Progress on the Path of Payments Improvement: An Update from the Federal Reserve



Progress on the Path of Payments Improvement: An Update from the Federal Reserve

Thursday, November 21st, 2019 | 2 to 3 p.m. EST

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Tim Boike, VP of Payment Industry Relations, Federal Reserve Bank of Chicago

Description: Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. During this session, attendees will learn about the efforts of industry work groups focused on real-time payments, the Fed’s initiatives to assess any needed improvements to its services in pursuit of real-time payments, and the collaborative work to identify and mitigate payment security risks. Hear from the Federal Reserve on how you should prepare for the future of the U.S. payment system.

Speaker Biography

Tim Boike is a Vice President in the Chicago Federal Reserve’s Customer Relationship Support Office. Tim’s responsibilities include managing outreach & engagement with non-financial institutions participating in the payments ecosystem. Tim and his team seek to build new and nurture existing relationships that will ultimately provide greater insight on product and service direction for the Federal Reserve.

Prior to joining the Federal Reserve Bank, Tim spent 26 years rooted in the financial services sector with Wells Fargo and U.S. Bancorp. During that time he led teams with functional responsibilities in strategy development, project management, analytics, partnership & business development, fraud investigations and industry relations. Tim also spent a significant amount of time helping Fortune 100-size companies in their process redesign efforts to create greater efficiencies in treasury services, purchasing, and T&E departments.


Field of Study: Business Management & Organization

Program Level: Intermediate
Delivery Method: Group Internet-Based
Prerequisite: None
Advanced Preparation: None
Successful completion of this program qualifies you to receive up to 1 CPE credits.