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As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

online bill payments made by consumers in 2016 were conducted via biller-direct sites, up from 62 percent in 2010. They accounted for 27 percent of online bill payments in 2016, down from 38 percent in 2010. That’s despite the frictions that plague such payments, like slower transaction times and security flaws.

Industry 105
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Ex-State Street Execs Charged In Defrauding Scheme

PYMNTS

The pair charged — Ross McLellan and Edward Pennings — face a five-count indictment, touching on conspiring to commit securities fraud and wire fraud and also two counts apiece of securities and wire fraud. 2010 and Sept. The indictment itself alleges that the two — during a timeframe that stretched between Feb.

Fraud 100
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State Street Settles Secret Commission Charges, Pays $64.6M

PYMNTS

Attorney William Weinreb in Boston said in a statement, according to Reuters. Securities and Exchange Commission. From 2010 to 2011, prosecutors contend the two added secret commissions to fixed-income and stock trades for the six customers. Under the terms of the settlement, State Street agreed to pay $32.3 million (about $37.8

Boston 100
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The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. He stayed with the company through its acquisition by Amazon in 2009 and joined Sequoia Capital as Partner in October 2010. BILL GURLEY. JEFF JORDAN. MARY MEEKER.

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What Payments Innovators Can Learn From Monkeys

PYMNTS

In 2010, two researchers at MIT’s McGovern Institute for Brain Research published a paper that shed new light on how the brain makes decisions to stick with or change routine behaviors. We’ll have to wait and see what Amazon has in store for Blink , the Boston-based outdoor security camera company it bought last year.

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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

Encouraging news for everyone -- all 50 states (and the District of Columbia) have seen their average FICO ® Scores as of April 2019 increase when compared to their average scores at the height of the great recession period (2009-2010). Paul and Boston. MSA 1 (City) Level View. At the MSA level, we see similar trends.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

Total raised: Unknown (carved out of Royal Bank of Scotland in 2010). Secure messaging for financial services. HQ: Boston, Massecheusetts. Tags: Enterprise, IDology (investor), security, risk management, payments, Finovate alum. Here are the deals by size from Oct 10 through Oct 16: . Payment processer. Latest round: $3.3