What Famed Boston Eatery Petit Robert’s Owner Sees As Restaurants’ Future
PYMNTS
MAY 22, 2020
Boston’s Petit Robert Bistro , one of the city’s fanciest French restaurants, started 2020 with expectations that were anything but small.
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PYMNTS
MAY 22, 2020
Boston’s Petit Robert Bistro , one of the city’s fanciest French restaurants, started 2020 with expectations that were anything but small.
PYMNTS
JUNE 19, 2020
While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock. . The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. billion. . “By
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PYMNTS
DECEMBER 23, 2019
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.
PYMNTS
DECEMBER 23, 2019
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.
Perficient
JULY 30, 2020
BuiltIn Boston , an online tech community, recently interviewed Hiral Shah , a lead technical consultant at Perficient, to discuss the importance for women to self-advocate and the benefits she has realized as a result. Learn more about what it’s like to work at Perficient at our Careers page.
Abrigo
MAY 11, 2020
On May 8, 2020, the Financial Crimes Enforcement Network (FinCEN) reissued their Geographic Targeting Orders (GTOs) to include the same 12 metropolitan areas issued in November 2019 (read here ). The purchase amount threshold remains at $300,000 and will remain in effect until November 5, 2020. The GTO requires U.S. Learn more.
PYMNTS
NOVEMBER 3, 2020
Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. percent of overall orders in Q3 2020 in contrast to 67.3
PYMNTS
JUNE 8, 2020
I look forward to working with the Paytronix team to bring its industry-leading innovation, including contactless ordering for table service … to markets around the globe,” said Porter. TA Associates acquired a majority of AffiniPay in February 2020, with Great Hill exiting its investment.
PYMNTS
DECEMBER 21, 2020
You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. 23-25, 2020. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend.
PYMNTS
SEPTEMBER 23, 2020
Such has been the case for Boston wine bar haley.henry , an eatery known for small plates, tinned fish and all-natural, small-batch wines shipped from all over the world. The pandemic has been fundamentally disruptive for restaurants, requiring rapid pivots — mostly on the fly.
Independent Banker
NOVEMBER 30, 2021
Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. Online U.S. Online U.S. The best defenses against fraud.
PYMNTS
JANUARY 9, 2021
In it, a series of Boston Dynamics robots definitively answer the question: Do you love me, now that I can dance? Which, according to Aaron Saunders , Boston Dynamics’ VP of engineering, is pretty much the point: introducing the world to the fun side of robotics. The answer, incidentally, is yes. Yes, we do. and a dozen for $7.49.
PYMNTS
SEPTEMBER 24, 2020
Amazon announced plans for Sidewalk last year, and the company said in this week’s update that it is now set to launch the initiative at some point in 2020. Call it “home connectivity beyond the home.”. eCommerce giant Amazon announced new details this week about Amazon Sidewalk, its bid to create a distributed (localized) IoT network.
PYMNTS
JULY 30, 2019
in early 2020 through an agreement with Uber Eats.”. This rapid growth is expected to boost the market’s value to $38 billion by 2020. Need more evidence of the rise of mobile-order ahead offerings as 2019 gives way to 2020? Mobile represents roughly 60 percent of all digital restaurant orders today. Just look to Google.
PYMNTS
JULY 6, 2020
Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. Not one to rest on his innovations, third-generation owner Bob Wong recently had two ideas as he was assessing ways to generate revenue amid the Massachusetts state-ordered lockdown and subsequent indoor dining restrictions.
PYMNTS
MARCH 20, 2018
The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Over the next five years, we expect 30 percent of traditional corporate banking revenues to be accessible solely through digital channels.”.
PYMNTS
OCTOBER 19, 2020
The pandemic and its unexpected duration have put an exclamation mark on this powerful dynamic in the physical world by accelerating the demise of the shops, malls and restaurants that were already on shaky ground in January of 2020. The owner of an upscale hair salon in Boston is an example of a business living this reality.
