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

Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
February 06, 2024  |  Consumer Finance

The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly...

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As Banks Tighten Lending, Are Private and Alternative Credit Channels Gaining Ground?
As Banks Tighten Lending, Are Private and Alternative Credit Channels Gaining Ground?
February 05, 2024  |  Loans

The banks continue to tighten, the traditional channels are tougher to navigate in the commercial lending space. And against a backdrop where smaller firms are...

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Banks Report Tighter Standards, Lower Demand for Lending in Q4
Banks Report Tighter Standards, Lower Demand for Lending in Q4
February 05, 2024  |  Banking

Banks tightened their standards on loans to both businesses and households in the fourth quarter. They also saw lower demand for lending during that period,...

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Debate Over Debit Interchange Caps Set to Heat Up as Commentary Deadline Is Pushed Out
Debate Over Debit Interchange Caps Set to Heat Up as Commentary Deadline Is Pushed Out
January 24, 2024  |  Bank Regulation

The debate over debit card interchange fees — and the cap on those fees — looks set to rage for at least a few more...

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Federal Reserve Extends Comment Period on Interchange Fee Proposal
Federal Reserve Extends Comment Period on Interchange Fee Proposal
January 23, 2024  |  Bank Regulation

The Federal Reserve Board has extended the comment period on its interchange fee proposal. Originally set to end on Feb. 12, the comment period is...

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Consumers Feeling Better About Inflation — Will They Feel Comfortable Spending?
Consumers Feeling Better About Inflation — Will They Feel Comfortable Spending?
January 19, 2024  |  Economy

Headed into the new year, consumers are confident about the economy, and about overall trends in inflation. As reported by the University of Michigan’s survey of...

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Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings...

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Fed’s Beige Book Says Holiday Spending Met or Exceeded Expectations
Fed’s Beige Book Says Holiday Spending Met or Exceeded Expectations
January 17, 2024  |  Economy

Economic activity in the United States remained relatively stable from mid-November through December.  While a majority of the 12 Federal Reserve Districts reported little or...

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Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
January 15, 2024  |  B2B Payments

The thing about traditional B2B payment methods is that they tend to be rather … traditional. That includes paper checks, which remain tied to 40% of...

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