Source: federalreserve.gov
The Federal Reserve Board on Thursday (May 19) finalized a rule that governs funds transfer over the Federal Reserve Bank’s FedNow services. The final rule...
President Joe Biden’s second nomination for the Federal Reserve’s vice chairman of banking supervision, Michael Barr, has faced some questions from the opposition, Reuters wrote...
Speaking at an event, Wells Fargo CEO Charlie Scharf said it’s almost a given that the U.S. is heading for an economic downturn, The Wall...
Goldman Sachs Senior Chairman Lloyd Blankfein said a U.S. recession is at “very, very high risk,” warning that companies and consumers alike should be ready,...
In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are...
U.S. regulators are set to rework the way banks lend money to lower-income communities. Get the Full Story Complete the form to unlock this article...
The Federal Reserve has started onboarding the first participants to the FedNow Service pilot program, beginning the instant payment service’s initial testing phase, according to...
In today’s FinTech news, freelancers and creators are getting paid faster with Stripe Connect, while the Federal Reserve is opening up master accounts to more...