This Federal Reserve Payments Study (FRPS) report provides estimates of payments fraud totals and rates for payments processed over general-purpose credit and debit card networks, including non-prepaid and prepaid debit card networks; the automated clearing- house (ACH) transfer system; and the check clearing system. These payment systems form the “core” of the noncash payment and settlement systems used to clear and settle everyday payments made by consumers and businesses in the United States today.



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Last Update: October 18, 2018