The Federal Reserve Bank of Boston reports on the evolution of mobile payments technology two years on from its original paper in 2011.
Reports of the demise of cash are greatly exaggerated says John Williams, president and CEO of the Federal reserve Bank of San Francisco.
Nearly half of American smartphone owners used their handsets to access financial accounts last year, according to research from the Federal Reserve Board.
A senior staffer at the Federal Reserve Bank of Atlanta has queried the business case for a mass market migration to EMV-based Chip and PIN technology in the US.
The Atlanta Fed explores whether anti-money laundering procedures have kept pace with the rapid growth of pre-paid cards.
The US Federal Reserve Bank has confirmed that an internal database of US bank contacts was hacked just days after the Anonymous collective leaked the names, addresses and other personal information of around 4,000 bank executives.
The Payments Risk Committee (PRC) today released a report recommending that central counterparties ("CCPs") make certain information on their risk management practices available to their clearing members.
Operational issues in the $1.87 trillion tri-party repurchase agreement market delayed settlement of some trades on Tuesday by several hours, Reuters reports.
The US Federal Reserve is set to embark on a major study into the volume and composition of electronic and cheque payments as it bids to gain insight into a rapidly evolving landscape.
JPMorgan Chase has been sanctioned by US regulators for failures in its risk management operations after it lost more than $6.2 billion on a single credit derivatives trade.
© Finextra Research 2013