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

Cash Use and Crypto Fears Have Countries Turning to CBDCs

Cash Use and Crypto Fears Have Countries Turning to CBDCs
Cash Use and Crypto Fears Have Countries Turning to CBDCs
February 08, 2023  |  CBDC

The way people pay for things is changing as the nature of money itself transforms. Get the Full Story Complete the form to unlock this...

READ MORE >
Finzly Launches API Giving Developers Access to FedNow Service
Finzly Launches API Giving Developers Access to FedNow Service
February 08, 2023  |  Real-Time Payments

Finzly now enables developers at platforms, FinTechs and financial institutions to access the FedNow Service. Get the Full Story Complete the form to unlock this...

READ MORE >
FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
February 01, 2023  |  Cybersecurity

The Federal Reserve’s FedNowsm Service, a new instant payments infrastructure for the nation’s financial institutions (FIs), is expected to catalyze broad access to instant payments...

READ MORE >
Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
January 31, 2023  |  Credit Cards

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 >
Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
January 23, 2023  |  Bank Regulation

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 >
Fed Wants More Information From Goldman on Marcus Risk Management
Fed Wants More Information From Goldman on Marcus Risk Management
January 20, 2023  |  Bank Regulation

The Federal Reserve is reportedly investigating Goldman Sachs’ consumer business, Marcus. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Credit Card Interest Rates Expected to Reach Average of 20.5%
Credit Card Interest Rates Expected to Reach Average of 20.5%
January 05, 2023  |  Credit Cards

Credit card interest rates are expected to average 20.5% by the end of the year. Get the Full Story Complete the form to unlock this...

READ MORE >
Agencies: Banks Must Manage Risk Around Crypto-Assets
Agencies: Banks Must Manage Risk Around Crypto-Assets
January 03, 2023  |  Cryptocurrency

Three U.S. agencies said that banks must be wary of the risks of crypto-assets. Get the Full Story Complete the form to unlock this article...

READ MORE >