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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. Treasury and financial market, among other responsibilities. Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec.

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Agricultural Alert!

Independent Banker

In a surprise move, congressional leadership sought to reduce the crop insurance program by $3 billion at the end of 2015 to offset other spending initiatives. Falling crop prices—exaggerated by weak currencies in many foreign markets—are expected to pressure U.S. Robert Johansson, USDA economist. Ongoing concerns. Rural housing loans.

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Temenos to Acquire Kony: So What?

Gonzobanker

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. market expansion. market has been a hard row to hoe for Temenos. market – already well established internationally from the aforementioned growth. So now you can lose those European loafers and wear these [cowboy boots].”

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Nurturing New Businesses

Independent Banker

Some startups may be the brainchild of an engineers with a feature-rich product, but with no idea how to market it or even if a market exists for their gee-whiz product. A bank representative would teach commercial money management, while the business owner could relate his or her real-world operating experience.

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

PYMNTS

For those keeping score at home tracking Amazon’s various attempts at automating and roboticized its operations, the scoreboard lit up this week an awful lot. The InHome service will launch in three cities to start: Kansas City, Missouri; Pittsburgh, Pennsylvania; and Vero Beach, Florida. It was disbanded a year later.

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