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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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Stifel Launches Lending Unit For Startups And Their Investors

PYMNTS

We view Venture Banking and Lending as an attractive loan and deposit growth vehicle, and we’re excited to be in the market with these new capabilities.”. I am excited to launch this effort at Stifel, which embraces the entrepreneurial spirit, continuous innovation, and responsible financial management.”.

Lending 100
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. The solution facilitates the integration of various back-office functions, including finance, marketing and Human Resources (HR).

US 116
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2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Congrats to Randy and a great management team. Lifetime Leadership Achievement Awards. We salute a legend of lending and credit union leadership.

Fintech 147
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Product Profitability Anyone? The JFB Pro-Growth Matrix

Jeff For Banks

A bank attorney spoke at a recent Financial Managers'' Society (FMS) meeting that I attended. His topic: Leadership. One such firm is the Boston Consulting Group (BCG), creator of the Growth-Share Matrix that depicts the potential for a company''s products based on growth prospects and market share.

Boston 93
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18 Corporate Innovation Labs In Healthcare

CB Insights

” Here, a team of over 60 professionals in healthcare, design, IT, and project management work around a business strategy called design thinking. This simplifies the prescription filling process for patients and improves pharmacy inventory management. Boston Children’s Hospital — Innovation and Digital Health Accelerator (IDHA).

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. From one perspective, the position of management consulting as an industry has never seemed more secure. Those companies made plans.