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

Who Will Lead The US To Real-Time Ubiquity By 2020?
Who Will Lead The US To Real-Time Ubiquity By 2020?
January 24, 2019  |  Faster Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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The Big Tech Canary In The Faster Payments Coal Mine
The Big Tech Canary In The Faster Payments Coal Mine
January 21, 2019  |  Faster Payments

There’s a canary in the faster payments coal mine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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NY Fed President: Gov’t Shutdown Could Hinder Economic Growth
NY Fed President: Gov’t Shutdown Could Hinder Economic Growth
January 18, 2019  |  Economy

While the Fed has hinted that it has been adjusting its U.S. economic outlook due to turmoil in the markets as well as decelerating expansion...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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Retailers Reconsider Big Moves Amid Economic Uncertainty
Retailers Reconsider Big Moves Amid Economic Uncertainty
January 15, 2019  |  Retail

With the possibility of a potential recession looming, among other factors, retailers may be rethinking major decisions. They are also said to be waiting to...

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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
January 15, 2019  |  B2B Payments

Concerns over IT and cyber risk may be speed bumps for FinTechs desiring a national stage, as the Fed eyes access to the nuts and...

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Five At Five: Amazon’s New Cashback Idea
Five At Five: Amazon’s New Cashback Idea
January 14, 2019  |  Amazon Profile

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Amazon to attract...

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FinTechs Want Access To Fed’s Payment Systems, Settlement Services
FinTechs Want Access To Fed’s Payment Systems, Settlement Services
January 14, 2019  |  Digital Banking

At a time when the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. are looking at giving federal bank licenses...

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Lyft, Uber, Postmates Recruit Gov’t Workers
Lyft, Uber, Postmates Recruit Gov’t Workers
January 14, 2019  |  Personnel

Gig economy companies such as Lyft, DoorDash and Postmates are looking to hire federal workers during the government shutdown. Get the Full Story Complete the form...

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