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

April To Be The Cruelest Month For Wall Street Payouts
April To Be The Cruelest Month For Wall Street Payouts
March 24, 2016  |  Payment Methods

On Wall Street, showing them the money is going to take a little longer. April may be a cruel month for bankers when compensation rules...

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Cyber Expert Goes Missing Post-Bank Heist Remarks
Cyber Expert Goes Missing Post-Bank Heist Remarks
March 21, 2016  |  Security & Fraud

Reuters has reported that a cybercrime maven has gone missing in Bangladesh just after talking to police and media outlets about a brazen $951 million...

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Will This Rally Be A House Of Cards?
Will This Rally Be A House Of Cards?
March 18, 2016  |  International

Stocks and commodities – especially energy – have jumped from lows seen not all that long ago. But caution would well serve those tempted to...

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Fed May Slow Hikes — But Is That A Good Thing?
Fed May Slow Hikes — But Is That A Good Thing?
March 17, 2016  |  Payment Methods

Turn your attention away from the Trumpisms, the delegate counts and whether there’s really going to be a contested nomination. Turn your attention away from...

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Foreign Banks Knock Fed’s ‘Too-Big-To-Fail’ Plans
Foreign Banks Knock Fed’s ‘Too-Big-To-Fail’ Plans
March 11, 2016  |  Regulation

A number of banks based outside of the United States have been raising opposition to proposals by the Federal Reserve to bring “too-big-to-fail” rules into...

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A Boon For Conglomerates, A Bust For SMEs
A Boon For Conglomerates, A Bust For SMEs
March 07, 2016  |  B2B Payments

It may feel unfair, but this week’s Data Digest uncovers some great news for big corporates and some bad news for the underdogs. For instance,...

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Watchdogs To Probe Feds Over Lax Wall Street Oversight
Watchdogs To Probe Feds Over Lax Wall Street Oversight
March 07, 2016  |  Security & Fraud

The regulators are about to get some watchmen of their own. As Reuters reported Friday (March 4), a watchdog agency based in the United States...

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SMEs Severely Dissatisfied With eLending Experience — Fed
SMEs Severely Dissatisfied With eLending Experience — Fed
March 05, 2016  |  B2B Payments

The Federal Reserve published the findings of its research on small business lending habits in the U.S. on Friday (March 4), and the conclusions may...

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Retail Payments Task Force: 2016 Not ‘Year Of Mobile Pay’
Retail Payments Task Force: 2016 Not ‘Year Of Mobile Pay’
February 24, 2016  |  Mobile Payments

At the end of 2015, the Retail Payments Risk Forum, which is part of the Federal Reserve, promised the payments community it would provide its...

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