Tax season is about to begin, and it is important to act now to monitor your payments. Federal Reserve Financial Services (FRFS) can help financial institutions protect against financial losses and avoid overnight overdrafts with tools and support that they need to handle issues. They specifically recommend that institutions:

• Help mitigate fraud with FedDetect® Notification Services
• Prepare for cash management needs with the FedPayments® Insights Service for FedACH Services
• Respond to non-receipt claims with the Exception Resolution Service

Click Read More below to see the complete article from Fed360.