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

Regulators Say Silicon Valley Bank Depositors Will Be Covered

Regulators Say Silicon Valley Bank Depositors Will Be Covered
Regulators Say Silicon Valley Bank Depositors Will Be Covered
March 12, 2023  |  Banking

Federal regulators have thrown Silicon Valley Bank (SVB) customers a lifeline. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Signature Bank Shut Down and Placed Under FDIC Control
Signature Bank Shut Down and Placed Under FDIC Control
March 12, 2023  |  Banking

Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. Get the Full Story Complete the form to...

READ MORE >
US Household Net Worth Picks Up After Two Quarters of Decline
US Household Net Worth Picks Up After Two Quarters of Decline
March 09, 2023  |  Economy

Household net worth in the United States has grown after declining for two quarters. Get the Full Story Complete the form to unlock this article...

READ MORE >
Report: Silvergate Works With FDIC Help to Stay Afloat
Report: Silvergate Works With FDIC Help to Stay Afloat
March 08, 2023  |  Legal & Regulation

Struggling crypto-friendly bank Silvergate Capital is reportedly working with U.S. regulators to stay in business. Get the Full Story Complete the form to unlock this...

READ MORE >
Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
March 08, 2023  |  Cryptocurrency

United States bank regulators’ posture on digital assets is increasingly one of “prove it” pressure. Get the Full Story Complete the form to unlock this...

READ MORE >
India’s UPI Success May Chart Path for Real-Time Payments in the US
India’s UPI Success May Chart Path for Real-Time Payments in the US
March 07, 2023  |  Real-Time Payments

India’s United Payments Interface (UPI), the real time payments system, is showing explosive growth. Get the Full Story Complete the form to unlock this article...

READ MORE >
The Week That Broke the Bank for Crypto
The Week That Broke the Bank for Crypto
March 04, 2023  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >