Payment Strategies

Payment Strategies supports the Federal Reserve's financial services mission to ensure that the retail payment system evolves with integrity and accessibility by serving as a change agent for retail payments. Payment Strategies plays a lead role in the Federal Reserve System and the payments industry to support new and emerging payment methods and participation in the development of related standards. Payment Strategies leads the Mobile Payments Industry Workgroup (MPIW), a collaborative effort among mobile payments industry stakeholders to resolve shared issues and eliminate barriers to commercial adoption of mobile payments at the point-of-sale.

Latest News

July 10, 2012
Testimony: Developing the Framework for Safe and Efficient Mobile Payments, Part 2 offsite
Michael L. Katz, Thomas P. Brown, and
Sarah Jane Hughes

June 29, 2012
Testimony: Mobile Payments offsite
Stephanie Martin

March 2012
Consumers and Mobile Financial Services offsite
A report from the Board of Governors of the Federal Reserve System

March 29, 2012
Testimony: Executive Session followed by Developing the Framework for Safe and Efficient Mobile Payments offsite
Sandra F. Braunstein and Kenneth C. Montgomery

March 22, 2012
House hearing on mobile payments offsite
Rich Oliver

Latest Publications

U.S. Mobile Payments Landscape – Two Years Later
by Marianne Crowe, Susan Pandy, and Elisa Tavilla, Federal Reserve Bank of Boston and Cynthia Jenkins, NACHA
May 2013

Mobile Banking and Payments Survey of Financial Institutions in the First District: Summary of Results
March 2013

Mobile Phone Technology: “Smarter Than We Thought”
by Marianne Crowe and Elisa Tavilla, Federal Reserve Bank of Boston
November 2012

2012 Payments Fraud Survey Results
Summaries from the Federal Reserve Banks of Boston, Dallas, and Minneapolis.
November 2012

The U.S. Regulatory Landscape for Mobile Payments
by Marianne Crowe, Federal Reserve Bank of Boston, and Mary Kepler and Cynthia Merritt, Federal Reserve Bank of Atlanta

Opportunities and Challenges to Broad Acceptance of Mobile Payments in the United States
by Elisa Tavilla, Federal Reserve Bank of Boston

Latest Presentations

September 13, 2012
Mobile Payments & Technology Landscape PDF
by Marianne Crowe

June 7, 2012
Evolving Mobile Landscape Challenges and Opportunities PDF
by Marianne Crowe

May 23, 2012
Guiding Principles for Next Generation Mobile Payments PDF
by Marianne Crowe