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Boston Fed Takes On Cyber Risks, FinTech Competition

PYMNTS

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

Boston 100
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Why Health And Beauty Retailers Are Driving Digital Innovation

PYMNTS

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. First to test the infrastructure will be Siam Cement Public Company, which will adopt the technology for its procurement and supplier payments operations. And when it comes to legacy rails, the U.S. RTP Gains Community Bank Traction.

Fraud 266
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Amazon, Berkshire, JPMorgan Healthcare Venture Finds A CEO

PYMNTS

Rather, we share the belief that putting our collective resources behind the country’s best talent can, in time, check the rise in health costs while concurrently enhancing patient satisfaction and outcomes.”. The new company will be based in Boston and will operate as an independent entity free from profit-making incentives and constraints.

Boston 100
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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. But she added that such innovation has raised “fundamental questions” about legal and regulatory safeguards. A Liquidity Boost? . That increased spending then continued for the following 10 days.

America 189
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Celent Model Bank Awards: Fraud, Risk Management, Process Automation and Flub-Free

Celent Banking

A large number of the entries show that a streamlined and automated operational risk framework is critical to run a successful risk management program. We will be announcing all winners publicly on April 4 at our 2017 Innovation & Insight Day in Boston. At the moment we are staying tight-lipped about who won the awards.

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IdentityMind Global Appoints Business-Tech Vet To Board

PYMNTS

Zander’s experience led to the successful reorganization of the company, as he oversaw the introduction of several new products and sharpened Motorola’s focus on innovation and operational efficiency. Before that, he served as president and chief operating officer of Sun Microsystems until June 2002.

Boston 100