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

Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

Jobs Growth Numbers Mark 100 Months Of Gains
Jobs Growth Numbers Mark 100 Months Of Gains
February 01, 2019  |  Personnel

The government shutdown was no speed bump, at least, according to the latest job numbers. Data released on Friday (Feb. 1) morning found that job...

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SWIFT Gears Up For Trade Via Blockchain
SWIFT Gears Up For Trade Via Blockchain
January 31, 2019  |  B2B Payments

Financial messaging service SWIFT said this past week that it has fashioned a partnership with R3, a blockchain startup. Get the Full Story Complete the form to...

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Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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Citizens Bank’s Corporate Real-Time Payments Play
Citizens Bank’s Corporate Real-Time Payments Play
January 25, 2019  |  Faster Payments

Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House...

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Deutsche Bank Draws Bipartisan Inquiry Over AML
Deutsche Bank Draws Bipartisan Inquiry Over AML
January 24, 2019  |  Security & Fraud

Congressional leaders on both sides of the aisle are looking for answers about money laundering issues at Deutsche Bank, especially after reports that its U.S....

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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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