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 ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. The Federal Reserve had planned to start using a new ...

The U.S. Federal Reserve has restored access to its real-time settlement system for central bank money. “The Fedwire Funds Service, Fedwire Securities Service, and National Settlement Service have ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This is getting ridiculous. At this rate there won’t be any point logging on to read the FOMC minutes on ...

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 Federal Reserve is requesting comment on a proposal to expand the operating hours of its Fedwire and National Settlement Service to seven days a week, an idea the central bank has been considering ...

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 bank ...