Fed prepares for triennial study, evaluates ACH road map
T he Federal Reserve Board disclosed March 14, 2019, that it will invite select financial institutions and payments industry stakeholders to participate in its seventh triennial Federal Reserve Payments Study. The independent research, to be conducted by McKinsey & Co. and Blueflame Consulting LLC, will separately survey banks and processors to assess banking and payment card processing trends.
The study's executive sponsor, Mary Kepler, senior vice president of the Federal Reserve Bank of Atlanta, said the Federal Reserve will publish aggregate estimates, and individual survey data will remain strictly confidential.
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Podcast #33 - Building a Profitable Book by Helping Small Businesses Stay in Business
This week, industry veteran and Paysafe President OB Rawls explains, how selling solutions that enable merchants to grow; helps ISOs and MLSs grow their businesses. Patti discusses balancing merchant demands for less friction and greater security in payments. And, James offers insights on what to do when you can't say, "yes" to a merchant.
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