Remove Kansas City Remove Operations Remove Security Remove Technology
article thumbnail

Fed Names New Payments Security Leader

PYMNTS

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. 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.

Security 112
article thumbnail

Small banks: Big challenges and big opportunities

Abrigo

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. I don’t want my veteran bankers writing a credit memo,” he said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fed Names Leader For FedNow Faster Payments Service

PYMNTS

“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

article thumbnail

Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach

PYMNTS

House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. Uber Turns App Into ‘Everyday Operating System’. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the development of FedNow and its U.S.

Data 122
article thumbnail

Mobile Payments: What’s In It For Me?

PYMNTS

Vodafone is the third-largest mobile operator in the U.K. Operator East Japan Railway Company alone served 17.4 But security is an ever-present concern. However, our research continues to show that security remains a key concern for all mobile payment users.” And The Brits Are Already Well On Their Way.

Mobile 100
article thumbnail

Ant Financial Acquires EyeVerify

Fintech Labs Insights

Terms of the deal were not disclosed, but EyeVerify will remain in operation as a wholly-owned subsidiary of Ant Financial Services and will remain headquartered in Kansas City, Missouri. More recently, EyeVerify demoed its technology here in the U.S. at FinovateFall 2016 (demo video available soon).

article thumbnail

EyeVerify’s Partnership with Turkish Reseller Yields Vodafone Contract

Fintech Labs Insights

The first dividend from EyeVerify’s just-announced reseller deal with Turkey’s Olcsan CAD Technology has arrived: the biometric authentication specialist will bring its EyePrint ID to Vodafone’s Cep Cüzdan mobile wallet. The telecom operates in more than 80 cities in the country, and has more than 20 million users.