Federal Reserve Board News: Federal Reserve announces seventh triennial study to examine U.S. payments usage

14Mar - by Editor - 0 - In STL.News

WASHINGTON (STL.News) – Beginning this month, financial institutions and payments organizations will receive invitations to participate in the seventh triennial Federal Reserve Payments Study, the Federal Reserve announced today.  Based on survey data provided by participants, past reports from the studies have documented substantial change in the aggregate volume and composition of noncash payments in the United States since 2000.  Recent reports have also revealed dynamic changes in aggregate payments fraud, automated teller machine withdrawals, and payment authentication methods, among other topics.

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