The Federal Reserve announced that the FedNow Service will start operating in July and provided details on preparations for launch. The first week of April, the Federal Reserve will begin the formal certification of participants for launch of the service.
A recent discussion paper released by the Federal Reserve Releases discusses the pros and cons of a potential of a U.S. central bank digital currency (CBDC).
The National Federal Reserve Financial Services website presents the products and services available for institutions in the Fifth District.
Fraudulent solicitations related to COVID-19 are on the rise, including scams that reference the Fed. A Federal Reserve Bank will not contact anyone about suspicious activity in a commercial bank account. Find information and resources here to help you protect yourself while seeking assistance.
The Supervision News Flash helps you stay abreast of topics and trends affecting institutions in the Fifth Federal Reserve District.
