Tag: Federal Reserve

The ongoing race between credit and debit card issuers to claim the title for the most transactions carried out on ...

Credit card debt among U.S. consumers reached $1.21 trillion, the highest level on record since the Federal Reserve began tracking ...

Fed Chair Jerome Powell’s firm stance that a central bank digital currency will not happen under his watch aligns the ...

Despite an improving economy, credit card delinquency rates have remained persistently high over the past couple of years. Following the ...

Consumers today have more payment options than ever, ranging from traditional methods like checks and cash to prepaid cards and ...

Authorized Push Payment (APP) fraud has been notoriously difficult to fight against because it involves consumers voluntarily transferring assets to ...

The Federal Reserve Bank of New York released its Q2 2024 consumer debt report, revealing a $111 billion increase in ...

A year into the FedNow era, the Federal Reserve’s instant payments service has been successful by many measures. With more ...

July 20, 1969, marked the day when human beings first set foot on the moon, forever changing how we viewed ...

With the release of its Q2 earnings, Bank of America announced that its provision for credit losses and charge-offs grew ...