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’s Beige Book Points Toward Consumer Spending Slowdown

Fed’s Beige Book Points Toward Consumer Spending Slowdown
Fed’s Beige Book Points Toward Consumer Spending Slowdown
April 19, 2023  |  Consumer Insights

Connect the data dots and a story emerges — where the Fed’s Beige Book hints at what to come. Get the Full Story Complete the...

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Stablecoin Debate Divides Along Party Lines During House Hearing
Stablecoin Debate Divides Along Party Lines During House Hearing
April 19, 2023  |  Cryptocurrency

The political parties are reportedly divided over potential congressional action on stablecoin regulations. Get the Full Story Complete the form to unlock this article and...

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Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
April 18, 2023  |  CBDC

It’s unlikely that the benefits of a central bank digital currency (CBDC) would be greater than the potential risks. Get the Full Story Complete the...

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ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch
ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch
April 18, 2023  |  Fraud Prevention

Payments company ACI Worldwide has added its fraud protection service to its Real-Time Payments Cloud. Get the Full Story Complete the form to unlock this...

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Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
April 17, 2023  |  Legal & Regulation

The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. Get the Full Story Complete the form to unlock this article and...

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Yellen Warns Banks Could Pull Back on Lending
Yellen Warns Banks Could Pull Back on Lending
April 16, 2023  |  Banking

America’s treasury secretary is warning of a tougher lending environment following two recent bank failures. Get the Full Story Complete the form to unlock this...

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Smaller Banks Join Growing Roster of FIs Readying for FedNow’s Launch
Smaller Banks Join Growing Roster of FIs Readying for FedNow’s Launch
April 12, 2023  |  Banking

The list of financial institutions — smaller banks among them — readying for real-time payments grows longer. Get the Full Story Complete the form to...

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Consumers May Pull In Spending as Outlook for Credit Access Dims
Consumers May Pull In Spending as Outlook for Credit Access Dims
April 10, 2023  |  Consumer Finance

Credit is harder to come by. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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