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 To Insist On Realtime Payments
Federal Reserve To Insist On Realtime Payments
September 10, 2014  |  News

The Federal Reserve banks have prepared a multi-year plan that will a realtime payment system in the U.S., according to a report in The American...

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Millennial Power-Users Are Shaking Prepaid Assumptions, Says Philly Fed Study
Millennial Power-Users Are Shaking Prepaid Assumptions, Says Philly Fed Study
September 09, 2014  |  In Depth

High-income Millennials are rapidly dismantling the idea that prepaid cards are only for lower-income and unbanked users in the U.S. That’s the conclusion of a...

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Does Mobile Payments Need To Be Regulated?
Does Mobile Payments Need To Be Regulated?
September 08, 2014  |  In Depth

How should one regulate the mobile payments marketplace?  Does it even need more regulation, given that the banking, tech and card services companies that comprise...

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Bitcoin-based Crowdfunding Raises $125K for Assassination
Bitcoin-based Crowdfunding Raises $125K for Assassination
May 07, 2014  |  News

This particular website is only accepting bitcoins to protect the identity of crowdfunders and assassins through their financial transactions.

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