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

Retailers Reconsider Big Moves Amid Economic Uncertainty

Retailers Reconsider Big Moves Amid Economic Uncertainty
Retailers Reconsider Big Moves Amid Economic Uncertainty
January 15, 2019  |  Retail

With the possibility of a potential recession looming, among other factors, retailers may be rethinking major decisions. They are also said to be waiting to...

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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
January 15, 2019  |  B2B Payments

Concerns over IT and cyber risk may be speed bumps for FinTechs desiring a national stage, as the Fed eyes access to the nuts and...

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Five At Five: Amazon’s New Cashback Idea
Five At Five: Amazon’s New Cashback Idea
January 14, 2019  |  Amazon Profile

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Amazon to attract...

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FinTechs Want Access To Fed’s Payment Systems, Settlement Services
FinTechs Want Access To Fed’s Payment Systems, Settlement Services
January 14, 2019  |  Banking

At a time when the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. are looking at giving federal bank licenses...

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Lyft, Uber, Postmates Recruit Gov’t Workers
Lyft, Uber, Postmates Recruit Gov’t Workers
January 14, 2019  |  Personnel

Gig economy companies such as Lyft, DoorDash and Postmates are looking to hire federal workers during the government shutdown. Get the Full Story Complete the form...

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Regs To Banks: Go Easy On Govt Workers
Regs To Banks: Go Easy On Govt Workers
January 11, 2019  |  Loans

As Friday (Jan. 11) came and went and government workers affected by the 21-day shutdown didn’t receive paychecks, U.S. banking regulators asked lenders to help...

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US Corporate Debt Outpaces Economic Growth
US Corporate Debt Outpaces Economic Growth
January 11, 2019  |  B2B Payments

The value of debt held by U.S. corporations is now growing faster than the economy, and businesses are struggling to make their interest payments, according...

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Fed: Extended Shutdown Could Be Bad For Economy
Fed: Extended Shutdown Could Be Bad For Economy
January 10, 2019  |  Economy

Federal Reserve Chairman Jay Powell said that an extended government shutdown could be damaging to the U.S. economy, according to a report in Financial Times....

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