PYMNTS
JUNE 20, 2019
And rapid growth is expected to boost the market’s value to $38 billion by 2020. To meet this rising demand, QSRs are tapping into ordering interfaces built into cars and reconstructing stores to make for smoother mobile pickup — along with other innovations.
PYMNTS
SEPTEMBER 17, 2020
Our enhanced agreement with DraftKings provides innovative opportunities as we look to deliver a best-in-class fan experience,” Giants Chief Commercial Officer Pete Guelli said in a statement. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.
PYMNTS
SEPTEMBER 28, 2019
But luckily, where there is a problem, there is typically an innovative entrepreneur selling a solution – and in the case of sleep, there are a lot of solutions out there. billion globally by 2020. Boston Med has offered Sleepio since 2016. The mattress market alone is worth a whopping $15 billion. But does it really work?
PYMNTS
OCTOBER 9, 2020
For those who operate restaurants or simply enjoy them, 2020 has been a nightmare. Drive-thrus have proven to be exceptionally popular, with visits to them increasing by 26 percent in Q2 2020 and accounting for 42 percent of all restaurant trips during this period. cities, including Boston, Chicago, New York and Washington, D.C.”.
PYMNTS
AUGUST 24, 2019
Last year, in fact, some 80 million people bought mobile game tickets – and it is fairly certain that number will continue to increase in 2019 and into 2020. These teams are looking to mobile apps to innovate payments in a way that will revitalize purchases and the game experience.
PYMNTS
JANUARY 30, 2019
Mall developer James Rouse was known for many innovations, but his best known might have arguably been the food court. As it stands, the chain has locations in cities such as Boston, New York and Los Angeles, among others. He added, “We all have to continue to adapt; when you have an innovative mind-set new ideas come to light.”.
PYMNTS
DECEMBER 18, 2019
Both Anheuser Busch and Boston Beer Company (better known as Sam Adams) have released their own versions of spiked seltzer. The gradual shift away from drinking as a central social activity has also created an entrepreneurial opportunity for innovators looking to fill a vacancy. White Claw was the fad drink of the summer and did $1.2
PYMNTS
MARCH 25, 2019
“This is now about one product that works for your entire life,” Kirkpatrick said, noting that Mastercard has already embedded its contactless-enabling technology in 16 metro areas, including Los Angeles, Boston, New York and Denver, “which means this is no longer a change coming on the hypothetical horizon, but one coming very soon.”.
PYMNTS
OCTOBER 12, 2020
As of fall 2020, a third of consumers report that they are very or extremely likely to select a merchant based on the availability of suitable digital, touchless offerings. And the depth and breadth of that consumer changeover has made itself seen in PYMNTS’ six months of consumer surveys , and in our latest round of data.
PYMNTS
MAY 10, 2018
Nouchi noted his transit system is marked by density of population and high use — and has the fifth-highest ridership in the nation, taking its place alongside New York, San Francisco and Boston, for example. Notably, he said, some of those transit-innovating peers are on their second or third generation of smart cards. How bustling?
PYMNTS
JUNE 10, 2020
The state legislature adopted such regulations in late 2019, permitting these services for use beginning in January 2020. Florida was one of the few states that had legalized RON services prior to the initial outbreak. The state of Florida requires that RON sessions be recorded.
PYMNTS
DECEMBER 31, 2020
For Main Street businesses, to say 2020 was challenging is an understatement. The good news, according to PYMNTS data , is that as 2020 is coming to a close, small- to medium-sized businesses (SMBs) are feeling genuinely more confident about their odds of continued survival than they were when the pandemic began.
PYMNTS
FEBRUARY 22, 2018
Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. And Grubhub has been in expansion mode , gobbling up Boston-based Foodler, Groupon’s OrderUp and Yelp’s Eat24 in 2017.
PYMNTS
APRIL 30, 2018
Store count isn’t everything,” CEO Suzanne Greco told The Boston Globe. The apparel retailer is reportedly shifting its focus to Old Navy and its Athleta brand while shuttering around 200 struggling Gap and Banana Republic locations by 2020. Subway has 44,000 locations worldwide, all of them independently owned.
