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COVID-19 Pivot: Boston Restaurateur Turns Idle Space Into Cozy Money Maker

PYMNTS

That “something a little more useful” is a cozy new watering hole called Offsuit, which opened last week under strict state and local regulations concerning hours, seating and food requirements. “A Then the city of Boston told us we have a curfew of 10:00 p.m., like our liquor license tells us we can,” Campbell said.

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Top News In Payments: UK Regulators’ Data Violation Fines Top $126M; Google CEO Calls For AI Governance

PYMNTS

regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international cooperation in artificial intelligence (AI) governance and U.K. UK Regulators’ Data Violations Fines Top $126.5M. Regulators in the U.K. In today’s top payments news, U.K.

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Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis

PYMNTS

It starts with an undergrad degree from Boston College and a law degree from Boston University. But a slew of Boston area residents are thankful that she hasn’t. She has capitalized on her experience by changing directions. Then I came back to Boston and I said, ‘You know, I really would like to do a small business.

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Opacity vs. Transparency at the Federal Reserve Stress Testing Conference

Abrigo

Last week, the Federal Reserve hosted a stress testing conference in Boston, MA. The conference brought together regulators, bankers, economists, and others to discuss the most important annual check on the stability of the banking system. This success paves the way for increased capital distributions.

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Why One Startup Is Desperately Seeking Regulation

PYMNTS

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. And while that is bad news for a startup like Uber, as it turns out, instinctive fear of the regulator is not an endemic condition among startups. Kennedy School of Government.

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Eastern Bank Readying For IPO

PYMNTS

Boston-based Eastern Bank , the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. The more than 200-year-old bank, originally founded 1818, has filed plans notifying the U.S.

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Bitcoin Futures Rollout In Jeopardy

PYMNTS

Intercontinental Exchange ( ICE )’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to the paper, what’s holding up approval is a disagreement about how Bakkt (the name for the bitcoin futures) should be regulated.

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