Federal Reserve News, Articles and Updates

Massive cyber-heist pulled on Bangladesh's central bank

Over £57 million has been stolen from the Bangladeshi Central bank by hackers - Bangladesh government threatening to sue the New York Federal Reserve Bank.

US still lags on chip and pin for card security

Speaking at a US Federal Reserve conference in Missouri, Jerome Powell called EMV card deployment a step forward but questioned the security of cards that use signatures, not PINs, for authentication.