Boston, Cleveland and Digital Banking - Community Banking Brief

Bank of America To Update Branches In Response To Customer Behavior

PYMNTS

APRIL 5, 2019

David Tyrie, head of consumer advanced solutions and digital banking, said that by 2021 Bank of America’s branches and ATMs will cover upwards of 90 percent of the population in the United States. . However, recently some banks have chosen to go in the opposite direction. There’s also a plan to install 2,700 new ATMs.

America

America ATM United States Cleveland

Fed, Central Banks Frame Criteria For Digital Currency

PYMNTS

OCTOBER 9, 2020

Fed Governor Lael Brainard said in August 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.” The Fed also launched an instant payment initiative in August.

Cleveland

Cleveland Boston Survey National

Community Banking Brief

Bank of America To Update Branches In Response To Customer Behavior

Fed, Central Banks Frame Criteria For Digital Currency

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