Federal Reserve Board

244 results about this entity

Period: 17 Feb 2006 - 04 Nov 2024

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/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.

Fed instant payments project full steam ahead

/payments

Fed instant payments project full steam ahead

The Federal Reserve is working hard to get its FedNow real-time payment and settlement service up and running as quickly as possible, according to governor Lael Brainard, who says the Covid-19 fallout has highlighted the importance of ensuring people have immediate access to funds.

US mint facing coin shortage

/payments

US mint facing coin shortage

The debate about phasing out hard currency in favour of digital alternatives could be set to intensify with news that the US Mint is facing a shortage of coins due to the pandemic.

/identity

Federal Reserve issues white paper on ways to combat synthetic identity fraud

The Federal Reserve today released the latest in a series of publications about synthetic identity fraud – a white paper titled Mitigating Synthetic Identity Fraud in the U.S. Payment System.

/security

Fed publishes FraudClassifier model

The Federal Reserve today published the FraudClassifier model – a set of tools and materials to help provide a consistent way to classify and better understand the magnitude of fraudulent activity and how it occurs across the payments industry.

Federal Reserve kicks Fedwire’s ISO 20022 can down the road

/payments

Federal Reserve kicks Fedwire’s ISO 20022 can down the road

The Federal Reserve has announced it will not implement Phase 1 of the Fedwire Funds Services migration to ISO 20022 during 2020 or 2021. It confirms that it does not have any other message format changes planned through 2021.

/payments

Fed forms FedNow Community group

The Federal Reserve Banks today announced the formation of a FedNow Community group for their upcoming instant payment offering, the FedNow Service.

/regulation

Fed extends public comment period for Morgan Stanley acquisition of E*Trade

The Federal Reserve Board on Thursday announced that the public comment period has been extended through June 4, 2020, for the notice by Morgan Stanley of New York, New York, to acquire E*TRADE Financial Corporation of Arlington, Virginia.

ING economist: The US has most to lose in war of digital currencies

ING economist: The US has most to lose in war of digital currencies

The US dollar's position as the unrivalled global currency means it has the most at stake should central banks begin to issue their own digital currencies, according to ING economist Carlos Cocuzzo.

Fed could extend regulatory reach to non-bank retail payments

/regulation

Fed could extend regulatory reach to non-bank retail payments

The US Federal Reserve should consider extending its regulatory oversight role to non-bank players in retail payments, says Governor Lael Brainard.

Bank cyberattack could hit whole financial system - NY Fed research

/security

Bank cyberattack could hit whole financial system - NY Fed research

A cyberattack on a major US bank could have significant spillovers to other lenders, with serious implications for the whole financial system, according to research from the Federal Reserve Bank of New York.

/regulation

Federal Reserve opens new Twitter account

The Federal Reserve Board on Wednesday launched a new Twitter account aimed at increasing access to the research done by the more than 400 economists and other research staff at the Board.

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