Federal Reserve Board

243 results about this entity

Period: 17 Feb 2006 - 02 Sep 2024

/payments

First Internet Bank joins FedNow Service pilot

First Internet Bank today announced its participation in a pilot program for the FedNow Service, the Federal Reserve’s instant payments network. This collaboration further evidences a commitment to digital banking and faster payments on the part of First Internet Bank, the nation’s first state chartered, FDIC-insured institution to operate entirely online.

/payments

Finastra joins FedNow pilot programme

Finastra announced that it has joined the Federal Reserve’s FedNow Pilot Program to support development, testing and adoption of the FedNow Service.

/payments

FedNow outlines approach to ISO 20022 specifications

The new year is off to a fast start for the FedNow Service.

/payments

Fed payments system knocked out

US Federal Reserve systems used by financial institutions to execute payments went down for several hours on Wednesday.

/payments

Fed narrows timeframe for launch of real-time payments platform

The Federal reserve has cut the launch timetable for its new real-time payment system FedNow by a full year to 2023.

/payments

More than 110 organisations lined up for FedNow pilot programme

The Federal Reserve Banks today announced that more than 110 organizations are participating in the pilot program for their upcoming instant payments offering, the FedNow Service.

US bank regulators propose cyber-security rule requiring prompt notification of a breach

Federal financial regulatory agencies today announced a proposal that would require supervised banking organizations to promptly notify their primary federal regulator in the event of a computer security incident.

/payments

EBAday 2020: It’s do-or-die time for real-time payments

Launching into the session ‘Reaping the potential of real-time payments’, Dean Wallace, director of real-time payments, digital and request to pay, ACI Worldwide argues that the expectations of the market will only continue to evolve, pressuring financial institutions to finalise their real-time payments (RTP) strategy.

/regulation

US bank regulators release paper on operational resilience

Federal bank regulatory agencies today released a paper outlining sound practices designed to help large banks increase operational resilience.

/payments

Fed seeks pilot participants for FedNow instant payments

The Federal Reserve is seeking expressions of interest from financial institutions and vendors to participate in a pilot programme to support development, testing and adoption of the FedNow instant payment service.

/crypto

Fed partners MIT on 'hypothetical' digital currency

The Federal Reserve Bank of Boston is working with the Massachusetts Institute of Technology (MIT) to develop a "hypothetical" digital currency platform.

/payments

Federal Reserve System selects Giesecke+Devrient for NextGen currency processing equipment

The Federal Reserve System’s Cash Product Office (CPO) announced yesterday that it has awarded a contract to Giesecke+Devrient (G+D) to build the central bank’s next generation of high-speed currency processing equipment and associated software solutions.