S&O General
This group formulates policies to make FedCash operations and the cash supply chain more efficient, cost-effective, and ready for various future cash volume scenarios. The team also conducts research to deepen the Fed's understanding of how changes in the payments landscape in the U.S. could influence future demand for cash.
What is Strategy and Operations?
This individual is the Director of Finance, Communications, Administration, and Governance.
Who is Margaret Riley?
This individual is the Vice President of Market, Quality, and Policy Analysis.
Who is Barbara Bennett?
This individual is the Director overseeing Product Management Strategic Direction.
Who is Doug Conover?
Increasing reliance on __________ to function throughout the cash handling industry may create a significant risk in both the transportation and outsourced cash vault market.
What are Armored Carriers (ACs)?
The Federal Reserve communicates information about FedCash® Services to these entities through the FRBServices.org website. They can can access forms, policy information, procedures, and latest news from this site.
What are Depository Institutions (DIs)?
This team is responsible for maintaining a consistent Visual Identity System for the CPO (e.g. PowerPoint templates, business cards, and business documents)
What is CPO Communications?
The CPO conducts market analysis and research on the purchase and payment behavior of this group of individuals.
What are U.S. consumers?
The Federal Reserve Bank has several of these arrangements in place to facilitate the storage of currency and coin throughout the System. For example, the CPO and Reserve Banks have established partnerships with various armored carriers to ensure efficient distribution of currency and coin to depository institutions across the country
What are Offsite Locations?
As retail recirculation increases, there is a risk of insufficient __________ sorting of currency in circulation.
What is fitness?
The CPO initiated this multi-year initiative to refresh the long-term business strategy for FedCash Services in alignment with a broader System effort to update the strategic direction of Federal Reserve Financial Services.
What is Strategic Refresh?
This team coordinates the development of the CPO’s Nationally Provided Support Service (NPSS) budget and multi-year forecasts, and they oversee the planning, reporting, and monitoring of significant National Cash Automation (NCA) programs and asset management.
What is CPO Finance?
This survey is designed to study the purchase and payment behavior of U.S. consumers.
What is the Diary of Consumer Payment Choice?
This team represents the voice of Reserve Bank Cash stakeholders and external customers to ensure that the suite of Cash applications includes the necessary and desired functionality to support the needs of the cash processing environment.
What is Application Product Management?
__________ and __________ may increase Fed volume volatility.
What is payment trends?
What is innovation?
This advisory body addresses cash operations issues and endorses initiatives and/or policy changes when appropriate.
What is Cash Advisory Group (CAG)?
This is a CPO weekly newsletter with information on recent cash application releases, CPO news, and job postings.
What is CNews?
Under this program, the CPO speaks with merchants about payment trends, including the number and value of sales by payment instrument and developments in cash handling technology.
What is Merchant Consultation Program?
This program improves inventory management and coin distribution by establishing optimal inventory ranges for each Reserve Bank market.
What is National Coin Inventory Management (NCIM)?
The future state vision, including plan and projects to implement strategic responses will take place during this quarter.
What is Q1 2019?
When unforeseeable events occur that affect the System's provision of Cash Services, this dedicated team works together with Reserve Bank offices to respond to the events.
What is Business Continuity?
This study was conducted to provide a better understanding of the Cash Services local and national cost models, analyze key cost drivers in Cash Services, and understand how those key costs have trended over time, including the influence of their redistribution methodologies.
What is Support Cost Study?
This was a market intelligence briefing published from 2014 - 2017 to provide an analysis on news, innovation, technology, and policy trends and changes in the payments system
What is Cash Horizons?
Through this program, the CPO manages the backlog days of unprocessed currency throughout the System by moving it between offices that have a lack of vault capacity to offices with excess vault capacity.
National Unprocessed Currency Management (NUCM)?
The Strategic Refresh Program reached an important milestone by publishing this paper, a key deliverable in the program's Phase III. The paper assesses the current state of the cash handling industry, including the Fed’s role in the supply chain.
What is The Current State of the Cash Supply Chain?