Andrés Rapela currently serves as Assistant Vice President for Secure Payments for the Federal Reserve Bank of Boston and is responsible for the design, development, and implementation of the strategy for improving security and resiliency of the U.S. payments system. This work entails collaboration with payments professionals across the financial system, and with interested stakeholders in various related industries. Rapela brings over 25 years of experience in financial services, information technology, and risk management to the Secure Payments initiative. Prior to joining the Bank, he was a vice president at Fidelity Institutional, where for eight years he led the brokerage platform technology risk management function. While at Fidelity, Rapela held several other senior leadership positions in technology, risk management, and compliance across multiple business lines.
The lack of an accepted and consistent manner for categorizing payment fraud losses has created industry-wide challenges with collecting fraud data, identifying trends and mitigating risks in a timely manner. In 2019, the Federal Reserve convened industry stakeholders from across the payments ecosystem to create the...
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. The U.S. payments and fraud landscape continues to shift as technology evolves and new risks emerge. During this session, attendees...
Andrés Rapela currently serves as Assistant Vice President for Secure Payments for the Federal Reserve Bank of Boston and is responsible for the design, development, and implementation of the strategy for improving security and resiliency of the U.S. payments system. This work entails collaboration with payments professionals across the financial system, and with interested stakeholders in various related industries. Rapela brings over 25 years of experience in financial services, information technology, and risk management to the Secure Payments initiative. Prior to joining the Bank, he was a vice president at Fidelity Institutional, where for eight years he led the brokerage platform technology risk management function. While at Fidelity, Rapela held several other senior leadership positions in technology, risk management, and compliance across multiple business lines.
Andrés Rapela currently serves as Assistant Vice President for Secure Payments for the Federal Reserve Bank of Boston and is responsible for the design, development, and implementation of the strategy for improving security and resiliency of the U.S. payments system. This work entails collaboration with payments professionals across the financial system, and with interested stakeholders in various related industries. Rapela brings over 25 years of experience in financial services, information technology, and risk management to the Secure Payments initiative. Prior to joining the Bank, he was a vice president at Fidelity Institutional, where for eight years he led the brokerage platform technology risk management function. While at Fidelity, Rapela held several other senior leadership positions in technology, risk management, and compliance across multiple business lines.
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