The Board of Governors of the Federal Reserve ("FRB") Secure Payments Task Force ("Task Force") will disband in March 2018 and its members will transition into a newly formed FRB FedPayments Improvement Community ("Community"). The Community provides a forum for payments industry stakeholders to participate in market efforts based on their "interest, expertise and availability." The Task Force is scheduled to release a final report this month describing current primary payment methods.
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