Payment Studies & Strategies

A window into the U.S. payments system from currency to mobile

Focused and fast: FedNow leader Ken Montgomery looks at path ahead for faster payments initiative

Program executive sits down for Q&A on FedNow's progress and possibilities

Ken Montgomery Informal Portrait taken at the Federal Reserve Bank near South Station.

Boston Fed’s Ken Montgomery to lead development of Fed service to support faster payments

Closeup shot of a unrecognizable person giving a barman a credit card as payment inside of a restaurant.

The time for contactless cards is … now? After early lag, contactless may be ready to take off

More use could boost contactless mobile payment adoption, payments security

Digital/Mobile Payments Innovation & Applied Research

Payment Strategies contributes to the development of innovative business and technology solutions for mobile and digital payments that are secure, efficient and ubiquitous by leading mobile/digital payment initiatives with the industry.

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Secure Payments

The Federal Reserve Bank of Boston is leading efforts on behalf of the Federal Reserve System to reduce fraud risk and advance the safety, security, and resiliency of the U.S. payment system.

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FinTech

Boston Fed experts in payments, information technology, and cybersecurity are exploring and studying advancements in FinTech to understand potential impacts to financial payment processes, regulatory oversight and supervision, and cybersecurity.

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Centers & Groups

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Mobile Payments Industry Workgroup

A collaborative effort among mobile payments industry stakeholders to inform, discuss and consider potential resolutions for shared issues and the elimination of barriers to commercial adoption of retail mobile and digital payments.

Consumer Payments Research Center

The Consumer Payments Research Center was closed on May 31, 2018. The Federal Reserve Bank of Atlanta’s research department has assumed ownership of the CPRC data program. Click on the heading for details and new URLs.