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Federal Reserve Board

Latest Headlines

Latest Headlines

Customers are leaving banks that don't offer mobile banking services

Customers are leaving banks that are not offering mobile banking services, such as balance inquiries and transfers and bill payments through photo imaging, the Wall Street Journal reports.

Fed: One-fifth of U.S. subscribers access mobile banking services

The Federal Reserve Board is banking on mobile services to transform the American financial landscape. A new Fed survey issued Wednesday reports that one out of five U.S. subscribers used their