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

Consumer Credit Climbed In February

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

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  |  Cybersecurity

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  |  Legal & Regulation

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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