Tagged: federal reserve

Financial Innovation Now Lauds Payment Task Force Report, Asks Congress to Move Forward (Faster)

Today the Faster Payments Task Force, created by the Federal Reserve, released its final report along with their recommendations on what needs to be accomplished to bring the US up to date in the payments space. Anybody engaged in the payments sector understands that the US… Read More

Federal Reserve’s Faster Payments Task Force Publishes Final Report

The Faster Payments Task Force is a group of payment industry stakeholders with representatives from across the payment ecosystem. The group involved over three hundred different stakeholders. The Federal Reserve assembled the task force to help identify and evaluate alternative approaches to implementing safe and… Read More

Federal Reserve Reports on Small Business Lending

The Federal Reserve has published a report on the state of small business credit. The Small Business Credit Survey (SBCS), a national collaboration of the 12 Federal Reserve Banks, is designed to provide information on small business financing needs, decisions, and outcomes to policy makers. The… Read More

Philadelphia Fed President Patrick Harker Says Regulation is Key to Protecting Fintech Innovation

Patrick T. Harker, President of the Federal Reserve Bank of Philadelphia, delivered a speech today on Fintech innovation and the importance of regulation. Harker stated that regulation is not only about protecting consumers but it is important to protect innovators as well; “It’s in their… Read More

The Federal Reserve Publishes Report on Blockchain: “Could Reduce or Even Eliminate Operational & Financial Inefficiencies”

The Federal Reserve released a report on Distributed Ledger Technology (DLT) or Blockchain last week. The document reviews the potential and challenges for the new technology to disrupt and benefit financial services.  The Federal Reserve is correctly reviewing DLT – just as other central banks… Read More

Federal Reserve Publishes New Research on Fintech Monitoring

Earlier this week, the Federal Reserve published a research paper on fintech monitoring. According to the organization, this new paper refers the technology as a combination of components such as peer-to-peer networking, distribution data storage, and cryptography. The Federal Reserve revealed in the document: “Digital… Read More

Here is the Fed Report on Online Lending for Small Businesses; “Through the Eyes of Mom & Pop’s”

Every now and then the Federal Reserve kicks out some interesting research regarding Fintech and alternative finance. During the waning days of summer of 2015, the Federal Reserve of Cleveland published a report on online lending entitled; “Alternative Lending Through the Eyes of Mom &… Read More

The Fed Didn’t Hike Rates -Yet.  The Top 3 Reasons It Matters to Small Business Owners

Well, the Federal Reserve has spoken again and though we are all listening, sometimes it’s hard to tell what all those carefully crafted paragraphs actually mean.  So here’s a quick snapshot of the top three things that you, as a small business owner, should know…. Read More

Will the Federal Reserve Raise Rates? And What Does this Mean for Small Business?

The Federal Reserve Open Market Committee (FOMC) convenes today to discuss and determine if interest rates need to rise. Recent geopolitical realities, such as the ECB going all in as growth sputters, have pushed most Fed watchers into the camp that rising rates are on… Read More

Senate Side: Janet Yellen Testimony Continues (Video)

Janet Yellen, Chair of the Federal Reserve, returns to Capitol Hill again today to continue her testimony.  Today she returns to the Senate Committee on Banking, Housing and Urban Affairs.  The hearing, entitled, “The Semiannual Monetary Policy Report to the Congress”, will give Yellen a… Read More

Q&A with RealtyShares: Will Rising Interest Rates Impact Real Estate Crowdfunding?

As the entire world knows the Federal Reserve decided to increase their benchmark interest rate by 25 basis points on December 16th.  After much discussion and introspection, Janet Yellen, along with the other Fed board members, decided the economy was on solid enough footing to… Read More

Lending Club Raises Interest Rates by 0.25% Matching Fed

Following the move by the Federal Reserve, Lending Club (NYSE: LC) has announced it will increase interest rates by 0.25% thus matching the move by the Fed last week.  The announcement is not unexpected and is similar to what many major banks have announced.  Lending… Read More

Will Marketplace Lenders Feel the Squeeze as Interest Rates Rise?

As most Fed followers expected, the FOMC decided to increase interest rates nudging up rates by 25 basis points. The last time the Fed raised rates was almost 10 years ago. The back and forth chatter regarding when the Fed would act has been a… Read More

Fed Vice Chair Warns Against “Shadow Banks”

In a speech entitled, “Financial Stability and Shadow Banks: What We Don’t Know Could Hurt Us“, Federal Reserve Vice Chairman Stanley Fischer cautioned that while much has been done to reduce shadow banking risk, more needs to be done. The theme appears to be gaining… Read More

Back to the Future: The Early Days of Online Trading Revisit FinTech and Crowdfunding Disruption

After reading Orchard Platform’s Bill Ullman elegantly deliberated “Is Fin-Tech History Rhyming Again?” on the platform’s blog last week and prepared for Thanksgiving, I wondered how the early days of online trading revisit fintech and crowdfunding disruption innovation.  While prepping for last week’s feast, I… Read More

Crowdfunding Thought Leaders Gather in Berkeley to Discuss Future of Financial Innovation

For a second year in a row, government policy makers, finance experts and online entrepreneurs gathered at UC Berkeley for the Fung Institute’s academic symposium on crowdfunding.  The event was organized by Dr. Richard Swart – a well known authority and frequent commenter on crowdfunding… Read More

Federal Reserve Governor Jeremy C. Stein Speech on Crowdfunding

Recently we reported that Federal Reserve Governor Jeremy C. Stein gave a speech in Washington, DC, on March 24, 2014, that tackled the innovation of crowdfunding.  Apparently the subject matter was a bit of a surprise topic.  Stein was quoted saying; “Why is the Fed… Read More

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