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

Federal Reserve Pushes Digital Payments Standards to Boost Adoption

Federal Reserve Pushes Digital Payments Standards to Boost Adoption
Federal Reserve Pushes Digital Payments Standards to Boost Adoption
October 14, 2021  |  B2B Payments

The Federal Reserve System, along with the Business Payments Coalition (BPC) and 115 industry organizations, is working to speed the adoption of digital payments by...

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Fed Finalizes Analysis, Report on Digital Currency
Fed Finalizes Analysis, Report on Digital Currency
October 04, 2021  |  CBDC

As soon as this week, the Federal Reserve could begin weighing the possible risks and benefits of issuing a U.S. digital currency, according to a...

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No Plans to Ban Crypto in US – But Digital Dollar May Eventually Win Out
No Plans to Ban Crypto in US – But Digital Dollar May Eventually Win Out
October 04, 2021  |  CBDC

In the United States, there will be no ban on cryptocurrencies — but one wonders what will become of central bank digital currencies, in particular...

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Fed’s Powell Says He Won’t Try To Ban Crypto
Fed’s Powell Says He Won’t Try To Ban Crypto
September 30, 2021  |  Cryptocurrency

Jerome Powell, Federal Reserve chair, has clarified previous comments about cryptocurrency, saying he doesn’t want to ban the digital currency, a Bloomberg video says. Get...

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BIS Says Central Banks Risk Playing CBDC Catch Up Game
BIS Says Central Banks Risk Playing CBDC Catch Up Game
September 12, 2021  |  Payment Methods

There’s always deep debate about how best to promote innovation in the tech space – particularly when it comes to payments. Get the Full Story...

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Early US GDP Forecast Puts Q3 Rate At 5.7 Pct
Early US GDP Forecast Puts Q3 Rate At 5.7 Pct
August 25, 2021  |  Economy

The U.S. gross domestic product (GDP), a broad measure of economic activity, grew at an annualized rate of 5.7 percent during the third calendar quarter...

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Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
August 13, 2021  |  Legal & Regulation

The deadline has passed — and what looms now is whether or not the way debit transactions are done, particularly online, will change. Get the...

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Fed’s Brainard: US Needs CBDC For International Use Cases
Fed’s Brainard: US Needs CBDC For International Use Cases
August 01, 2021  |  Digital Payments

Lael Brainard, governor of the Federal Reserve, has said there are a myriad of reasons to begin developing a central bank digital currency (CBDC), Reuters...

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