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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

Brainard, Kansas City Fed President Esther George and Boston Fed First Vice President Kenneth Montgomery also noted that the FedNow system will provide another option in a landscape already populated by, for example, The Clearing House Payments Co. FedNow Will Augment Private Systems, Not Replace Them .

America 189
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Tech Center: Fishers Deepens Its Technology Innovation By Launching IoT Lab

PYMNTS

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. This city took a different approach to bring in the tech community. In the next few years, Fishers, Ind.,

Indiana 100
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Fed Names New Payments Security Leader

PYMNTS

Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. The position means Montgomery will chair the Secure Payments Task Force, one of several task forces the Fed has formed to promote innovation and advancement in the industry.

Security 112
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Boston’s Bridj Wants Self-Driving Robots To Deliver Goods

PYMNTS

Bridj — a Boston-based transportation startup that acts like an Uber for bus rides and currently serves the Boston, Washington, D.C., and Kansas City areas, now wants to launch a package delivery service that would use self-driving droids to transport packages to a customer’s front door, according to The Boston Globe.

Boston 101
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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Trent Sorbe, President, Central Payments Division, Central Bank of Kansas City, Kansas City, MO.