Articles with tag like: Federal Reserve

Found 11 results in 614 milliseconds.

Citizens Bank joins FedNow pilot programme

News | Online Payments | 05 Feb 2021

Citizens Bank of Las Cruces (CBLC) has announced its participation in the pilot programme for the Federal Reserve's upcoming instant payments offering, the FedNow Service.

Citizens Bank, CBLC, Federal Reserve, US, FedNow, instant payments service

Volante joins FedNow pilot programme

News | Online Payments | 02 Feb 2021

US-based fintech Volante Technologies has announced their participation in a pilot programme for the Federal Reserve's upcoming instant payments offering, the FedNow Service. 

Volante, Federal Reserve, US, FedNow, instant payments service

ACI Worldwide to participate in Federal Reserve payments service pilot programme

News | Online Payments | 26 Jan 2021

ACI Worldwide has announced that it has been selected by the Federal Reserve Bank to participate in the pilot programme for its upcoming FedNow service, a new real-time payments service. 

ACI Worldwide, Federal Reserve, US, payments service, financial institutions

US Federal Reserve chairman says US is not rushing a CBDC

News | Cryptocurrencies | 15 Jan 2021

The chairman of the US Federal Reserve has announced that the US is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar.

US Fed, CBDC, Federal Reserve, USD, banking, digital currency, centralised currency

Credit Suisse ordered to fix deficiencies in anti-money laundering controls

News | Payments General | 24 Dec 2020

The Federal Reserve has ordered Credit Suisse‘s US division to tighten its compliance programs after finding ‘deficiencies’ in the oversight of money laundering.

Federal Reserve, Credit Suisse, money laundering, compliance, BSA, AML, US

Fed creates pilot program for FedNow instant payments

News | Payments General | 22 Oct 2020

The Federal Reserve has announced the creation of the FedNow Pilot Program to support development, testing and adoption of the FedNow Service. 

Federal Reserve, instant payments, FedNow Pilot Program, US

BIS, central banks publish CBDC report laying out key requirements

News | Cryptocurrencies | 12 Oct 2020

The Bank for International Settlements (BIS) together with a group of seven central banks have published a central bank digital currency (CBDC) report laying out key requirements for CBDC.

CBDC, BIS, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank, Swiss National Bank

Deputy Treasury Secretary discusses US CBDC plans

News | Cryptocurrencies | 08 Oct 2020

The US Treasury Department has said the administration is studying a potential central bank digital currency (CBDC) tied to the dollar, alongside the Federal Reserve, the US’ central bank.

cryptocurrencies, AML, regulation, crypto, CBDC, payments, US, technology, Federal Reserve

SoFi files application to become a national bank

News | E-invoicing, SCF & E-procurement | 10 Jul 2020

SoFi, an online lender, has filed an application for a national bank charter with the Office of the Comptroller of the Currency.

SoFi, banks, online lender, lender, Office of the Comptroller of the Currency, SoFi Bank National Association, OCC, Federal Deposit Insurance, Federal Reserve, fintechs, banking

US Federal Reserve eases liquidity rules for foreign banks

News | Payments General | 14 Oct 2019

The Board of Governors of the Federal Reserve has announced it will not be forcing the US branches of foreign banks to hold a minimum level of liquid assets.

US, Federal Reserve, liquidity, liquidity rules, banking, foreign bank, North America, liquid assets, US bank branch, Dodd-Frank Act, off-balance sheet exposure

US monetary authorities to consider cryptocurrencys impact

News | Cryptocurrencies | 20 Oct 2017

The US Treasury Secretary has outlined a range of “management and performance challenges” that are anticipated to affect the Treasury Department in the coming months and years.

US Treasury Secretary, cryptocurency, US, Federal Reserve, US Mint, BEP