Card Not Present Fraud , Endpoint Security , Enterprise Mobility Management / BYOD

The Future of Secure Payments

Jim Cunha of the Boston Fed on Future-Proofing Against Fraud
Jim Cunha, senior vice President of bank administration, Federal Reserve Bank of Boston

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.

See Also: Check Kiting In The Digital Age

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.

About the Author

Tom Field

Tom Field

Senior Vice President, Editorial, ISMG

Field is responsible for all of ISMG's 28 global media properties and its team of journalists. He also helped to develop and lead ISMG's award-winning summit series that has brought together security practitioners and industry influencers from around the world, as well as ISMG's series of exclusive executive roundtables.

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