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

Federal Reserve Names New Payments Strategy Director
Federal Reserve Names New Payments Strategy Director
August 25, 2017  |  B2B Payments

The U.S. Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. The Fed first announced Dave Sapenaro as the...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story...

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PayPal Acquires Swift Financial To Expand SMB Lending Options
PayPal Acquires Swift Financial To Expand SMB Lending Options
August 11, 2017  |  Partnerships / Acquisitions

The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in...

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Will Big Banks Get a Bottom Line Boost on Deregulation?
Will Big Banks Get a Bottom Line Boost on Deregulation?
July 24, 2017  |  Bank Regulation

Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy...

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What’s Fast And Slow And Read All Over?
What’s Fast And Slow And Read All Over?
July 24, 2017  |  Payment Methods

Innovative ideas are inspired by smart people who see problems and have the conviction, capital and courage to come up with new ways to solve...

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BoA Beats Street on Consumer Biz; Mobile Use Grows
BoA Beats Street on Consumer Biz; Mobile Use Grows
July 18, 2017  |  Earnings

The second-biggest bank by assets, Bank of America, said Tuesday that earnings were up on gains in all businesses beyond trading, according to the latest...

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Current State of U.S. Consumer Confidence
Current State of U.S. Consumer Confidence
July 17, 2017  |  Retail

Since the recession of 2008, the retail industry has been in constant flux and has seen a mere two percent expansion over the last eight...

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A Third Rate Hike May Not Happen Given June CPI Results
A Third Rate Hike May Not Happen Given June CPI Results
July 17, 2017  |  Economy

The likelihood of the Federal Reserve raising interest rates for a third time this year is diminishing, given consumer prices that didn’t change in June...

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CFPB Arbitration Rule Dominates Regulatory News
CFPB Arbitration Rule Dominates Regulatory News
July 17, 2017  |  CFPB

The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and...

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