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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. 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.

Security 112
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Temenos to Acquire Kony: So What?

Gonzobanker

Temenos leadership – first Akcelerant founder Jay Mossman and then Akcelerant/FIS/Sanchez veteran Emily Steele – wins points with the Cornerstone team for straight talk and course-correcting to avoid the common international player sin of over-commitment and under-delivery. This third U.S. launch effort appears to be on a solid pace.

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Nurturing New Businesses

Independent Banker

A bank representative would teach commercial money management, while the business owner could relate his or her real-world operating experience. The Kauffman Foundation , a nonprofit organization in Kansas City, Mo., Innovation Pavilion , a for-profit company in Centennial, Colo., Visit: www.kauffman.org.

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Amazon Walmart Whole Paycheck Tracker: Better Delivery By Any (And Every) Means

PYMNTS

This week was one of the latter, as Walmart hosted its investor meeting in Arkansas and Amazon decided this week’s menu of technological innovations in retail would be an all-you-can-eat buffet. The InHome service will launch in three cities to start: Kansas City, Missouri; Pittsburgh, Pennsylvania; and Vero Beach, Florida.

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