federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Fed Official: Bitcoin Doesn’t Jeopardize The Dollar

Fed Official: Bitcoin Doesn’t Jeopardize The Dollar
Fed Official: Bitcoin Doesn’t Jeopardize The Dollar
February 16, 2021  |  Cryptocurrency

James Bullard, president of the Federal Reserve Bank of St. Louis, said he doesn’t see bitcoin and other digital currencies as a threat to the dollar,...

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Today In Payments: FIS Q4 Earnings Show Strength In Loyalty-Based POS Pipeline; Fiserv Q4 Earnings Make Digital-First Star
Today In Payments: FIS Q4 Earnings Show Strength In Loyalty-Based POS Pipeline; Fiserv Q4 Earnings...
February 10, 2021  |  News

In today’s top news, FIS reported earnings that showed a rise in POS loyalty programs, and Fiserv’s earnings focused on its digital products. Plus, Shopify’s...

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Main Street Lending Program Ends With Just $17.5 Billion Disbursed
Main Street Lending Program Ends With Just $17.5 Billion Disbursed
February 09, 2021  |  Loans

The Federal Reserve’s Main Street Lending Program, intended to give support to small- to medium-sized businesses (SMBs) during the pandemic, has only disbursed $17.5 billion,...

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Today In Payments: DoorDash Acquires Robotic Food Prep Company; RBC Says Apple Pay Should Include Crypto Functionality
Today In Payments: DoorDash Acquires Robotic Food Prep Company; RBC Says Apple Pay Should Include...
February 09, 2021  |  News

In today’s top news, DoorDash is acquiring food prep company Chowbotics, and an RBC analyst said Apple Pay should develop crypto functionalities. Plus, a report...

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Quevos, Loyalty Programs, Digital Payments Top This Week’s News
Quevos, Loyalty Programs, Digital Payments Top This Week’s News
January 29, 2021  |  The Weekender

In this week’s news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments....

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Today In Payments: Flywire Could IPO In Late 2021 With A $3 Billion Valuation; Mastercard Debuts NextGen Contactless Technology
Today In Payments: Flywire Could IPO In Late 2021 With A $3 Billion Valuation; Mastercard...
January 26, 2021  |  News

In today’s top news, Flywire could file for an IPO later this year that could value that company at $3 billion, and Mastercard debuted new...

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FedNow Details Pilot Program Participants
FedNow Details Pilot Program Participants
January 25, 2021  |  Real-Time Payments

Instant payments on the horizon — but first the pilot programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches $12 Million In Funding
Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches...
January 14, 2021  |  Banking

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup...

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