PYMNTS

JUNE 1, 2020

Edwards termed real-time payments “an ACH killer … it’s moving today’s batch process of banks exchanging files with each other to a Federal Reserve centric master account to an ‘instant’ way for banks to do it.”. Speed of payments changes the fraud equation, and the balance that needs striking.

Cross-Border 69

Cross-Border Payments Privacy Issuers 69

PYMNTS

DECEMBER 7, 2020

In terms of mechanics, these companies would have to maintain master accounts at the Federal Reserve and must maintain segregated accounts with the Fed, with reserves fully collateralized and convertible into dollars on demand.

Stablecoins 76

Stablecoins Regulations Federal Reserve Fed 76

The Payments Association

MARCH 18, 2025

The Federal Reserves shift on crypto banking access could impact payments, stablecoins, and digital assets. During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Why is it important?

Federal Reserve 88

Federal Reserve Stablecoins Fed Settlement 88

The Payments Association

JANUARY 31, 2025

the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), or the National Credit Union Administration (NCUA)) are not included in the Working Group, especially given the allegations of an ‘Operation Choke Point 2.0.,’

Stablecoins 88

Stablecoins Office of the Comptroller of the Currency Treasury Regulations 88