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

New Fed Task Forces Aimed At Quicker, Safer Payments
New Fed Task Forces Aimed At Quicker, Safer Payments
March 19, 2015  |  News

The Federal Reserve is launching a pair of new task forces to get its real-time payments effort moving, more than two years after it began...

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JPMC Just Squeaks By Fed’s Stress Test
JPMC Just Squeaks By Fed’s Stress Test
March 06, 2015  |  News

JPMorgan Chase, which has been fighting to keep from getting smaller in the face of new capital requirements, passed the first round of the Federal...

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Merchant Advisory Group Claims No Reduction in Actual Swipe Rates Since Durbin
Merchant Advisory Group Claims No Reduction in Actual Swipe Rates Since Durbin
January 26, 2015  |  News

The Merchant Advisory Group has uncovered a serious imbalance between what debit card issuers and merchants are paying per transaction. Get the Full Story Complete...

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Fed: Loan Demand Up, Big Borrowers More Confident
Fed: Loan Demand Up, Big Borrowers More Confident
January 16, 2015  |  B2B Payments

The Federal Reserve says demand for bank loans is increasing — if only mildly — and so are credit quality and demand for banking services,...

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Consumers Borrowed More In November, But Paid Off Credit Cards
Consumers Borrowed More In November, But Paid Off Credit Cards
January 12, 2015  |  News

Consumer borrowing in the U.S. increased by $14.1 billion in November, but revolving credit-card debt fell by $946 million, according to a monthly report from...

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