Tag Archives: payments system

Fed’s 2018 Fees Expected to Rise 1.4 Percent

The Federal Reserve System’s 2018 fee schedules for priced services that go into effect Jan. 1 are expected to be 1.4 percent higher on average than in 2017, and the system projects that it will recover 100 percent of its priced services costs, the Fed said today.

Read More »

Fed’s Powell: Banks Needed at Center of Payments System

As the push for faster payments in the U.S. intensifies, and as a variety of businesses enter the payments space, banks continue to have a “key role” in facilitating payment innovations, Federal Reserve Governor Jerome Powell said in a New York speech yesterday.

Read More »