Remove Boston Remove Cleveland Remove Online Remove Technology
article thumbnail

Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Digital dollars could make the leap from concept to reality, but there might be a few ways to get there.

Cleveland 330
article thumbnail

Bank of America To Update Branches In Response To Customer Behavior

PYMNTS

The modernized branches will have more interactive technology and a layout that will help customers who need longer visits for more complicated issues. “We As more and more people are handling routine transactions online, banks have been slowly reducing the number of branches they have. It fell from 38 percent to 26 percent in 2016.

America 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

18 Corporate Innovation Labs In Healthcare

CB Insights

From the digitization of medical records to smart patient care platforms, technology is disrupting the healthcare industry. The Mayo Clinic Departments of Information Technology and Public Affairs teamed up with CFI to create the Mayo Clinic App. One solution: in-house healthcare innovation labs. Cardinal Health — Fuse. Founded: 2014.

article thumbnail

Not a Session at Acquire or Be Acquired: Culture

Jeff For Banks

When Raphael Reznek, CIO of Mascoma Bank, spoke about the biggest challenge to launch online account opening: "our internal culture". When Mike Butler, CEO of Radius Bank, spoke of technology experimentation and implementation: "you have to change the culture in the company". Mike is from Cleveland. resilience There I go.