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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. Montgomery will also retain his position at the Boston Fed, where he focuses on services for the U.S. Treasury and financial market, among other responsibilities.

Security 112
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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 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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Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

But, I think we have another strong contender with the latest challenger, Boston-based Envel. From the outside anyway, Envel looks to be a case study in leveraging partners’ technology to stitch together world-class features without building in house. It has the tech. It has the team. Fundamentals: Founded: 2018 Funding: $2.7M ($2.6M

Fintech 15
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Mobile Payments: What’s In It For Me?

PYMNTS

In London too, Apple Pay works on the Underground, buses and trains, and the company is keen to serve Boston, New York and other cities with tap-and-pay mobile services. ” While the Fed added fuel to the cybersecurity fire today as Kansas City Federal Reserve President Esther George stated that concerns with cybersecurity in U.S.

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