The Future of Secure PaymentsJim Cunha of the Boston Fed on Future-Proofing Against Fraud
The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, discusses how to advance payment system safety, fight fraud and ensure resiliency.
In a video interview at Information Security Media Group's recent New York City Fraud Summit, Cunha talks about:
- The scope of the Fed's work;
- Research findings from the task force;
- How the future of secure payments is taking shape.
As senior vice president of treasury and financial services at the Federal Reserve Bank of Boston, Cunha is spearheading efforts to study, explore and engage with distributed ledger technology to determine applicability, potential benefits and risks for internal and external uses. Cunha is also responsible for two U.S. Treasury businesses supported by the Boston Fed: a stored value card and an invoice processing platform.