CreditCards.com

Tag Archives: Federal Reserve

Moving money at the speed of smartphone

Fred Williams

The Federal Reserve has taken another step in its effort to streamline the way money changes hands in the U.S., publishing a road map for banks, businesses, payment networks and consumers.
Read More »

20 surprising facts about how Americans pay for things

Matt Schulz

Americans use this form of payment six times more than they did in 2000. Click through to learn what it is — and find 19 other eye-catching numbers.
Read More »

Meet reverse repo: The new Fed tool to raise your interest rates

Fred Williams

A historic glut of cash in the economy is about to force changes in the way the Federal Reserve controls short-term interest rates — including the variable APRs on credit card balances.
Read More »

How to speed up tortoise-like U.S. payments?

Fred Williams

The U.S., with its supposedly dynamic financial system, still takes days to complete noncash payments, lagging other parts of the world. The Federal Reserve is holding a nationwide brainstorming session for ways to complete payments in “near real-time,” in order to keep up with a world that expects results at the tap of a smartphone key.
Read More »

Fed studies romance, credit; finds couples that pay together, stay together

Jay MacDonald

If you’re inclined to accept dating advice from the Federal Reserve Board — and I know you are — its steamy new study, "Household Formation, Credit, and Trustworthiness" reads like "Fifty Shades of Gray" for the gray flannel set.

Read More »