244 results about this entity
Period: 17 Feb 2006 - 04 Nov 2024
News
US merchant lobby groups have filed a suit against the Federal Reserve over allegations that the US central bank caved in to bank demands to raise the cap on debit fees by including expenses that were not permissible under law.
23 November 2011
US financial institutions have been warned of the potential for rising fraud rates from the expansion of remote deposit capture technology to the retail and unbanked sector.
22 November 2011
Shares in major US issuing banks and card schemes moved up late Tuesday as the Federal Reserve issued a watered-down take on the Durbin Amendment on interchange fees, setting the cap at 21 cents per transaction, rather than the 12 cent ceiling proposed in earlier consultations.
30 June 2011
The mobile phone has the potential to offer a much more secure payment experience than bank-issued plastic cards, says the Atlanta Fed in a myth-busting blog post.
12 April 2011
Americans are increasingly turning their backs on cheques in favour of electronic payment methods, particularly debit cards, according to a study from the Federal Reserve.
09 December 2010
A Malaysian computer expert who hacked into the computer network of the Federal Reserve Bank was arrested in New York last month shortly after arriving at JFK Airport with a laptop holding more than 400,000 stolen credit and debit card numbers.
19 November 2010
The Federal Reserve Banks and Equens have processed the first transatlantic automated clearinghouse payments using a new jointly developed channel.
25 October 2010
A senior official at the US Federal Reserve has expressed alarm that the country is being left isolated by its reliance on mag-stripe cards while the rest of the world moves to more secure EMV-based Chip and PIN payment technology.
20 July 2010
Mobile payments are unlikely to take off on a large scale in the US for at least the next three years, according to an analysis by the Federal Reserve Bank of Boston.
26 May 2010
A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).
08 March 2010
The Federal Reserve Bank of New York has welcomed commitments by 14 major dealers to ramp up efforts to cut risks and improve post-trade automation and transparency in the over-the-counter derivatives markets.
03 March 2010
The increasing use of 'just-in-time liquidity' provisioning by financial market utilities (FMU) to mitigate against settlement risk poses a growing threat to future financial stability according to a study conducted by the Chicago Federal Reserve.
12 October 2009
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