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Fed proposes changes to interchange regs
Fed proposes changes to interchange regs The Federal Reserve Board invited public comment on proposed changes to Regulation II (Debit Card Interchange Fees and Routing). The Federal Reserve Board...
Fed proposes standards for accessing Fed accounts, payments system
Fed proposes standards for accessing Fed accounts, payments system The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system,...
Same Day ACH volume increased 88%, passes 1 billion mark
Same Day ACH volume increased 88%, passes 1 billion mark ACH Network volume soared in the first quarter—increasing by 11.2 percent to 7.1 billion payments in compared to the first quarter of 2020...
Powell talks economy, digital currencies
Powell talks economy, digital currencies Federal Reserve Chairman Jerome Powell said the economy is at an “inflection point” and could experience rapid growth upwards of 6 percent or 7 percent this...