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

FIS Earns Certification to Enable Send Capabilities in FedNow Service

FIS Earns Certification to Enable Send Capabilities in FedNow Service
FIS Earns Certification to Enable Send Capabilities in FedNow Service
February 04, 2025  |  Real-Time Payments

FinTech company FIS said Tuesday (Feb. 4) that it is now certified to enable send capabilities for credit transfers in the FedNow® Service. Get the...

READ MORE >
Coinbase Pushes US to Pave Way for Bank-Crypto Partnerships
Coinbase Pushes US to Pave Way for Bank-Crypto Partnerships
February 04, 2025  |  Cryptocurrency

Coinbase is reportedly lobbying American regulators to make bank-cryptocurrency partnerships more feasible. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?
Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?
February 03, 2025  |  CFPB

At the Consumer Financial Protection Bureau, a sizable shoe has dropped. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Synchrony Looks to Best Rate Cut Environment With Innovation Mix
Synchrony Looks to Best Rate Cut Environment With Innovation Mix
January 28, 2025  |  Earnings

The consumer financing landscape is a dynamic one, where both strategy and execution are the key guardrails of success for financial service businesses. Get the...

READ MORE >
Proposed Bank Charter Processes and Bureaucracy Draw Criticism
Proposed Bank Charter Processes and Bureaucracy Draw Criticism
January 27, 2025  |  Bank Regulation

FinTechs are being effectively shut out of the process through which they can become players and introduce innovation within the traditional banking system — and...

READ MORE >
Financial Services Lawyers Call for Simpler Path to Bank Charters
Financial Services Lawyers Call for Simpler Path to Bank Charters
January 27, 2025  |  Bank Regulation

A faster, simpler path to obtaining bank charters would foster innovative financial services, keep this activity within the regulatory perimeter and enhance competition, Klaros Group...

READ MORE >
American Express to Pay $230 Million to Settle Investigations Into Sales Practices
American Express to Pay $230 Million to Settle Investigations Into Sales Practices
January 16, 2025  |  Credit Cards

American Express said Thursday (Jan. 16) that it expects to pay $230 million to settle previously disclosed investigations by the U.S. Department of Justice and...

READ MORE >
Atlanta Fed: Stablecoins ‘Moving Into the Mainstream’
Atlanta Fed: Stablecoins ‘Moving Into the Mainstream’
January 15, 2025  |  Cryptocurrency

The “foundation is forming” for stablecoins to become a universal payment method, Chris Colson, payments expert at the Federal Reserve Bank of Atlanta, wrote in...

READ MORE >