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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

Fraud 266
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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . But as with any nascent payments technology, the bad guys are always lurking – especially with cryptos, where anonymity is prized.

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Getting Mobile Ready

Independent Banker

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations). Adds in Social security.

Video 40
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Finovate Spring 2018 – Day 2

William Mills

Again another financial wellness platform using machine learning technology. HQ: Boston, MA. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Pretty good dashboard. Website: projectfinance.io. Twitter: @yourfinanceapp.

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Startup of the Week: Monit Powers a “Financial Companion” for Financial Institutions to Offer Small Businesses

Fintech Labs Insights

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Funding : $750k per Crunchbase (as Signal Financial Technology). Monit explainer (3 minutes). Last week we highlighted Icon , one of our favorite early-stage startups at FinovateFall. Business model : Primarily B2B2C.

Boston 15