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

Veterans Face New SMB Financing Challenges
Veterans Face New SMB Financing Challenges
November 09, 2018  |  SMBs

It stands as one of the most famous economic programs in U.S. history, and it helped created modern middle-class consumer culture — the same culture...

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Deep Dive: How Faster Payments Change Business As Usual
Deep Dive: How Faster Payments Change Business As Usual
November 09, 2018  |  Smarter Payments

The adoption of faster payment systems is a worldwide trend, with more than 40 countries now offering their own schemes. The following Deep Dive that...

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Fed Weighs In On Bank Liquidity Ratio (And Other) Changes
Fed Weighs In On Bank Liquidity Ratio (And Other) Changes
November 05, 2018  |  Bank Regulation

Roughly a decade on, is it time to remove some of the rules governing the financial sector that took shape in the aftermath of the...

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Vietnam’s Largest Bank May Soon Open US Branch
Vietnam’s Largest Bank May Soon Open US Branch
November 01, 2018  |  Banking

Vietnam’s biggest bank has made a significant step in becoming the first Vietnamese bank to open a branch in the United States. According to Reuters,...

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Five At Five: Facebook Makes Its Augmented Reality Move
Five At Five: Facebook Makes Its Augmented Reality Move
October 25, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a big Facebook tech move, and a...

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Banks’ Low Interest Rates Costing Them Deposits
Banks’ Low Interest Rates Costing Them Deposits
October 23, 2018  |  Banking

The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...

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Invoice Fraud Hits Microsoft?
Invoice Fraud Hits Microsoft?
October 19, 2018  |  B2B Payments

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere,...

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Retail Sales Reach $509B In September
Retail Sales Reach $509B In September
October 15, 2018  |  Retail

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 percent from August to September to reach a seasonally adjusted figure...

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Tech Stocks, Quickly Falling From Investors’ Favor?
Tech Stocks, Quickly Falling From Investors’ Favor?
October 11, 2018  |  Economy

At this writing at least, it ain’t over yet – the selling, that is. Get the Full Story Complete the form to unlock this article...

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