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The St. Louis, Kansas City and Chicago Federal Reserve Banks have formed an alliance with the Mid-America Payment Exchange to increase the awareness and use of electronic payments among financial institutions, corporations, nonprofit organizations and consumers.
Known as the Automated Payments Partnership, the alliance is a multiyear effort that will make use of various communication channels to promote electronic payments across Arkansas, southern Illinois, Indiana, southwestern Iowa, Kansas, Kentucky, Missouri, Nebraska and Oklahoma.
The partnership has three main goals:
For information on becoming a partner in the campaign, contact Cheryl McCarthy of the St. Louis Fed at (314) 444-8459.
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Fed in Print: An index of the economic research conducted by the Fed.