Attention Debit Issuers: The Fed Plans to Clarify Regulation II
Debit card routing requirements have become increasingly important as consumers shift more of their spending to e-commerce and other card-not-present ...
Tag: Federal Reserve
Discover the latest news and analysis on Federal Reserve policies and their impact on the financial industry. PaymentsJournal provides expert insights to keep you informed on regulatory developments.
The Wider Lessons from the Federal Reserve’s Payment Outage
Reports that a payment system was unavailable for a few hours in February 2021 may not sound like a big ...
Finastra Joins the FedNow Pilot Program to Advance Instant Payments in the United States
Lake Mary, FL, US – March 15, 2021 – Finastra announced that it has joined the Federal Reserve’s FedNow Pilot ...
Fed Commits to Roll Out FedNow in 2023
It’s always great when a major project you are working on is progressing well and you are meeting deadlines. The ...
The Fed Announced More Details on FedNow. Here’s What You Need to Know.
Although the Federal Reserve made waves last summer when it announced it was developing FedNow, a real-time payment platform to ...
Credit Card Gloom and Doom: It Depends Whom You Ask
Today’s WSJ has an optimistic view of consumer credit amidst the current recession. It appears a bit too rosy. Is it that ...
US Investment-Grade Corporate Issuance Has Topped $1 Trillion. Is There Cause for Concern?
Today's post is based on an interesting piece, published by Advisor Perspectives, geared towards those who follow the capital markets ...
Recent Bill Proposes the Federal Reserve Launch a Retail Bank
Approximately 94% of the U.S. population has a tradition bank account and many additional consumers are served by a fintech ...
Fed Charmain Powell, Have You Got Four Quarters for a Dollar?
Chalk this one up as another consequence of the pandemic. The United States is apparently facing a shortage of coinage. ...
Loan Innovators Hope for Traditional Lender Solutions: Not a Bank But Want Similar Protection
The American Banker carries an opinion column today from marketplace lenders, hoping to receive the same consideration as bank cards ...
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