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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

For the Fed, progress means improving the speed, security and efficiency of the payments system, and to focus on international payments capabilities and promote collaboration within the field. Since establishing the Secure Payments Task Force, the Fed said efforts on payments security have been closely aligned with those on payments speed.

Payments 124
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How is the Fed progressing to faster payments?

NCR

When it comes to the adoption of faster payments solutions, the US has been lagging behind some other nations in recent years. The Fed has also been examining potential challenges to successful faster payments implementation, with a particular focus on issues such as provider interoperability, standards, governance, and security.

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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Cumberland Security Bank, Inc. Douglas National Bank. First Security Bank of Deer Lodge. Central Bank of Kansas City. Kansas City. FSNB, National Association. Pioneer Trust Bank, National Association. Oklahoma City. AMG National Trust Bank.

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US Government Chooses Partners For Payroll Updates

PYMNTS

The GSA noted that NewPay aims to overhaul existing legacy payroll systems to improve efficiency and security using Software-as-a-Service. “We look forward to working with the Carahsoft and Grant Thornton teams as they provide SaaS solutions to ensure constant innovation and security in our payroll services.”