Fresh Today

Fresh Today

WASHINGTON—President Donald Trump has nominated Randal Quarles to serve on the Federal Reserve Board through January 2032 and to serve four years as its vice chairman for supervision.

ALEXANDRIA, Va.–The NCUA board will consider a proposal for public comment on closing the stabilization fund and setting the share insurance fund normal operating level, as well as address Share Insurance Fund equity distributions, when it meets next Thursday, June 20.

WASHINGTON–Consumers wrote nearly two-thirds fewer checks per household in 2015 than in 2000, while total noncash payments per household, which includes not only checks but also card payments and electronic transfers via the automated clearinghouse (ACH) system, expanded almost 95%, according to additional results released today from the 2016 Federal Reserve Payments Study.

SALT LAKE CITY, Utah–BankOn Mobile Video, an interactive mobile video banking solution, said it has been issued Patent No. 9,699,406 by the United States Patent and Trademark Office, protecting the company’s unique ability to display multiple screens of collaboration and video chat content to customers’ mobile devices.