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US Fintech Association Supports Federal Reserve’s Plan to Expand Settlement Service Hours

The Fintech Times

The American Fintech Council (AFC) has backed the Federal Reserve ’s proposal to extend the operating hours of the Fedwire Funds Service and National Settlement Service (NSS). Moloney , SVP and head of policy and regulatory affairs in AFC ’s Letter to FRB. “We

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Fed joins MIT's digital currency initiative to explore Central Bank Digital Currency

The Paypers

The Federal Reserve Bank (FRB) has taken CBDCs seriously and has been engaged in efforts to research a path toward implementation.

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Fed ‘Lapse’ Details Emerge In Bangladesh Bank Heist Case

PYMNTS

On Tuesday (March 22) officials in the Philippines reported that they have filed two criminal complaints against two businessmen believed to be the leaders of the heist that stole over $100 million from Bangladesh’s Central Bank. ” The Fed has not formally responded to the most recent reports.

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