Portals and Rails

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How should bankers and card management processors respond?

Portals and Rails: ATM Cash-Outs: A Major Escalation The two global ATM cash-out schemes that netted a cybercrime organization a whopping $45 million are a "game changer" for the security controls of all types of card management applications.

http://goo.gl/2OrWV

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To begin the process of defining EPOs and moving toward a clear legal outcome, the Atlanta Fed recently hosted the EPO Forum with payments industry...

Retail Payments Risk Forum: A Summary of the Electronic Payment Order Forum The electronic payment order (EPO) does not fit neatly into the current legal or regulatory payments infrastructure.

SouthPoint - Nashville's Music City Center: If You Build It, They Will Come

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Borrowing and slightly altering a line from the movie Field of Dreams somewhat applies to Nashville’s high expectations for its new...

The opening of Nashville’s new convention center has quickened the tempo of Music City’s economy, with meetings already booked there through 2026. SouthPoint takes a look at the potential economic impact of the facility and why it has city leaders singing a happy tune.

Job of the Week

For more information or to apply, please visit our website. (Refer to job number 231831.)

Atlanta Fed Job of the Week: Senior PC Support Specialist Under limited direction, you will provide technical assistance to laptop, desktop, and Blackberry users. Troubleshoot and resolve problems, ensure correct operation of PCs, and identify and repair microcomputer hardware and peripheral components. We prefer that you have three or more years of experience. You should have knowledge of networking and wireless as well as PC security.

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Did the national economy live up to expectations in 2012? Learn more in the Atlanta Fed’s annual report. http://goo.gl/Qw9Ga

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Did you miss this year’s Financial Markets Conference? We’ve posted in-depth videos with speakers and transcripts from the conference. http://goo.gl/TLRdL

Deflation Probabilities Still Zero

One measure of the probability of deflation for the 2012-17 period is 0 percent, where it has been most days since early February this year. The 2013-18 deflation probability, based on the 5-year TIPS issued last month and the 10-year TIPS issued in July 2008, is also 0 percent.

Economic & Financial Highlights

See the latest data on manufacturing, retail sales, and more.

Weekly Economic and Financial Highlights: May 15, 2013 Overall industrial production fell 0.5 percent in April, and core retail sales increased at a 6.2 annual rate in the same month.

macroblog: Labor Costs, Inflation Expectations, and the Affordable Care...

The Atlanta Fed’s May survey of businesses showed little overall concern about near-term inflation. Year-ahead unit cost expectations averaged 2...

Businesses large and small necessarily anticipate factors that affect their costs, including labor costs and price increases. A new macroblog post parses recent survey results that asked regional businesses to look into their crystal balls for the next 12 months.

The Atlanta Fed hosted a gathering of HBCU presidents and corporate leaders in January as part of our larger system initiative to address workforce development issues. View photos of this event and read more about it on our website: http://goo.gl/E1Vkg

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University and college presidents with Fed Governor Sarah Bloom Raskin

Sticky Price CPI Growth Rose in April

The Atlanta Fed's sticky-price consumer price index (CPI) measure--the measure of the weighted basket of goods consumers purchase that change prices relatively infrequently--rose 0.8 percent (annualized) in April, following 1.8 percent growth in March. The 12-month change in the index was 2 percent....

Atlanta Fed president Dennis Lockhart welcomes college and university presidents and distinguished guests

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The Atlanta Fed hosted a gathering of HBCU presidents and corporate leaders in January as part of our larger system initiative to address workforce development issues. View photos of this event and read more about it on our website: http://www.frbatlanta.org/news/conferences/13hbcu_workforce_dev.cfm

The Fed Explains Regional Banks

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The latest in the Atlanta Fed's animated video series explains how the U.S. central bank's regional structure helps gather grassroots information about economic conditions across the nation.