Gonzobanker
DECEMBER 17, 2021
It was a cray cray year for mergers and acquisitions (M&As) in 2021 coming out of COVID slowdown in 2020. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. We can’t wait to see next year’s successes. THE BANKER AWARDS. Bank Deal of the Year. 82% to over 2.3% You tell us.
CB Insights
SEPTEMBER 6, 2017
How will we shop in 2020? MiniLuxe is a nail and beauty lifestyle lounge with locations in Dallas, Rhode Island, Los Angeles, and Boston. Follain is a healthy beauty store with locations in Boston, Washington DC, and Nantucket. Select VC Investors: Breakaway Innovation Group. New Frontiers in Retail Tech. RESTAURANTS.
CB Insights
SEPTEMBER 26, 2018
Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. According to CEO Brian Cornell: “In urban markets like New York or Chicago, San Francisco, Boston and D.C., how retailers can survive (and thrive) this holiday season. First Name. What’s next?
Banking 2020
FEBRUARY 2, 2016
Regardless of how and why they hit the market, some technology-driven innovations seem to lend themselves to particular vertical markets and/or disciplines. There are lessons to be learned from experiences in retail. Wearable technologies? Ideal for healthcare—fitness tracking alone represents a big draw, and there’s much more to come.
PYMNTS
NOVEMBER 9, 2020
there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. As noted by Platformable in its quarterly report on the state of open banking, in the second quarter of 2020, roughly 21 percent of European and U.K.
PYMNTS
FEBRUARY 15, 2020
In many ways, 2020’s version of New York Fashion Week was much like any other year. Bonus points to the influencer who can find a way to combine all of those design elements into a single outfit – the team at PYMNTS just can’t wait to see that conglomeration on the streets of Boston this spring. Or at least it did.
PYMNTS
DECEMBER 20, 2019
The year may be winding toward a close and slowing down, but this week the world of payments showed signs of neither as big players seemed to be racing down to the wire to get their big news out before the clock strikes 12 on the 31st and the calendar resets to 2020. The B2B Receivables Revolution . for each share.
PYMNTS
OCTOBER 16, 2019
The Paytronix platform, used by more than 400 restaurants and other types of merchants to personally engage with customers, collaborated with PYMNTS on a recent deep dive into restaurant innovation and trends. Loyalty programs will also keep increasing in importance in the coming months, and into 2020. restaurant market.
CB Insights
SEPTEMBER 4, 2018
“e-Palette” will debut at the 2020 summer Olympic games. The plan is to debut the e-Palette at the 2020 summer Olympic games in Tokyo. Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. Working on a multi-function autonomous vehicle with Toyota.
Fintech Labs Insights
SEPTEMBER 24, 2020
This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Related: Watch 31 Fintech Demos Named “Best of Show” at Finovate in the Past 16 Months (Sep 2020). Watch 8 Fintech Startups Pitch at Innovate Finance Pitch360 Finals. Monit explainer (3 minutes).
Fintech Labs Insights
SEPTEMBER 24, 2020
This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Related: Watch 8 Fintech Startups Pitch at Innovate Finance Pitch360 Finals. Monit explainer (3 minutes). Last week we highlighted Icon , one of our favorite early-stage startups at FinovateFall.
CB Insights
JULY 23, 2020
A completely remote workforce seems unlikely, given the intangible benefits of social connection, collaboration, and innovation that in-person working provides. At the end of May 2020, Salesforce reopened its offices in South Korea, Hong Kong, and China. The company received $20M in Series B funding in March 2020.
PYMNTS
SEPTEMBER 30, 2016
Fall has arrived in Boston and we are sizzling. Complain about regulators ringing the life out of innovation – well, too bad, they’ll say. The Red Sox clinched the AL East and the Pats are 3-0 even with a third string QB. Not that we want to rub it in or anything. They were …. Put one in the win column for Amex.
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