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

The Central Bank Conundrum On Cryptos

The Central Bank Conundrum On Cryptos
The Central Bank Conundrum On Cryptos
October 11, 2019  |  Cryptocurrency

For central banks, when it comes to cryptocurrencies, there’s no central theme. Get the Full Story Complete the form to unlock this article and enjoy...

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New Fed Rules Lower Asset Requirements For Banks
New Fed Rules Lower Asset Requirements For Banks
October 10, 2019  |  Bank Regulation

The United States Federal Reserve has passed new rules which lower the liquidity and capital requirements for most banks, as well as easing other restrictions....

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Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout May Be Delayed
Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout...
October 10, 2019  |  News

Today in the payments news roundup, average interest rates on credit cards are approaching record levels. Also, the rollout of WhatsApp Pay in India may...

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Fed Concerned Trade War Could Trigger Recession
Fed Concerned Trade War Could Trigger Recession
October 10, 2019  |  Legal & Regulation

Federal Reserve officials are worried that slowing global growth, exacerbated by the U.S.-China trade war, could sap domestic hiring and economic activity, triggering a recession,...

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Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

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Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach
Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach
September 27, 2019  |  News

Today in the payments news roundup, the U.S. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the...

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Congress Presses Fed On Real-Time Payments Plan
Congress Presses Fed On Real-Time Payments Plan
September 27, 2019  |  B2B Payments

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the...

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26 EU Central Bankers Set To Grill Libra Execs Today
26 EU Central Bankers Set To Grill Libra Execs Today
September 15, 2019  |  Cryptocurrency

Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the...

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