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Federal Reserve Proposes Special-Purpose "Payment Account" for Eligible Institutions

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Keith Barnett
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James Stevens
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Carlin McCrory
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Keith Barnett
Partner
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James Stevens
Partner
Avatar
Carlin McCrory
Associate

On May 20, the Federal Reserve Board issued a proposal (following a December 2025 Request for Information) to create a new, special-purpose “payment

Customer verifies online purchase with credit card and smartphone at office desk near laptop, mobile payment ecommerce banking secure transaction convenience concept

Get in touch

Avatar
Keith Barnett
Partner
Avatar
James Stevens
Partner
Avatar
Carlin McCrory
Associate

Get in touch

Avatar
Keith Barnett
Partner
Avatar
James Stevens
Partner
Avatar
Carlin McCrory
Associate

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