Payments Innovation

Contributing to a secure, reliable, and accessible U.S. payments system

A photo of a pen writing on a check.

Podcast interview: Why is check fraud surging as check use drops?

Check fraud way up as thieves exploit vulnerabilities to steal from companies, consumers

Listen here
Financial technology concept Image.

Stablecoins are growing rapidly. What does this mean for the stability of the financial system?

Boston and New York Fed conference examines the potential impacts of stablecoins

Read more
FedNow(SM) Service's Nick Stanescu and Dan Anthony. November 14, 2023.

Boston Fed announces promotions of two officers to senior positions

Nick Stanescu named EVP and chief FedNow executive; Dan Anthony named EVP

Read more

What We Do

Financial technology concept Image.

Central Bank Digital Currencies

A team at the Boston Fed is focused on software engineering and financial infrastructure, researching the possibilities and limitations of a central bank digital currency.

Learn more

GUI (Graphical User Interface) concept Photo.

FedNow® Service

The FedNow® Service enables financial institutions of any size, anywhere in the U.S., to provide safe and efficient instant payment services in near real-time, around-the-clock, every day.

Learn more

SSUCv3H4sIAAAAAAAACpyRwW7DIAyG75P2DhHnRgpNky59lWoHB7wGlUIFZNNU9d1nIFScd8Of7d/+zeP9rWnYDF4JdmoeMaJYab364CAoawh3u407NBJdTVCqYJ0CXcMZglgM3JCgWbWO+JmSzAcIq0cfh21IQMALaWT4ksgbnXPclERKUgelGNtVzK9zYgVl8X915sdncQMXNOI3LVwZcagRspFzLmXXn4DuVluDVSpbufq2AnQs6Culu1NCmUvVZsOSrlzahF1NcHGF1+ZMW3uHWccTf5EmFr6A91QuC68GCfpTe6vmGBuSgU2VSfqJGPJ+3w/dOH7wbhgmPvZ8K8i/tyjSSesUIYrFVcnauoobMDnjEXl3bPkEXXsYJLQw7nl7nPsDH6a9nMRIh3/+AQAA//8DACMVAOSHAgAA

Secure Payments Innovation & Research

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

Learn more

Services & Resources

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.

Sign up for the latest updates on our Payments Innovation work

See our privacy policy

Publications & Data

Featured

Project Hamilton Phase 1 Executive Summary

Project Hamilton Phase 1 Executive Summary

by Federal Reserve Bank of Boston and Massachusetts Institute of Technology Digital Currency Initiative

Boston Fed releases 2023 financials, spotlights notable work during the year

2023

Annual Reports

Boston Fed releases 2023 financials, spotlights notable work during the year
Season 5: Notes on Cash: How the Fed Keeps Money Moving

Six Hundred Atlantic

Season 5: Notes on Cash: How the Fed Keeps Money Moving
Boston Fed releases 2022 financials, highlights notable projects

2022

Annual Reports

Boston Fed releases 2022 financials, highlights notable projects
60 days in with President Susan M. Collins

Six Hundred Atlantic

60 days in with President Susan M. Collins
Bank releases 2021 financials, summarizes year’s activities

2021

Annual Reports

Bank releases 2021 financials, summarizes year’s activities
De-Mystifying New Approaches to Safer Online and Mobile Payments

Payment Strategies

De-Mystifying New Approaches to Safer Online and Mobile Payments

by Susan M. Pandy and Marianne Crowe

Modernizing U.S. Financial Services with Open Banking and APIs

Payment Strategies

Modernizing U.S. Financial Services with Open Banking and APIs

by Susan M. Pandy

Coming Soon to the U.S.: A National Standard for Mobile Financial Services

Payment Strategies

Coming Soon to the U.S.: A National Standard for Mobile Financial Services

by Susan M. Pandy

See more publications

Media Inquiries? Media Inquiries?

Contact our media relations team. We connect journalists with Boston Fed economists, researchers, and leadership and a variety of other resources.

Media Relations