28 October 2016
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Latest articles for Federal Reserve Board


Federal Reserve seeks feedback on payment system security

26 October 2016  |  3526 views  |  0 Company announcement

The 160-member task force convened by the Federal Reserve to advance the safety, security and resiliency of the national payment system is asking the industry for comments on its efforts to enhance payment identity management, data protection, and information sharing related to payments risk and fraud.


US regulators set out new cybersecurity standards

19 October 2016  |  6024 views  |  0 News

US regulators have set out plans to strengthen the way they oversee big banks in a bid to protect the country's financial system in the event of a major cyberattack or technology failure.


Fed paying close attention to 'significant' blockchain

12 October 2016  |  7062 views  |  0 News

Distributed ledger technology may be the "most significant development in many years" for payments, clearing and settlement, according to a Federal Reserve governor who says that the central bank will publish its own blockchain paper later this year.


Fed task forces examine faster payments proposals

05 October 2016  |  3563 views  |  1 News

America's journey towards faster payments inches along, as 500-odd members of two national task forces begin the process of reviewing 19 proposals from industry players.


Fed launches Facebook page

19 August 2016  |  4256 views  |  0 News

Following in the footsteps of grandmothers everywhere, the Federal Reserve Board has joined Facebook, setting up a page to share news and educational content.


Swift forms High Value Payments taskforce for ISO 20022

18 August 2016  |  5555 views  |  0 News

Swift is to push the gospel of global interoperability for the ISO 20022 messaging standard to the very top of the payments food chain with the formation of a High Value Payment taskforce comprised of global banks and major market infrastructure providers.


BNP Paribas Securities Services hooks up to FedLine

06 July 2016  |  1986 views  |  0 Company announcement

BNP Paribas Securities Services announced today that it is now a direct securities participant to the Federal Reserve through FedLine, the Federal Reserve’s online financial services information and payment service.


NY Fed steps up monitoring of Swift transactions

24 June 2016  |  3236 views  |  0 Company announcement

It is important to note that the recent incident with the Bangladesh Bank was not caused by a breach or compromise of the New York Fed’s systems.


Dwolla submits real-time payments proposal to Fed task force

09 May 2016  |  2662 views  |  0 Company announcement

Dwolla, an all digital bank transfer payment system, announced today that it submitted a faster payments proposal to the Federal Reserve-chartered Faster Payment Task Force for review and assessment.


Bangladesh Bank hack costs Philippines bank chief's job; Swift hits back at 'false' allegations

09 May 2016  |  7861 views  |  0 News

The president of Philippines-based Rizal Commercial Banking Corp (RCBC) has resigned despite being cleared by an internal investigation into the bank's connection with the $81 million Bangladesh Bank hacking scandal.

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