Today's panel on fraud containment has been asked to identify the most common forms of retail payments fraud; the most effective fraud reduction tools, especially those pertaining to real-time payments; and approaches that payment providers and merchants take to balance fraud risk and consumer...

We develop and test the effectiveness of a theoretical governance model for general purpose payment systems (GPPS), systems that are used by individuals, businesses and merchants, and state, local and federal government entities to make and receive payments. We test for effective governance...