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

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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.,

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Fed Says America Needs Instant Payments As Soon As Possible

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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 .

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Fed Names New Payments Security Leader

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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.

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