Federal Reserve Board

242 results about this entity

Period: 17 Feb 2006 - 26 Jul 2024

US regulators set out new cybersecurity standards

US regulators have set out plans to strengthen the way they oversee big banks in a bid to protect the country's financial system in the event of a major cyberattack or technology failure.

Fed paying close attention to 'significant' blockchain

Distributed ledger technology may be the "most significant development in many years" for payments, clearing and settlement, according to a Federal Reserve governor who says that the central bank will publish its own blockchain paper later this year.

Fed task forces examine faster payments proposals

America's journey towards faster payments inches along, as 500-odd members of two national task forces begin the process of reviewing 19 proposals from industry players.

Fed launches Facebook page

Following in the footsteps of grandmothers everywhere, the Federal Reserve Board has joined Facebook, setting up a page to share news and educational content.

Swift forms High Value Payments taskforce for ISO 20022

Swift is to push the gospel of global interoperability for the ISO 20022 messaging standard to the very top of the payments food chain with the formation of a High Value Payment taskforce comprised of global banks and major market infrastructure providers.

BNP Paribas Securities Services hooks up to FedLine

BNP Paribas Securities Services announced today that it is now a direct securities participant to the Federal Reserve through FedLine, the Federal Reserve’s online financial services information and payment service.

NY Fed steps up monitoring of Swift transactions

It is important to note that the recent incident with the Bangladesh Bank was not caused by a breach or compromise of the New York Fed’s systems.

Dwolla submits real-time payments proposal to Fed task force

Dwolla, an all digital bank transfer payment system, announced today that it submitted a faster payments proposal to the Federal Reserve-chartered Faster Payment Task Force for review and assessment.

Bangladesh Bank hack costs Philippines bank chief's job; Swift hits back at 'false' allegations

The president of Philippines-based Rizal Commercial Banking Corp (RCBC) has resigned despite being cleared by an internal investigation into the bank's connection with the $81 million Bangladesh Bank hacking scandal.

The Clearing House and FIS submit proposal to Fed faster payments task force

The Clearing House (TCH), in conjunction with FIS, late last Friday submitted a proposal for evaluation of its Real-Time Payments (RTP) system to the Federal Reserve’s Faster Payments Task Force.

Fed Governor warns of unintended consequences of distributed ledger adoption

Legacy technology and interoperability could be the stumbling blocks to widespread uptake of distributed ledgers in the financial markets, creating unintended consequences for the efficient functioning of markets, a Federal Reserve Bank governor has warned.

Fintechs warned: If it walks like a duck and quacks like a duck, it should be regulated like a duck

The president of the San Francisco Fed has hailed the potential of Silicon Valley fintech startups to transform financial services but warned them that they must expect to be regulated like old-fashioned banks.