Financial stability well rooted in U.S.
Essay from the 2002 Annual Report.
The emergence of electronic payments
Essay from the 1995 Annual Report.
When the Federal Reserve was created more than 100 years ago, the primary goal was financial stability. In the aftermath of the financial crisis of 2007-2009, today's public discourse about the Fed is largely focused on its roles with respect to monetary policy, being the lender of last resort and supervision of financial institutions. Nonetheless, financial stability remains of utmost importance. One aspect of financial stability that is receiving increased attention is the payment system. A reliable, efficient and safe payment system is essential to a healthy economy. Quite possibly, the ...
Mobile Payments Innovation
Mobile payment technology, or the ability to pay for goods and services via mobile phone, has experienced a rise in adoption and popularity in the past few years. Its rise stems from companies and consumers alike looking for new ways not only to make payments more accessible and convenient, but also to help decrease certain types of fraud.
Teach One, Reach Many
Making change: reinventing the Federal Reserve
Essay from the 1997 Annual Report.