The “foundation is forming” for stablecoins to become a universal payment method, Chris Colson, payments expert at the Federal Reserve Bank of Atlanta, wrote in...
The best laid plans of mice and men, wrote the poet Robert Burns, oft go awry. Add businesses of all sizes to that roster, as...
Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday...
The Federal Reserve Bank of Atlanta has a new first vice president and chief operating officer. Cheryl Venable, who has been with the bank since...
The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated...
Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now...
Just when the economy can’t take any more bad news, the Federal Reserve Bank of Atlanta is predicting the national gross domestic product (GDP) is...
In the U.S., cash isn’t just sticking around — at $2.3T in overall spend, it remains the most commonly used payment method among consumers. The...
Despite the flurry of new payment options – mobile wallets, wire transfers and credit and debit cards, among others – cash is continuing to sit...