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 Role Of SMB Lending At Community Banks Is Changing

The Role Of SMB Lending At Community Banks Is Changing
The Role Of SMB Lending At Community Banks Is Changing
October 11, 2017  |  B2B Payments

Small business (SMB) lending is big business for community banks, which are a popular destination for small business borrowers, thanks to strong approval rates on...

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Fed Fines HSBC For ‘Unsafe’ Forex Practices
Fed Fines HSBC For ‘Unsafe’ Forex Practices
October 03, 2017  |  B2B Payments

The U.S. Federal Reserve levied a $175 million fine against HSBC on Friday (Sept. 29) for what it dubbed “unsafe and unsound practices” at the...

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Fed Chair Urges Banks To Revisit Controls After Equifax Breach
Fed Chair Urges Banks To Revisit Controls After Equifax Breach
September 21, 2017  |  Cybersecurity

After the Equifax data breach, the Federal Reserve wants to ensure that the banks it supervises take appropriate actions if fraudulent transactions are found or if data...

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Regulatory Tracker: Cryptocurrency Dominates Amidst Controversy
Regulatory Tracker: Cryptocurrency Dominates Amidst Controversy
September 18, 2017  |  Blockchain

Countries are monitoring cryptocurrencies as a means of cutting down on money laundering incidents. Get the Full Story Complete the form to unlock this article...

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Lenders Needed Double As Much Cash Ahead Of Irma
Lenders Needed Double As Much Cash Ahead Of Irma
September 18, 2017  |  Cash

Lenders that were in the path of Hurricane Irma in the U.S. moved to get twice as much cash as normal last week, which resulted...

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Senate Considers New OCC And Fed Leadership
Senate Considers New OCC And Fed Leadership
September 08, 2017  |  Legal & Regulation

Two of President Trump’s nominees to key financial regulatory positions were reported out of committee and await consideration by the full Senate — despite concerns...

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Fed Looks To Keep Momentum Going On Payments Improvements
Fed Looks To Keep Momentum Going On Payments Improvements
September 07, 2017  |  B2B Payments

It’s been more than two years since the Federal Reserve issued its Strategies for Improving  the U.S. Payment System paper, in which the Fed outlined initiatives...

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Credit Union Expansion Through Shared Branching
Credit Union Expansion Through Shared Branching
September 06, 2017  |  Credit Unions

Sharing has its rewards. Not just in life, but in payments and for credit unions, too. Get the Full Story Complete the form to unlock this...

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