25 July 2016
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Latest articles for Federal Reserve Board


BNP Paribas Securities Services hooks up to FedLine

06 July 2016  |  1642 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  |  2983 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  |  2313 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  |  7178 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.


Measuring the mobile movement

04 May 2016  |  46183 views  |  0 Research

The Federal Reserve Board presents the findings from its latest annual survey examining trends in the adoption and use of mobile banking, payments, and shopping behavior and how the evolution of mobile financial services affects consumers’ interaction with financial institutions


The Clearing House and FIS submit proposal to Fed faster payments task force

25 April 2016  |  1808 views  |  1 Company announcement

The Clearing House (TCH), in conjunction with FIS, late last Friday submitted a proposal for evaluation of its Real-Time Payments (RTP) system to the Federal Reserve’s Faster Payments Task Force.


Fed Governor warns of unintended consequences of distributed ledger adoption

15 April 2016  |  6442 views  |  0 News

Legacy technology and interoperability could be the stumbling blocks to widespread uptake of distributed ledgers in the financial markets, creating unintended consequences for the efficient functioning of markets, a Federal Reserve Bank governor has warned.


Fintechs warned: If it walks like a duck and quacks like a duck, it should be regulated like a duck

13 April 2016  |  13806 views  |  0 News

The president of the San Francisco Fed has hailed the potential of Silicon Valley fintech startups to transform financial services but warned them that they must expect to be regulated like old-fashioned banks.


American mobile banking popularity sees modest growth

31 March 2016  |  5495 views  |  0 News

Mobile banking saw its popularity grow in the US last year but more than half of Americans still do not use the channel, and fewer still make payments from their handsets, according to a Federal Reserve Board survey.


Federal Reserve calls in McKinsey for faster payments assessment

29 March 2016  |  2381 views  |  0 Company announcement

The Federal Reserve on Tuesday announced the selection of McKinsey & Company to support Faster Payments Task Force efforts this year to assess faster payments solution proposals from various providers across the United States payments industry.

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