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

Fed Governor Warns FinTechs Against Social Media Underwriting
Fed Governor Warns FinTechs Against Social Media Underwriting
December 06, 2016  |  Regulation

FinTechs that want to use data from social media for credit underwriting got a warning from Federal Reserve Governor Lael Brainard, who said they could run...

READ MORE >
For Jobs Report, Glass Half-Empty or Half-Full?
For Jobs Report, Glass Half-Empty or Half-Full?
December 02, 2016  |  Market Conditions

The first jobs report post the surprise (and for many, shock) of Donald Trump’s election can be viewed, as so much in life and in...

READ MORE >
Sizzle/Fizzle: The Day After The Turkey Edition
Sizzle/Fizzle: The Day After The Turkey Edition
November 25, 2016  |  Sizzle/Fizzle

Stocks roared, while India’s well-meaning currency revamp hit numerous stumbles. While you work off the turkey and shake off the family squabbles, here’s this week’s Sizzles and...

READ MORE >
Federal Reserve Vice Chair Pick Looms Over Hill
Federal Reserve Vice Chair Pick Looms Over Hill
November 22, 2016  |  Bank Regulation

The parade of political appointees for the incoming Trump administration continues, and as noted in reference to the financial industry, one possible appointment looms large....

READ MORE >
Fed Stays The Course On Rates; Will Stocks Dip?
Fed Stays The Course On Rates; Will Stocks Dip?
November 22, 2016  |  Bank Regulation

The more things change, the more they may stay the same … when it comes to interest rates. Two words came from the Fed chair...

READ MORE >
The Fed Prioritizes Security As Payments Speed Up
The Fed Prioritizes Security As Payments Speed Up
November 07, 2016  |  B2B Payments

The U.S. Federal Reserve is turning heads for its attention to faster payments, but the Fed has recently announced yet another initiative in the payments...

READ MORE >
US Hiring, Wages Strong — Care to Bet on Rate Hikes?
US Hiring, Wages Strong — Care to Bet on Rate Hikes?
November 04, 2016  |  News

So the numbers are in — and by numbers, we mean the jobs numbers and wages data — and should we assume that a rake...

READ MORE >
Fed To Take A Stance On Blockchain
Fed To Take A Stance On Blockchain
October 12, 2016  |  B2B Payments

Amid all of the industry stakeholders — banks, FinTech startups and advisors — discussing the potential of blockchain, perhaps the biggest one is ready to...

READ MORE >
Jobless Claims Presage Rate Hikes? 
Jobless Claims Presage Rate Hikes? 
October 06, 2016  |  News

The jobless claims report that came through on Thursday had some implications perhaps even before the more important jobs report on Friday. Get the Full Story Complete...

READ MORE >