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

Report: Silvergate Works With FDIC Help to Stay Afloat

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...

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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...

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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...

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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....

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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...

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Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
March 02, 2023  |  Cryptocurrency

Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. Get the Full Story Complete the form to...

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Goldman Sachs Reveals Multi-Agency Credit Card Probe
Goldman Sachs Reveals Multi-Agency Credit Card Probe
February 27, 2023  |  Bank Regulation

A federal investigation into Goldman Sachs’ credit card business has apparently expanded. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Two Candidates Reportedly Leading in Consideration for Fed Vice Chair
Two Candidates Reportedly Leading in Consideration for Fed Vice Chair
February 23, 2023  |  Legal & Regulation

Two candidates are reportedly leading in consideration for vice chair of the Federal Reserve. Get the Full Story Complete the form to unlock this article...

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