Payments INFORMATION AND OUTREACH OFFICE (PIOO)

Payments System

The Federal Reserve Bank of Minneapolis, along with the other 11 Federal Reserve banks, works to assure the smooth movement of funds between banks, savings and loans and credit unions through a nationwide electronic payments system. The Minneapolis bank also provides financial institutions in this bank's region with an adequate supply of coin and currency and destroys worn and damaged currency.

PIOOPIOO Mission Statement

Support the Federal Reserve Banks' mission in the payments system through effective industry outreach and payment standards development work conducted locally, nationally, and internationally.

 


2012 Payments Fraud Survey

The Federal Reserve Banks of Minneapolis, Boston, Dallas, and Richmond and the Independent Community Bankers of America conducted a payments fraud survey during April 2012. Survey results will be published this summer.

View a copy of the 2012 Payments Fraud Questionnaire


Recent reports and information by the Payments Information and Outreach Office at the Minneapolis Fed

Documents related to the Remittance Coalition, an industry effort to address problems associated with reconciling payments and remittance information effectively.