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 Exploring ‘Hypothetical’ Digital Currency With MIT

Fed Exploring ‘Hypothetical’ Digital Currency With MIT
Fed Exploring ‘Hypothetical’ Digital Currency With MIT
August 14, 2020  |  Cryptocurrency

Digital dollars on the horizon? Maybe – but first comes a focus on policy. Get the Full Story Complete the form to unlock this article...

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Fed Officials: Economy Unlikely To Recover Before Vaccine Is Available
Fed Officials: Economy Unlikely To Recover Before Vaccine Is Available
August 12, 2020  |  Economy

Federal Reserve officials said they don’t think the economy is coming back in full until the pandemic is contained, Reuters reported. Get the Full Story...

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Why FedNow, Postal Banking Might Find Spotlight in November Election
Why FedNow, Postal Banking Might Find Spotlight in November Election
August 11, 2020  |  Financial Inclusion

The presidential race is now, finally, and fully, on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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FedNow Hit With Resistance From Smaller FIs
FedNow Hit With Resistance From Smaller FIs
August 11, 2020  |  B2B Payments

This week’s roundup of payment rail innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa’s...

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NY Fed: Tough July Gives Consumers Sour Outlook On Jobs, Finances
NY Fed: Tough July Gives Consumers Sour Outlook On Jobs, Finances
August 10, 2020  |  Economy

Consumers in the United States began to feel a bit more pessimistic in July about their prospects, in the latest sign that the recovery from...

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Today In Payments: Western Union On An M&A Hunt; Amazon, Simon In Talks To Turn Malls Into Distribution Centers
Today In Payments: Western Union On An M&A Hunt; Amazon, Simon In Talks To Turn...
August 10, 2020  |  News

In today’s top news, Western Union is looking for merger and acquisition opportunities, and Amazon and Simon Property Group are in talks to turn empty...

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The Clearing House On The Race for Real-Time Payments In The US
The Clearing House On The Race for Real-Time Payments In The US
August 10, 2020  |  Real-Time Payments

Real time is getting ever closer to prime time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Fed’s Kashkari Advocates For New Lockdown
Fed’s Kashkari Advocates For New Lockdown
August 09, 2020  |  Economy

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and Dr. Michael Osterholm, director of the Center for Infectious Disease Research and Policy at...

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