Source: federalreserve.gov
The pandemic has accelerated real-time payments’ (RTP) expansion, with businesses, banks and consumers seeking ways to send and receive funds as swiftly and as easily...
The number of businesses that permanently closed during the first year of pandemic fell short of widespread concerns, Federal Reserve economists have concluded in a...
The Federal Reserve’s latest weekly survey showed that the 25 largest banks in the U.S. reduced their loan-to-deposit ratio to 53.9 percent, the lowest in...
In an interview with CBS, Federal Reserve Chairman Jerome Powell sees signs for optimism in the economy ahead — though only under some conditions. Get...
The Federal Reserve continues to make headway in driving payment rail innovation via the upcoming FedNow Service, as well as increasing interest in blockchain and...
Following a consensus from a panel of industry fraud experts, the Federal Reserve is introducing a uniform definition of what constitutes synthetic identity fraud (SIF)....
The Federal Reserve’s FedNow program, intended to streamline the clearing and settlement process, will be tested by five Northern California regional banks and three credit...
The U.S. Federal Reserve on Wednesday (March 31) released message specifications for its instant payment service, FedNow. Set by the International Organization for Standardization, or...