The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. Get the Full Story Complete the form to unlock this article...
The Federal Reserve Bank of Boston has announced the promotions of two FedNow® Service executives to senior leadership positions within the organization. Get the Full Story Complete the form to...
One surprising digital dollar asset had a great 2022, and it wasn’t cryptocurrency. Get the Full Story Complete the form to unlock this article and...
Kenneth Montgomery, first VP and chief operating officer, Federal Reserve Bank of Boston and FedNow service program executive, writes in the PYMNTS eBook “Baseline 2022:...
A digital dollar experiment by the Boston Fed and MIT was able to produce a functioning and fault-tolerant central bank digital currency (CBDC) design that...
In today’s top news, Boston’s Federal Reserve and MIT could reveal digital dollar prototypes this summer, and Jumio raised $150 million to expand its digital...
The head of the Federal Reserve Bank of Boston indicated on Wednesday (Feb. 17) that he continues to anticipate that the economy with gain momentum...
Digital dollars are a maybe – but if so, not for a while. Get the Full Story Complete the form to unlock this article and...
The Federal Reserve Bank of Boston issued a state-by-state listing of lenders accepting applications from new business customers for the Main Street Lending Program on Wednesday...