FDICSeptember 2012

University of Michigan and NBERMay 2012

Philadelphia Federal Reserve BoardAugust 2012

CSCU June 2012

Pew June 2012

Fiserv June 2012

Hudson & Yorke December 2011

Zafin Labs March 2012

Swift May 2012

World Economic Forum 2012

World Economic Forum 2012

Pew Health Group April 2012

Arizona State University April 2011