Federal Reserve Board

244 results about this entity

Period: 17 Feb 2006 - 04 Nov 2024

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Bitcoin not a threat to banking system...yet

Bitcoin not a threat to banking system...yet

Bitcoin is still more of a curiosity than a threat to the banking system but in the long term the crypto-currency could have a pronounced impact on payments, according to a group of advisers to the US Federal Reserve.

Cash is here to stay says US Federal Reserve

Cash is here to stay says US Federal Reserve

While Finextra Future Money delegates debate the future of cash and the UK's Halifax predicts its slow decline, the Federal Reserve Banks release fresh data which shows that US consumers choose to use notes and coins more frequently than any other payment instrument, including debit or credit cards

Americans switch from cheques to cards - Fed

Americans switch from cheques to cards - Fed

Card payments have soared in popularity in the US over the last 10 years and now account for more than two thirds of all non-cash payments, according to Federal Reserve figures.

Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

Mt. Gox has filed for bankruptcy protection, a lawyer for the beleaguered bitcoin exchange told a news conference today. Meanwhile, new Federal Reserve chair Janet Yellen has said that the central bank has no authority to regulate the crypto-currency.

Brit charged with hacking US Fed's computer servers

Brit charged with hacking US Fed's computer servers

A British man has been charged with hacking into the US Federal Reserve computer servers, stealing the personal information of users and publishing it online.

New regs could see banks follow JP Morgan out of US pre-paid market - Fitch

New regs could see banks follow JP Morgan out of US pre-paid market - Fitch

US banks could follow JP Morgan's lead and get out of the pre-paid card business if proposed new regulatory oversight materialises, leaving the way open for the likes of American Express and Green Dot, predicts Fitch Ratings.

US Federal Reserve pushes ahead with Faster Payments planning

US Federal Reserve pushes ahead with Faster Payments planning

The US Federal Reserve Board is pushing ahead with plans to further the introduction of faster retail payments as part of a broad effort to modernise the country's payments infrastructure.

Standard Chartered client bank statements found on hacker's laptop

Standard Chartered client bank statements found on hacker's laptop

The private banking statements of 647 high-net-worth clients of Standard Chartered Bank have been found on the laptop of a hacker busted by Singapore Police.

Fed unveils new $100 bill

Fed unveils new $100 bill

A new American $100 bill designed to thwart counterfeiters will finally enter circulation this week after years of delay thanks to "production challenges".

Fed looks to faster payments and mobile technologies in policy consultation

Fed looks to faster payments and mobile technologies in policy consultation

The US Federal Reserve is soliciting public input on a set of new policy ideas intended to modernise the nation's retail payments systems and address key themes such as faster payments and mobile technology.

Half of American smartphone owners use mobile banking

Half of American smartphone owners use mobile banking

Nearly half of American smartphone owners used their handsets to access financial accounts last year, according to research from the Federal Reserve Board.

Business case for US migration to EMV called into question

Business case for US migration to EMV called into question

A senior staffer at the Federal Reserve Bank of Atlanta has queried the business case for a mass market migration to EMV-based Chip and PIN technology in the US.

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