Tag: Federal Reserve

Ten years ago, the Federal Reserve sketched out a future for U.S. payments—one where money could move in real time, ...

The idea of a limited-scope, or “skinny,” master account for fintechs has gone from abstraction to reality in just a ...

The costs of debit card fraud have increasingly tilted toward merchants, with retailers now bearing nearly half of the overall ...

In a proposal that has drawn both interest and concern, the Federal Reserve is exploring whether crypto exchanges and fintechs ...

Master accounts with the U.S. Federal Reserve have traditionally been the sole domain of banks, but Fed Governor Christopher Waller ...

For the second time in less than a year, the Federal Reserve will raise the transaction limit for its FedNow ...

Even though a federal judge has vacated the Federal Reserve’s cap on debit card swipe fees, the issue remains far ...

Three major federal bank regulatory agencies issued a joint statement warning banks about the risks associated with taking custody of ...

The ongoing race between credit and debit card issuers to claim the title for the most transactions carried out on ...

Credit card debt among U.S. consumers reached $1.21 trillion, the highest level on record since the Federal Reserve began tracking ...