Federal Reserve money transfer services that are crucial to funneling cash around the financial system experienced a disruption for several hours Wednesday, an outage ...

Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.” The US Federal Reserve ...

The Federal Reserve Board requested public comment on a so-called "payment account" that financial institutions would use solely for clearing and settling their payments, the central bank said on ...

Federal Reserve Governor Christopher Waller has proposed that the Fed offer “payment accounts” to fintech companies with banking charters so that they can settle payment transactions directly at the ...

Fed aims for risk-tailored access to payment services by 4Q 2026 Waller emphasizes rapid progress and innovation at the Fed Fed to seek industry and public comments on new payment accounts Nov 12 ...