Mike Timoney is Vice President of Payments System Improvement at Federal Reserve Financial Services, where he works to strengthen the security and resilience of the U.S. payments system. His work focuses on payments fraud, including check fraud, scams, account takeover, and emerging threats linked to new payment technologies. With more than 20 years of experience in payments fraud, Mike holds both the Certified Fraud Examiner (CFE) and Certified Treasury Professional (CTP) credentials. Before specializing in fraud, he worked in corporate payments, giving him a broad understanding of how businesses manage and move money across the financial system. Mike collaborates with financial institutions, industry groups, and public‑sector partners to advance fraud education, research, and tools that support effective prevention and response. A frequent speaker, he brings a practical and collaborative perspective, emphasizing the importance of relationships and shared responsibility in addressing complex fraud challenges.