The federal government is phasing out paper checks for Social Security benefits and other federal payments beginning this ...

Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit.

The Federal Reserve cut interest rates for the first time in 2025, which could impact mortgage rates, bond yields, and boost ...

The Federal Reserve Board will host a conference on payments innovation on October 21, focusing on emerging technologies in U ...

NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday stablecoins will bolster competition in the payments system, and that that was a good thing. The rise of stablecoins will ...

News that Department of Government Efficiency led by Elon Musk now has access to a government payment system that is responsible for $6 trillion in annual federal payments — including Social Security ...

NEW YORK, June 25 (Reuters) - Federal Reserve Chairman Jerome Powell said Wednesday any move to strip the central bank of its power to pay interest on reserves would be difficult and take a long time ...

It's time to drag sclerotic, paper-based U.S. federal payment operations into the digital future. The technology exists, and America's global competitors are already putting it to use, warns Dimitri ...

NEW YORK (Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday any move to strip the central bank of its power to pay interest on reserves would be difficult and take a long time to ...

A federal judge on Friday rejected a request to block employees with the Department of Government Efficiency (DOGE) from accessing a sensitive federal payment system at the Treasury Department. U.S.