Todd M. Albers, Senior Payment Consultant, Federal Reserve Financial Services

Todd joined the Federal Reserve Bank in 2016, where his duties include research and coordinating initiatives with industry stakeholders in B2B payment efficiency, standards, and electronic invoicing.  He is the convener of the Business Payments Coalition e-Invoice Market Pilot Work Group.  He also participates in several standard development organizations, including:

  • ASC X9
  • ASC X12
  • ISO 20022 – Payments Standard Evaluation Group
  • OASIS – Universal Business Language (UBL) and Business Document Exchange (BDXR) Technical Committees

Todd’s background includes 20+ years in the Financial Services and Technology Industry; where he was responsible for strategy and new product development for products including electronic accounts payable (EAP), electronic invoice presentment and payments (EIPP), commercial credit cards, and expense report management solutions.  Also, he has experience in business process reengineering and deploying ERP solutions supporting the procure-to-pay process in manufacturing.