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A new printing process allowed by new equipment may make obsolete the need to print star notes to replace imperfect notes, as non-sequential printing will be possible.

FinancialContent fully hosted finance channel

FinancialContent fully hosted finance channel

Get Permission The Federal Reserve's online money transfer system, including Fedwire Funds and FedCash, suffered an outage for more than three hours Wednesday afternoon, with the Fed citing technical issues as the cause and not a cyber incident. The bank began restoring services by late afternoon, but at its height, the outage affected the Federal Reserve's Account Services, Central Bank, Check 21, Check Adjustments, FedACH, FedCash, FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web, Fedwire Funds, Fedwire Securities and National Settlement Services. These services are used ...

Print this article The Federal Reserve Bank experienced widespread outages for most of its services Wednesday, including those used for fund transfers, in what the central bank called an "operational error." The Federal Reserve Bank notified users on its website shortly after 1 p.m. it was investigating a disturbance in "multiple services." "A Federal Reserve operational error resulted in disruption of service in several business lines," Federal Reserve Bank of Richmond's Jim Strader told the Washington Examiner. "We are restoring services and are communicating with all Federal Reserve Fin...