The Federal Reserve suffered a widespread disruption in multiple payment services Wednesday, including a system that banks and businesses rely on to zip trillions of dollars around the financial ...

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FedWire is FedScoop’s afternoon roundup of news and notes from the federal IT community. Send your links and videos to [email protected]. The FBI’s Internet Crime Complaint Center releases 2012 online ...

The Federal Reserve says its Fedwire Funds, Fedcash and some check clearing services have resumed normal operations after a more than three-hour disruption to more than a dozen critical central ...

Fedwire is a settlement system of central bank money used by Fed banks to electronically settle final U.S. dollar payments among member institutions.

The Federal Reserve said it is restoring services that were thrown offline Wednesday by an “operational error” that spurred outages in a dozen areas, including check clearing and Fedwire.

The outage only lasted a few hours and affected wire transfers that were in the process of being settled or were in the queue.

Despite a history of direct competition, two major payments networks have become partners in developing disaster-recovery plans and are working together on ways to serve as backups to each other in ...

The Fedwire funds transfer system allows financial institutions to electronically transfer funds between more than 9,289 American financing institutions, according to a Federal Reserve website.

The Federal Reserve says its Fedwire Funds, Fedcash and some check clearing services have resumed normal operations after a more than three-hour disruption to more than a dozen critical central ...

The Federal Reserve says its Fedwire Funds, Fedcash and some check clearing services have resumed normal operations after a more than three-hour disruption to more than a dozen critical central ...

The Federal Reserve says its Fedwire Funds, Fedcash and some check clearing services have resumed normal operations after a more than three-hour disruption to more than a dozen critical central ...