Motley Fool Money reports that the median US household savings account balance is $8,000, with disparities across demographics and age groups.

The Federal Reserve has opened a portal for public feedback regarding a proposal for fintech firms and crypto companies to access the US central bank’s payment infrastructure on a limited basis, ...

The US Federal Reserve Board has proposed a new “payment account” that certain financial institutions could use solely for clearing and settling payments. This may appeal to Fintechs in the payments ...

This proposal could mark a significant operational development in how the Federal Reserve interfaces with payment-focused institutions and fintechs. Because the proposal concerns the operational ...

On December 16, the Federal Reserve Board issued a Request for Information on a new special‑purpose “Payment Account” prototype, which is essentially a stripped‑down Federal Reserve Bank account ...

Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.” The US Federal Reserve ...

Brad Garlinghouse, the CEO of Ripple Labs, called out the Wall Street banking lobbyists who have sought to resist the movement of his company and other crypto firms into the banking sector and into ...