May 9, 2023
Glen unearths nuggets from the latest Federal Reserve payments
data with the help of author, retired Fed exec and Payments OG Rich
Oliver. Also- bizarre notions swirling around the insured deposit
limit.
Links related to this episode:
The 2022 Federal Reserve Payments Study: https://www.federalreserve.gov/paymentsystems/fr-payments-study.htm
The Fed’s Check Sample Study: https://www.atlantafed.org/-/media/documents/rprf/publications/check-sample-survey/2023/05/05/2021-survey/report
“The Story of Payments” by Richard Oliver and George Warfel, Jr:
https://www.nacha.org/content/story-payments
Gallup’s poll on consumer attitudes of deposit safety: https://news.gallup.com/poll/505439/half-worry-money-safety-banks.aspx
SoFi’s “FDIC Insurance Network”: https://investors.sofi.com/news/news-details/2023/SoFi-Checking-and-Savings-to-Offer-Access-to-Up-to-2-Million-in-FDIC-Insurance/default.aspx
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initiatives: https://www.big-fintech.com/Products-Services/BIG-Support-365
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