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

SWIFT Gears Up For Trade Via Blockchain

January 31, 2019 | B2B Payments

Financial messaging service SWIFT said this past week that it has fashioned a partnership with R3, a blockchain startup. Get the Full Story Complete the form to...

Fed, OCC, FDIC: US Bank Loan Risk On The Decline

January 25, 2019 | Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

Citizens Bank’s Corporate Real-Time Payments Play

January 25, 2019 | Real-Time Payments

Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House...

Deutsche Bank Draws Bipartisan Inquiry Over AML

January 24, 2019 | Cybersecurity

Congressional leaders on both sides of the aisle are looking for answers about money laundering issues at Deutsche Bank, especially after reports that its U.S....