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Today In Payments: Apple Seeks Punitive Damages Against Epic; Boston Telemedicine Company Amwell Prices IPO

PYMNTS

Boston Telemedicine Company Amwell Prices IPO. Amwell, the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. Amwell plans to raise between $490 million and $560 million. Where People Spent Stimulus Payments – And Where They Didn’t.

Boston 131
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Mastercard acquires data platform SessionM to help brands boost customer loyalty

Bank Innovation

Payments giant Mastercard has acquired Boston-based SessionM, a nine-year-old software company that helps clients improve customer relationships through data analysis. Terms of the deal were not disclosed. Session […].

Boston 170
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Zac Sheffer of Elsen on data analysis and Boston’s thriving fintech scene

BankNXT

Shaun Weston talks to Zac Sheffer from Elsen about data analysis, machine learning, engineering, financial services and the startup scene in Boston. Zac Sheffer of Elsen on data analysis and Boston’s thriving fintech scene on BankNXT.

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Commercial loan automation vendor Numerated acquires financial spread fintech

BankInovation

Boston-based startup Numerated, which automates commercial loan generation, has acquired Fincura, Inc., a spreading automation and financial analysis fintech.

Fintech 96
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Pilot Raises $60 Million To Help SMBs Modernize Finances

PYMNTS

It also assists in tracking and controlling spending, with monthly variance analysis that can help SMBs make better decisions on budgeting and spending, the release stated. Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release.

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

The technology enables more intelligent decisions when it comes to identifying and predicting fraud by providing a meta analysis of attacks, allowing QSRs to create fraud profiles and determine where threats may be located.

Mobile 289
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Retail banks must simplify or die

Chris Skinner

This is Boston Consulting Group’s latest analysis of what’s happening in retail banking. I’m being lazy this week and just posting other people’s reports, but only because they’re really interesting.

Retail 150