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McDonald’s Will Open 200 Restaurants In Nordic Region

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McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! In fact, the number of customers McDonald’s draws has reportedly been dropping every year for the past four, falling just over 2 percent in 2016.

Regional 116
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Paytronix Picks Payments Industry Veteran Porter For Board

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Porter nabbed the 2016 EY Entrepreneur of the Year Award in the Financial Technology category for the Central Texas region. Amy is an exceptional entrepreneur,” said Nick Cayer, partner at Boston-based Great Hill Partners. In 2019, Porter took on the role of executive chairman at AffiniPay.

Industry 130
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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

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The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109
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Barclays Supports Circle Social Payments App

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This marks a milestone for this digital currency company, which has rapidly been making a name for itself in the FinTech ecosystem in the region. Circle is a Boston-based startup that has major VC backers, along with big banks like Goldman Sachs and Digital Currency Group as an investment firm backer.

Payments 100
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Corporate Banks Need Radical Tech Shift, Say Analysts

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And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. ” Positive Developments, New Opportunities.

Survey 109
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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

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The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

Apple 101
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Amazon Tracker: Cities Clamor To Become Amazon’s Home Away From Home

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However, the algorithm doesn’t know the difference between Hanukkah and a hurricane, nor does it differentiate between a Hatchimals craze (see: Christmas 2016) and supplies necessary for weathering a severe natural disaster. Therefore, cities and states are willing to offer ridiculous terms and benefits, including massive tax breaks.

Seattle 110