Federal Reserve Board

235 results about this entity

Period: 17 Feb 2006 - 10 May 2024

/payments

US instant payment network FedNow goes live

The Federal Reserve has switched on its new instant payment system, FedNow, with 35 banks and credit unions onboard.

/regulation

Deutsche Bank fined $186 million for AML deficiencies

The Federal Reserve Board on Wednesday announced two enforcement actions against Deutsche Bank AG, its New York branch, and other U.S. affiliates.

/payments

Temenos achieves certification for Fed Now

Temenos (SIX: TEMN) today announced that it has successfully completed certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023.

/crypto

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.

/retail

US regulators issue final guidance on third-party risk management

Federal bank regulatory agencies today issued final joint guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology companies.

/payments

Federal Reserve consumer payment survey shows continuation of pandemic trends

The Federal Reserve System’s FedCash Services (FCS) released a report from its ongoing research into the payment habits of the U.S. population.

/crypto

NY Fed and MAS find promise in CBDC for cross border payments

Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York.

/payments

Pidgin secures certification for FedNow instant payments service

Pidgin, a secure real-time payments platform built for the future of payments, is among the first companies in the industry to complete testing and certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023.

/payments

Federal Reserve confirms July launch date for FedNow

The Federal Reserve announced that the FedNow Service will start operating in July and provided details on preparations for launch.

/crypto

Fed exec spells out crypto risks

I'm here today to discuss what we have learned from the recent turmoil in the crypto sector and what role supervision and regulation should play in helping banks manage their engagement with the sector and the innovative technologies that support it.

/security

Fed governor Waller caught up in porn Zoom-bombing

Federal Reserve governor Christopher Waller was forced to abandon his remarks at a Zoom conference after a user hijacked the call and displayed pornography.

/sustainable

Fed to measure banks' exposure to climate risk

The six largest US banks have been tasked by the Federal Reserve to analyse the impact of trial scenarios for both physical and transition risks related to climate change on real estate assets in their portfolios.

/crypto

US regulators warn banks of crypto exposure risks

US regulators have warned banks to be on their guard against the risks posed by exposure to the crypto asset sector in the wake of the implosion of crypto-exchange FTX and heightened volatility in the market.

/sustainable

Fed invites comments on new climate risk rules

The Federal Reserve Board on Friday invited public comment on proposed principles providing a high-level framework for the safe and sound management of exposures to climate-related financial risks for large banking organizations.

/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

/payments

New York Fed and MAS test wCBDC for cross border payments

The Monetary Authority of Singapore and the Federal Reserve Bank of New York are teaming up to explore the use of wholesale CBDCs for cross-border payments.

/payments

New York Fed tests wholesale CBDC for cross-border payments

The Federal Reserve Bank of New York has developed a wholesale CBDC prototype for an experiment on cross-border digital currency transactions supported by blockchain technology.

/regulation

Fed introduces card-not-present debit rule

The US Federal Reserve has finalised new rules ensuring that merchants can choose between multiple networks for routing card-not-present transactions

/sustainable

America's biggest banks put to the test in climate risk pilots

Six of America's biggest banks are to participate in a year-long climate scenario analysis exercise, testing their ability to cope with hypothetical climate-related risks.

/regulation

Fed consults on new operational risk-management requirements for systemically-important utilities

The Federal Reserve Board on Friday invited comment on updates to operational risk-management requirements for certain systemically important financial market utilities (FMUs) supervised by the Board.