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Fed Names New Payments Security Leader

PYMNTS

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. Treasury and financial market, among other responsibilities.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Economy , supervisory and risk specialists from the Federal Reserve of Kansas outline top challenges and opportunities regarding the future of community banking. Technology is an obstacle and an opportunity. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management.

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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. For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. I don’t want my veteran bankers writing a credit memo,” he said. The result? The result?

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

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Hospital ERPs Find Promise In The Cloud

PYMNTS

Cloud technology is relatively old, considering the pace of innovation in the back office. “In the traditionally stagnant market of ERP (HR, finance and/or supply chain), aging, on-premise solutions are giving way to several cloud options now on the table,” KLAS stated, according to RevCycleIntelligence this week.

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Predicting the future

Celent Banking

I also found myself rummaging through some old materials and came across an interesting paper on how financial markets might look in 2020. Firms will be selling to market segments of one.” serving as the Chairman of Bankers Trust at the time, at the Kansas City Fed’s economic symposium. Sanford, Jr.,

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End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

EST in South Carolina, there will be a total solar eclipse — with Idaho, Wyoming, Montana, Nebraska, Iowa, Kansas, Missouri, Illinois, Kentucky, Tennessee and Georgia all enjoying prime viewing slots between start and finish. Today, between 12:05 p.m. EST/9:05 a.m. PST in Oregon and 2:48 p.m. One way or another, we will all find out soon.

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