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Study: Virus Has Sent Most Adult Children To Live At Home

PYMNTS

An analysis of U.S The numbers are consistent across major racial and ethnic groups, genders, city and rural residents in the nation’s four regions. Last week, despite a better than expected jobs report, Boston Federal Reserve President Eric Rosengren told CNBC a full recovery will not be possible until COVID-19 is under control. “We

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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

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.

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Corporate Banks Need Radical Tech Shift, Say Analysts

PYMNTS

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. The analysis was drawn from a survey of 300 business banking units ranging in size.

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Tech Center: Startup Genome’s 2017 Global Startup Ecosystem Report

PYMNTS

This report purports that technology is the game changer when it comes to bridging the gap between the startup-heavy places, like Silicon Valley and Boston, and the rest of the world. The analysis of each global ecosystem includes metrics based on performance, funding, market reach, talent, startup experience and resource attraction.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. The Greater Boston Food Bank (GBFB) is among the nonprofits working to feed local communities this holiday season is the which provides food services to 190 towns as well as cities in the eastern Massachusetts region.

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How to Offset an Evaporating Data Center

Gonzobanker

Attracting and keeping technology talent at a regionally based financial institution is a constant struggle. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix. Tech Talent Famine.

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Reading Predictive Tea Leaves With Smart, Big Data

PYMNTS

Such data analysis is not scalable, or perhaps even possible, with the entrenched method of creating spreadsheets — forecasting demand off those spreadsheets and sending those forecasts across far-flung, possibly global locations within a company. The Way It’s Been Done.

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