(Reuters) -The Federal Reserve held interest rates steady on Wednesday but said the risks of both higher inflation and unemployment had risen, further clouding the economic outlook as the U.S ...

(Reuters) - Federal Reserve Governor Christopher ... for over three-plus years now, about how this could bring competition, efficiency and speed into the payments system." "Do I think there's ...

Inflation back then was below the Fed’s 2% In 2019, the Federal Reserve lowered rates three times in quarter-point moves in a pre-emptive strike to cushion the economy from a global slowdown and ...

The 10 winning innovations span categories from AI and payments to risk and compliance. An overall winner will be announced ...

The Fed board now has four Democrats and three Republicans ... in meaningfully greater or more concentrated risks to the stability” of the U.S. financial system, the Fed concluded. Capital One, after ...

Thanks to fintechs integrating mutual funds with UPI, this is now possible—offering not ... Rather than using mutual fund units directly for payments, the system operates as a two-step mechanism ...

Thanks to fintechs integrating mutual funds with UPI, this is now ... instant redemption features. According to Ganaraj, UPI could be the killer hook. By linking mutual funds directly to UPI ...

The sources, who requested anonymity to discuss private talks, said the idea of transferring funds directly to workers through Brazil's widely popular Pix instant payment system had been discussed ...

BRASILIA (Reuters) -Brazil's government is considering capping card processor fees and shortening settlement periods to cut intermediation costs in the country's multi-billion-dollar meal voucher ...

Walmart also is evaluating the dispute process for pay-by-bank transactions, something the card networks—American Express, Discover, Mastercard, and Visa—have refined for credit and debit card ...

Green argues that the Fed is running out of time and room to maneuver. He believes the narrative of a soft landing – inflation under control while maintaining economic stability – is now ...