Fed restores some services after outage on ‘operational error’
The Federal Reserve began restoring some services Wednesday afternoon following widespread outages across several key payment systems operated by the ...
Tag: Federal Reserve
TCH eyes FedNow in pilot launch with Citi, JPM and Wells Fargo
The Federal Reserve this week announced its pilot for real-time payment services and its major competitor said it will work ...
A disruptive vision: Varo is officially a bank
After a three-year saga, Varo Money finally has its bank charter. The Office of the Comptroller of the Currency, the ...
Utah: The fintech frontier
Fintechs looking to expand beyond their Bay Area or New York City headquarters have welcomed an unlikely visitor in recent ...
Tuesday: Join the ‘Regulators’ and Financial Institutions’ Pandemic Responses’ Zoom meeting (Subscribers Only)
On Tuesday at 12 p.m. EST, Bank Innovation will host a Zoom meeting for subscribers titled "Regulators' and Financial Institutions' Pandemic ...
Wells Fargo says Fed cap is limiting small-business relief
Wells Fargo & Co. said it can’t fully meet demand from small businesses rushing to participate in a U.S. relief ...
Brainard says Fed studying potential for US digital currency
The U.S. central bank is studying the feasibility of a digital currency, said Federal Reserve Governor Lael Brainard. “Given the ...
Fed: Big bank cyberattack could have serious spillover effects
A cyberattack on a major U.S. bank could have network effects that could cripple the financial system, a report from the Federal ...
Vital Fed payment system experiences second delay of 2019
The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central ...
Fed Governor Brainard highlights Facebook Libra’s risks
Federal Reserve Governor Lael Brainard As large tech and payments companies bail on Facebook’s Libra digital currency project, Federal Reserve ...
