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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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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

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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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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

and its subsidiary BofI Federal Bank aspire to be the most innovative branchless bank in the United States providing products and services superior to their competitors, branch-based or otherwise. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota.

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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. AMG National Trust Bank. HNB National Bank. Philadelphia.

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Blooom Named “One in a Million” in Kauffman Foundation Startup Competition

Fintech Labs Insights

Just over a month after securing a $4 million in an investment round led by QED Investors , 401(k) innovator Blooom has been named “One in a Million” in the startup competition sponsored by the Kauffman Foundation. “I was humbled to be considered among the best from across the nation. .

Kansas 12
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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.”