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

Receivable Savvy Founder To Chair Fed’s B2B Payment Group

Receivable Savvy Founder To Chair Fed’s B2B Payment Group
Receivable Savvy Founder To Chair Fed’s B2B Payment Group
January 11, 2017  |  B2B Payments

The founder and managing director of Receivable Savvy, Ernie Martin, will reportedly lead a sub-group under the Federal Reserve Bank of Minneapolis’ Business Payments Coalition,...

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Economic Growth Under Trump, No Surge, Says Fed
Economic Growth Under Trump, No Surge, Says Fed
January 05, 2017  |  Investments

Economic growth may pick up a bit during the Trump era, but don’t count on a rocket-fueled rally in GDP acceleration. Get the Full Story...

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Regs Give Small Banks A Break On Paperwork
Regs Give Small Banks A Break On Paperwork
January 03, 2017  |  B2B Payments

U.S. regulators are apparently giving smaller banks a bit of a break when it comes to reporting requirements. Get the Full Story Complete the form...

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Credit And Debit Cards Account For More Than Two-Thirds Of US Payments
Credit And Debit Cards Account For More Than Two-Thirds Of US Payments
December 23, 2016  |  Consumer Insights

Credit and debit card payments are continuing to increase in terms of usage, with the Federal Reserve finding credit and debit card payments accounted for...

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Speed Bumps Loom For Stocks In 2017
Speed Bumps Loom For Stocks In 2017
December 21, 2016  |  Investments

Stocks are at, or near, depending on the day, all-time highs. Call it the Trump effect or optimism about the U.S. economy. Get the Full Story...

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Beyond The Fed, What’s Next For Market
Beyond The Fed, What’s Next For Market
December 15, 2016  |  Investments

The Fed’s decision is finally in. As had been widely, if not almost universally, expected, the Federal Reserve Bank boosted its benchmark rate today, the...

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Fed Governor Warns FinTechs Against Social Media Underwriting
Fed Governor Warns FinTechs Against Social Media Underwriting
December 06, 2016  |  Legal & Regulation

FinTechs that want to use data from social media for credit underwriting got a warning from Federal Reserve Governor Lael Brainard, who said they could run...

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For Jobs Report, Glass Half-Empty or Half-Full?
For Jobs Report, Glass Half-Empty or Half-Full?
December 02, 2016  |  Markets

The first jobs report post the surprise (and for many, shock) of Donald Trump’s election can be viewed, as so much in life and in...

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