November 1, 2018
The Federal Reserve Payments Study is a rich source of quantitative data about noncash payments: cards, ACH, wires, and checks. Data to be released this fall will shed light on payments fraud in the United States from 2012 to 2016, both by value and by number of incidents. This Talk About Payments webinar took a deep dive into this data, examining aggregate amounts of fraud and fraud rates by factors including payment type, card type, authorization method, and remote/in-person payments. Study author Geoff Gerdes (principal economist at the Federal Reserve Board of Governors) and executive sponsor Mary Kepler (senior vice president at the Federal Reserve Bank of Atlanta) discussed results, share insights, and describe the measurement framework.
Send questions about the webinar to David Lott at david.lott@atl.frb.org.
You may view previous Talk About Payments webinars.
