Federal Reserve Board - News, Articles & Research

BIS and NY Fed test policy implications of future tokenised market

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) have published a joint research study that explored how central banks could continue to implement monetary policy operations in tokenised wholesale financial markets.

15 May 2025

News/payments

Cash keeps place in American wallets

Credit and debit cards continue to dominate American payments, but cash is still an important player, accounting for 14% of all consumer transactions in 2024, according to the Federal Reserve.

14 May 2025

News/crypto

Nacha: 80% of banks would reject clients if they processed cryptocurrency

Smarter Faster Payments in New Orleans saw representatives from the Federal Reserve Bank, Citizens, EPCOR and Nacha come together to share their personal views on the potential of blockchain for cross-border transactions and financial inclusion - amid a need for better understanding of digital assets, as well as concerns around anonymity and regulatory uncertainty.

30 April 2025

Company announcement/regulation

Fed withdraws crypto warnings for banks

The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities.

25 April 2025

News/security

Fed working group suggests scams information sharing network

A Federal Reserve-backed working group has recommended that the US payments industry set up an independent information exchange framework to provide a single source for scam intelligence across payment rails.

19 March 2025

News/payments

Fedwire Funds Service ISO 20022 migration delayed until July

Federal Reserve Financial Services (FRFS) has pushed back the roll out of ISO 20022 for the Fedwire Funds Service from March to July.

17 February 2025

Company announcement/sustainable

Fed withdrawws from central bank network for greening the financial system

The Federal Reserve Board on Friday announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS).

21 January 2025

News/crime

American Express pays $230 million for alleged deceptive sales

American Express has agreed to pay $230 million to settle charges for alleged deceptive sales of credit card and wire transfer products to small business customers.

17 January 2025

News/crypto

Stablecoins could rival cards - Fed payments expert

Stablecoins are going mainstream and could grow to rival credit and debit cards, predicts a payments expert at the Atlanta Fed.

15 January 2025

News/regulation

US regulators must take reins on fintech oversight - bank associations

US financial services regulators should take the reins on fintech oversight and stop expecting banks to independently police the sector, say the Bank Policy Institute and the Clearing House Association.

04 November 2024

News/payments

Fed governor Waller cool on interlinking fast payment systems

Federal Reserve governor Christopher Waller has cautioned against the clamour to interlink national fast payment systems, insisting that the US is focused on building up its FedNow network domestically.

02 September 2024

Company announcement/regulation

Fed terminates Silvergate Bank enforcement action

The Federal Reserve Board on Friday announced the termination of an enforcement action with Silvergate Bank and its holding company, Silvergate Capital Corporation, both of La Jolla, California.

26 July 2024