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Boston Fed’s Allison Baller to speak at Bank Automation Summit U.S. 2024

BankInovation

Allison Baller, Federal Reserve Bank of Boston vice president and head of industry readiness for FedNow, will speak at Bank Automation Summit U.S. Baller will join the panel “Strategies for automating real-time payment processes” on Tuesday, March 19, at 3 p.m.

Boston 64
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Deposits provide better-than-expected results at State Street

American Banker

The giant custody bank convinced clients to park more money in accounts with the Boston-based company, prompting it to increase its full-year 2024 projections, Chief Financial Officer Eric Aboaf said.

Boston 69
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Fed Exploring ‘Hypothetical’ Digital Currency

PYMNTS

In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that the Federal Reserve Bank of Boston is working with researchers at MIT to “build and test a hypothetical digital currency oriented to central bank uses.”.

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Fed Launches FedNow Community For Instant Payments, Seeks Participants

PYMNTS

The Fed acknowledged the challenges brought on by the coronavirus but noted the FedNow Service is still scheduled to be unveiled in 2023 or 2024. Montgomery, Federal Reserve Bank of Boston first vice president, in a statement.

Community 234
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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

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 . How does one then turn that into cash?

Payments 244
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Portugal's SIBS Takes Payments Platform International

PYMNTS

the Federal Reserve System’s involvement in high-speed payments work includes the FedNow project, which has a target service date of 2023 or 2024. The announcement from Lisbon, Portugal comes as bankers around the world are working to improve the speed with which secure and economically reasonable transactions can be carried out. In the U.S.,

Payments 167
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Top 13 Bank, Fintech & Financial Services Marketing Conferences

Fintech Labs Insights

Some events pay referral or listing fees, which could impact positioning.