11/9/2023 10:06:03 PM Fed official: Stablecoins pose a threat, but could present innovative opportunities By FinTech Collective US economic leaders gathered in DC Tuesday to discuss the future of crypto policy and innovation in America. At the event, Officials said...
8/9/2023 1:17:31 PM Federal Reserve launches program to oversee banks' crypto and stablecoin activities By FinTech Collective The Federal Reserve has launched a new program to oversee banks’ cryptocurrency activities, focusing on partnerships. State-owned banks...
6/22/2023 4:46:24 PM Powell: Stablecoins are a ‘form of money’ the Fed needs to regulate By FinTech Collective Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee Wednesday to discuss the state of monetary...
7/1/2022 10:40:47 AM Federal Reserve delays ISO 20022 cutover by two years By Carlos Alonso Torras The Federal Reserve is to delay the implementation of the new ISO 20022 payment messaging format by two years to 2025.
4/22/2022 3:23:01 PM The Fed is looking to speed up payments By Sarah Wolter The Federal Reserve promises that FedNow — a new service for banks and credit unions — will help make real-time payments a reality for...
7/15/2021 11:49:57 PM The Fed’s digital dollar could bring millions into the digital economy By Carlos Alonso Torras More than half of transactions in the US involved cash in 2010. The number had dropped to 28% in 2020, even before Covid, which led to...
5/28/2021 2:21:54 PM Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up By Carlos Alonso Torras Federal Reserve Governor Lael Brainard said a cryptocurrency backed by the central bank could provide a variety of benefits. Getting...
5/21/2021 12:08:23 PM The Fed hinted it could reconsider easy policies if economy continues rapid improvement By Carlos Alonso Torras Fed officials at their April meeting said “it might be appropriate at some point” to consider tapering asset purchases if the economy...
5/6/2021 1:56:08 PM Fed considers proposal to allow fintech companies access to payment system By Sarah Wolter In the past few years, new financial products and delivery mechanisms have been introduced that work with traditional banking services....
3/5/2021 3:48:20 PM Powell confirms Fed to maintain easy-money policies By Sarah Wolter The yield on the 10-year Treasury note rose above 1.55% after Mr. Powell’s interview—its highest level since before the pandemic—up from...
11/20/2020 6:54:29 PM Fed moves closer to joining global peers in climate-change fight By Sarah Wolter Fed Chair Jerome Powell on Thursday said the U.S. central bank had been working with the Network of Central Banks and Supervisors for...
3/6/2015 2:25:58 PM 31 major banks pass Fed's stress test By FinTech Collective For the first time since the Central Bank started stress tests in 2009, no major bank fell below any of the main capital thresholds. The...
2/27/2015 10:51:28 PM Bank of England could issue own digital currency By FinTech Collective The world of digital currency has come a long way since the genesis block. With proposals like that from David Andolfatto of the St....