payments

A central bank digital currency (CBDC) could negatively impact credit unions and pose broader financial security risks, America’s Credit Unions President/CEO Jim Nussle wrote House Majority Whip Tom Emmer, R-Minn., and Sen. Ted Cruz, R-Texas, who introduced legislation (S.3801/H.R. 5403) that would bar the Federal Reserve from issuing a CBDC. “If the Federal Reserve were …

House, Senate bills introduced to bar Fed from issuing CBDC Read More »

The Federal Reserve will host a free 60-minute webinar with FedNow Service participants sharing how they planned and implemented fraud risk management strategies in advance of adopting the service. Federal Reserve leaders will also preview their new tech-centric developer resource, as well as upcoming engagement opportunities. The webinar will take place March 20 at 2 …

Fed to host town hall on FedNow fraud risk management Read More »