16 April 2014

Latest articles for Federal Reserve Board


The future of cash? It's all in the data

04 April 2014  |  1585 views  |  0 Research

This paper from the Federal Reserve Bank of Richmond uses transaction-level data from a large discount chain together with zip-code-level explanatory variables to learn about consumer payment choices across size of transaction, location, and time.


Consumers increasingly sceptical of m-banking benefits - Fed

28 March 2014  |  2767 views  |  0 Company announcement

The use of mobile phones to access a bank account, credit card, or other financial account continued to increase in prevalence among adults in the United States last year, according to the Federal Reserve Board's latest report on the use of mobile financial services.


Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

28 February 2014  |  3489 views  |  1 News

Mt. Gox has filed for bankruptcy protection, a lawyer for the beleaguered bitcoin exchange told a news conference today. Meanwhile, new Federal Reserve chair Janet Yellen has said that the central bank has no authority to regulate the crypto-currency.


Brit charged with hacking US Fed's computer servers

28 February 2014  |  2081 views  |  0 News

A British man has been charged with hacking into the US Federal Reserve computer servers, stealing the personal information of users and publishing it online.


New regs could see banks follow JP Morgan out of US pre-paid market - Fitch

14 February 2014  |  4508 views  |  1 News

US banks could follow JP Morgan's lead and get out of the pre-paid card business if proposed new regulatory oversight materialises, leaving the way open for the likes of American Express and Green Dot, predicts Fitch Ratings.


US Federal Reserve pushes ahead with Faster Payments planning

05 February 2014  |  5176 views  |  8 News

The US Federal Reserve Board is pushing ahead with plans to further the introduction of faster retail payments as part of a broad effort to modernise the country's payments infrastructure.


Philadelphia Fed hosts meeting on new standards for chip card payments in US

16 January 2014  |  734 views  |  0 Company announcement

Twelve AMTIA members were among more than 50 exclusive guests attending an invitation only meeting hosted jointly by the Federal Reserve Bank of Philadelphia and the X9 Accredited Standards Committee.


The bitcoin puzzle

10 January 2014  |  1611 views  |  0 Analysis

Private currencies like Bitcoin offer potential - and puzzles, says the Federal Reserve Bank of Richmond.


Federal Reserve study follows non-cash payment trends

20 December 2013  |  2199 views  |  0 Company announcement

The 2013 Federal Reserve Payments Study, released today, shows that card payments--credit and debit--now account for more than two-thirds of all noncash payments, while the number of checks paid continued to decline.


RBS hit with $133m penalty for flouting U.S. sanctions

12 December 2013  |  613 views  |  0 Company announcement

The Federal Reserve Board on Wednesday issued a consent order to cease and desist and a civil money penalty assessment of $50 million against the Royal Bank of Scotland Group plc (RBS Group) and the Royal Bank of Scotland plc (RBS plc), both of Edinburgh, Scotland.

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