It’s now official. The Fed plans to build its own instant clearing and settlement rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
The Fed wants payments to move faster — and quickly. In the latest issue of the Faster Payments Tracker™, a PYMNTS and NACHA collaboration, Connie Theien, senior vice president of payments industry relations at the Federal Reserve and Janet Estep, CEO of NACHA, discussed the...
The United States hasn’t had a new payment system for 40 years – until now. And, now that the U.S. has had a taste of faster payments, the country’s Federal Reserve wants to push the industry even further into the future. Get the Full Story...
When the Federal Reserve ticked the interest rate up to 0.25 for the first time in a decade last December, it was something of big moment — it was the first time the rate has been above zero in almost a decade. Get the Full Story Complete...
August 09, 2021
If done right, the expansion into high value, real-time B2B payments will be a “huge game changer,” Reserve Trust CEO Dave Wright told PYMNTS, pointing to the multi-trillion dollar opportunity that exists to digitize, modernize and democratize this largely untapped slice of the market. Get the Full Story Complete the form to unlock this article […]
August 06, 2019
It’s now official. The Fed plans to build its own instant clearing and settlement rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
September 13, 2016
When the Federal Reserve ticked the interest rate up to 0.25 for the first time in a decade last December, it was something of big moment — it was the first time...
June 08, 2016
On Tuesday (June 7), U.S. regulators issued a stern warning to banks to be on the lookout for cyberthreats in the aftermath of the Bangladesh cyberheist, where $81 million was taken without a trace from the central bank’s account at the NY Fed. Get the Full Story Complete the form to unlock this article and enjoy […]
June 02, 2016
Between 2011 and 2015, the U.S. Federal Reserve was targeted in more than 50 cyberattacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
December 14, 2015
The holiday shopping season is in full swing, with sales results showing that, so far, U.S. consumers are opening their wallets to make the most of it. Get the Full...
February 03, 2015
On Jan. 26, the Federal Reserve released their plans to explore faster payments more in depth, with a potential release of their study on Feb. 24-26 at the Eastpay Conference in Orlando....
