News Topic: Federal Reserve Bank of Atlanta
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Atlanta Fed raises flags about fintech's impact on financial inclusion
Fed’s Bostic urges banks to repair ‘history of abuse’ of Black Americans
Bostic, the first Black Fed president in the central bank’s 106-year history, said systemic racism is an economic as well as a moral issue. ... Read full article
Survey: minorities slighted by PPP; Fed official to banks: Relax
Black and Latino business owners were less likely to get loans than overall borrowers, survey states; Atlanta Fed president tells lenders they won’t be second-guessed if they do right by borrowers. ... Read full article
How to keep community banks thriving
The Atlanta Fed offers ways rural institutions can keep and nurture talent while pooling resources with their peers to excel in a challenging environment. ... Read full article
Fed payment system experiences second disruption of 2019
The Federal Reserve is investigating what may have caused delays in the processing of ACH transactions that began late Wednesday and continued into Thursday morning. ... Read full article
Noncash payments fraud is on the rise: Fed study
The central bank found that the increase in noncash payments fraud from 2012 to 2015 was still just a small fraction of overall payments. ... Read full article