BOSTON & BURLINGTON, Mass.--(BUSINESS WIRE)--Graber Associates announced that President Ray Graber has been added to the Consumer Payments Research Center’s (CPRC) Advisory Board at the Federal Reserve Bank of Boston. The CPRC board comprises academics, economists, payments industry professionals, consumer experts, and representatives of financial institutions, trade groups, and government regulators.
Advisory board members guide the design and application of the CPRC’s survey tools and data analysis. The CPRC conducts econometric and theoretical research on consumer payment preferences and behavior. Its mission is to contribute to public policy that maximizes the benefits to all members of the economy. The CPRC’s work includes:
- Studying demand for money and payments in order to help the Federal Reserve forecast, plan, and implement efficient supply and pricing of payment services.
- Evaluating consumers' preferences and financial literacy to help the Federal Reserve and Congress protect and support payment choices.
- Supporting industry efforts to develop new or improved payment instruments.
“Ray adds a different dimension to the board,” states Leon Majors, president of the Payments Practice at Phoenix Marketing International. “He has served as a banker, analyst, corporate treasurer, and researcher. His varied background allows him to unite seemingly disparate data into useful information that will be valuable to the group.”
“The CPRC’s research is vital to understanding consumer payments in the U.S.,” states Graber. “I was honored to be asked to join the Advisory Board. Graber Associates has worked with the CPRC in the past, and we look forward to continuing that relationship.”
Graber spent 15 years in banking with Citigroup and BankBoston (now Bank of America) and two years as treasurer for a $325M public company. He was also a senior analyst with TowerGroup and adjunct professor of banking at Boston College and Bentley University.
About Graber Associates
Graber Associates was founded in 2002 to bring expertise in banking and technology to clients in the financial services sector. The company now provides public relations, research, and marketing communications services to clients across the U.S., Europe, and Australia from its offices in Boston, London, and Burlington, MA.
