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

Zently Raises $1.6M, Launches Expense-Sharing Feature
Zently Raises $1.6M, Launches Expense-Sharing Feature
July 13, 2017  |  Investments

Zently, a tech startup with a mobile app for renters that helps them pay on time and flags issues for the landlord, has recently raised...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Quarles To Be Appointed As New Fed Bank Regulator By Trump
Quarles To Be Appointed As New Fed Bank Regulator By Trump
July 11, 2017  |  Politics

In a move that partially remakes the Federal Reserve — or at least its purview over regulations that affect the financial industry — President Donald Trump has...

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Small Business Jobs Grow, But Even-Smaller Firms Struggling
Small Business Jobs Grow, But Even-Smaller Firms Struggling
July 10, 2017  |  SMBs

How is U.S. employment stacking up? It depends on who you ask. Get the Full Story Complete the form to unlock this article and enjoy...

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Does The U.S. Faster Payment System Need A Federal Mandate?
Does The U.S. Faster Payment System Need A Federal Mandate?
July 10, 2017  |  Faster Payments

Get ready. When the Fed’s Faster Payments Task Force issues its mammoth recommendation for strengthening the U.S. payment system later this month, it’s unlikely a...

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NEW REPORT: To Mandate Or Not To Mandate? That’s The US Faster Payments Question
NEW REPORT: To Mandate Or Not To Mandate? That’s The US Faster Payments Question
July 07, 2017  |  Faster Payments

Big changes are coming to the faster payments landscape. But don’t worry about blinking and missing them, because these changes are going to stick around...

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Fed Finds ACH Surpasses Checks In Corporate Payments
Fed Finds ACH Surpasses Checks In Corporate Payments
July 05, 2017  |  B2B Payments

The Federal Reserve made news late last week when it released its newest data on consumer and business payment habits, assessed via data from 2015 compiled...

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Stock Markets Ending June On A Good Note; Bank Stocks To Lead
Stock Markets Ending June On A Good Note; Bank Stocks To Lead
June 30, 2017  |  Investments

With the month of June coming to an end, U.S. stocks were trading higher on Friday (June 30), with the S&P 500 rising 0.2 percent...

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Capital One Struggles Through Fed’s Annual Stress Test
Capital One Struggles Through Fed’s Annual Stress Test
June 29, 2017  |  Banking

Capital One Financial was the sole bank among the U.S. ones to struggle through the Federal Reserve’s annual stress tests, with the bank receiving conditional...

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