PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. The Timeframe . Digital Dollars, Too? .

Payments 244

Payments Boston System Operations 244

PYMNTS

OCTOBER 18, 2020

The Instant Payments Solution platform from SIBS, launched in 2018 to ensure instant payments processing at a national level, is now also providing these operations between European financial institutions. Larger companies could leverage instant payments for better liquidity management, as they juggle payroll or invoices,” he said.

Payments 167

Payments Boston System Survey 167

PYMNTS

AUGUST 7, 2020

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. As for a time frame for launching the new system, Fed officials said in a webcast detailing the particulars that FedNow would debut in 2023 or 2024 and would take a phased approach to implementation.

America 189

America Kansas City Payments Kansas 189

Independent Banker

JANUARY 31, 2022

The FedNow Service is launching in early 2023, giving community banks about a year to plan. 2022 will be a big year as we move from development to pilot testing and begin to engage more with financial institutions in active planning,” says Nick Stanescu, senior vice president, FedNow business executive, the Federal Reserve Bank of Boston. “We

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

APRIL 27, 2018

A 2014 study by Northwestern University’s Kellogg School of Management found that’s the case, revealing evidence to support that seven-second rule of thumb. The restaurant, Spyce , is set to open this spring in central Boston. QSRs also embraced popular third-party technology as part of their operations, including at kiosks.

Innovation 105

Innovation Study Google Survey 105

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. I joked that I’d be a shoo-in for the job. All while keeping prices low for consumers.

Cards 169

Cards Course Study New York 169

Independent Banker

JULY 31, 2022

Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. I counsel my community banks to be careful about extreme growth in rising rate environments,” says Jim Adkins, managing partner at Artisan Advisors in Barrington, Ill. Invest in tomorrow’s talent. Connors, Jr., Connors, Jr.,

Strategy 135

Strategy Community Bank Louisville Community 135