PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. Montgomery will also retain his position at the Boston Fed, where he focuses on services for the U.S.

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PYMNTS

AUGUST 15, 2019

“Ken brings deep financial services insights and technical expertise to his new role,” said Esther George, president and chief executive officer, Federal Reserve Bank of Kansas City, who is also the sponsor of the Fed’s payments improvement initiative. “He

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PYMNTS

AUGUST 25, 2017

According to Esther George, Federal Reserve Bank of Kansas City president and chief executive officer, Sapenaro played a prominent role in developing those strategies. Three years ago, Dave led the development of the strategies paper and our initial plans for pursuing the desired outcomes for payment system improvement,” George said.

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PYMNTS

SEPTEMBER 7, 2017

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.

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