Discover all the Company news on Federal Reserve and other articles related to Federal Reserve in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on Federal Reserve and other articles related to Federal Reserve in The Paypers News,
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The Federal Reserve Board has announced its approval of the application by OakNorth Bank in order to establish a representative office in New York.
product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
The Federal Reserve Bank of Philadelphia has mandated that Customers Bancorp address significant deficiencies in its AML practices.
AML, banks, regulation, payments , digital assets
The US Federal Reserve has recently announced that it fined US-based fintech Green Dot a staggering USD 44 million for several ‘unfair and deceptive practices’, as well as deficient risk management.
BaaS, regulation, financial services, financial data, debit card, credit card, credit access, money transfer, Open Banking, banking, mobile banking
The Federal Reserve Board has released a summary of an exploratory pilot Climate Scenario Analysis (CSA) exercise conducted with six major US banks.
research, study, banks, climate, risk management
The Federal Reserve Financial Services (FRFS) has announced the establishment of a FedNow User Group for financial institutions and their service providers.
product launch, financial institutions, financial services, instant payments
API solutions provider Orum has announced that it went live with FedACH, the Federal Reserve’s automated clearing house service, and it is set to add FedNow and FedWire solutions.
payments , FedNow, payment facilitator, payments orchestration, financial institutions, bank account
The Federal Reserve Financial Services has launched a new ACH risk management service to help financial institutions in their fraud detection efforts.
risk management, fraud management, product launch, financial services, financial institutions
US-based payments platform Modern Treasury has launched instant microdeposits leveraging the Federal Reserve's FedNow and Real-Time Payments.
product launch, B2B payments, real-time payments, customer experience
Federal Reserve has released market practices to advance standardised implementation of the request for payment (RFP) feature of instant payments.
real-time payments, instant payments, Request to Pay, financial services, financial institutions
Cloud-native account-to-account (A2A) platform Form3 has completed testing and certification for the FedNow Service, the Federal Reserve’s instant payment offering.
certification, FedNow, fintech, paytech, banking, financial services, instant payments, payment methods
The Federal Reserve has announced that the FedNow Service, its new system for instant payments, has gone live in the US.
product launch, banking, fintech, paytech, instant payments, cloud, financial services, FedNow, payment methods
Deutsche Bank has received a USD 186 million fine from the US Federal Reserve for failing to address its money-laundering control issues.
financial services, compliance, banks, money laundering, AML
Financial technology platform Adyen has completed testing and certification for the FedNow Service, the Federal Reserve’s instant payment infrastructure launching in July 2023.
certification, FedNow, fintech, paytech, payout, real-time payments, banking, payments
Financial software applications and marketplaces provider Finastra has completed testing and certification for the FedNow Service, the Federal Reserve’s instant payment service.
payments , certification, FedNow, instant payments, payment methods, financial institutions, PaaS, cloud services, cloud payments, banking, fintech, paytech, ecommerce
The Federal Reserve has issued its latest statement from the Federal Open Market Committee (FOMC) meeting, revealing key insights into the current state of the economy and the stance of monetary policy.
banks, inflation
US-based fintech company Jack Henry has announced that it will contribute to the launch of the Federal Reserve’s payment network, the FedNowSM Service.
partnership, online banking, digital banking, mobile banking, banking, financial services, financial institutions
On March 29, 2023, Vice Chair for Supervision Barr has submitted identical remarks to the Committee on Financial Services, US House of Representatives, addressing the Federal Reserve's supervisory and regulatory oversight of Silicon Valley Bank (SVB).
regulation, banks
OCR Labs has been featured in the Federal Reserve’s FedNow Service Provider Showcase, an online resource that connects FIs looking to adopt and innovate the FedNow Service.
FedNow, instant payments, digitalisation, identity verification, fintech
The US Federal Reserve Bank has published a new paper in which it looks closely at Bitcoin and its lack of response to most macroeconomic news.
study, banks, cryptocurrency, digital assets, Bitcoin
The Federal Reserve, FDIC and OCC have released a joint statement in order to warn banks about the risks associated with crypto assets.
cryptocurrency, digital assets, banks, regulation