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

NY Fed Creates FinTech Advisory Group

NY Fed Creates FinTech Advisory Group
NY Fed Creates FinTech Advisory Group
March 26, 2019  |  Banking

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry...

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Faster Payments: Does The Fed Have A Hidden Agenda?
Faster Payments: Does The Fed Have A Hidden Agenda?
March 18, 2019  |  Real-Time Payments

“Connect the dots” is used as a metaphor to describe how a series of discrete events can explain a “big picture” – often high-impact –...

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US Fed Says Better Law Can Help Underserved Credit Areas
US Fed Says Better Law Can Help Underserved Credit Areas
March 12, 2019  |  Loans

Federal Reserve Governor Lael Brainard said on Tuesday (March 12) that a more flexible look at banks through the lens of the Community Reinvestment Act...

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Federal Reserve Eases Some Regulations On Financial Institutions
Federal Reserve Eases Some Regulations On Financial Institutions
March 07, 2019  |  Legal & Regulation

The Federal Reserve has decided to relax some of the rules imposed on financial institutions (FIs) during the Obama administration, with a trio of changes....

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US Faster Payments Council Announces Founding Sponsors
US Faster Payments Council Announces Founding Sponsors
March 06, 2019  |  Payment Methods

The U.S. Faster Payments Council (FPC), which was launched by the Fed in November, announced on Wednesday (March 6) its 20 founding sponsors, which include...

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Corporate Finance Execs Split On Threat Of Economic Recession
Corporate Finance Execs Split On Threat Of Economic Recession
March 04, 2019  |  B2B Payments

Corporate finance executives and economists are juggling a lot in today’s period of market volatility — and more change is on the way. In the...

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Bitcoin Daily: Fed Reserve Could Add Bitcoin To Stress Tests; Thai SEC Bans 3 Cryptos
Bitcoin Daily: Fed Reserve Could Add Bitcoin To Stress Tests; Thai SEC Bans 3 Cryptos
March 04, 2019  |  Bitcoin

The U.S. Federal Reserve has announced amendments to a policy statement on the scenario design framework for stress testing, which could soon include a potential cryptocurrency market...

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Number Of $100 Bills In Use Has Doubled Since 2008
Number Of $100 Bills In Use Has Doubled Since 2008
February 28, 2019  |  Cybersecurity

New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world....

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