What Famed Boston Eatery Petit Robert’s Owner Sees As Restaurants’ Future

PYMNTS

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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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. Amazon Amazon Robotics boston Innovation jobs News Robots What's Hot

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Facebook Opens New Boston Office

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Facebook , which is headquartered in Menlo Park, California, opened a new office this week in Boston. Facebook boston headquarters News office social media What's Hot

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Citi, Flywire move $2M to secure PPE for Boston hospitals 

BankInovation

A partnership between Citi Commercial Bank and payments fintech Flywire benefited Boston health care workers last month. Carousel Corporate Banking Customer Experience Innovation Strategy Payments Premium Boston Citi Citibank Coronavirus Flywire PPE

Amazon Launches Bookstore In Nashville, 4-Star Store In Boston

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Amazon has announced that it is set to open an Amazon Books location in Nashville, as well as an Amazon 4-star store in Boston. Amazon 4-Star Store B2B Payments bookstore boston Nashville News What's Hot

Airbnb, Eyeing IPO, Removes Boston Listings Due To New Regs

PYMNTS

Airbnb has removed thousands of listings in Boston in response to new regulations regarding residency in the city, according to a report by CNBC. In Boston, units must now register with the city. Boston has received 1,778 applications for registration, and only approved 737.

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New Regulations Prompt Airbnb To Yank Boston Listings

PYMNTS

Airbnb has removed thousands of listings in Boston in response to new regulations regarding residency in the city, according to a report by CNBC. In Boston, units must now register with the city. Boston has received 1,778 applications for registration, and only approved 737.

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Boston Startup Nift Raises $16.5M for Business Gift Cards

Bank Innovation

Boston-based startup Nift has raised $16.5 million in a Series A to fund its platform for “business gift cards,” a way for local businesses to drive customer engagement by providing gift cards to their consumers.

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Lyft Tests Self-Driving Cars In Boston

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Lyft has started its self-driving car pilot with the self-driving car company nuTonomy , matching its riders with autonomous vehicles in parts of Boston. nuTonomy made the announcement that passengers in Boston’s Seaport district will experience self-driving rides on the Lyft network in nuTonomy vehicles. ” Ridesharing autonomous cars boston Lyft News NuTonomy Self-Driving Cars What's Hot

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How Citi and Flywire sped payments to get PPE from China to Boston

Payments Source

The shortage of personal protective equipment (PPE) for medical workers is one of the most troublesome elements of the coronavirus outbreak, though prior work to declutter cross-border supply chain payments provides some hope.

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Boston Fed Pres. Thinks Co-Working Spaces Could Hurt Economy

PYMNTS

The Boston Federal Reserve president think that co-working spaces could ultimately hurt the economy, and even worsen the next U.S. recession. “I

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Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles

PYMNTS

Amazon , announced news on Tuesday (May 1) that it will expand its Boston Tech Hub, creating 2,000 new tech jobs in fields including machine learning, speech science, cloud computing and robotics engineering. Amazon is excited to create 2,000 more jobs in greater Boston,” said Amazon’s Vice President and Head Scientist of Amazon Alexa, Rohit Prasad, who is based in the Boston area, in the press release. “In

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Tech Center: Boston Steps Up Its Tech Game

PYMNTS

Known for its Irish roots and sports teams, the city of Boston has significantly stepped up its technology game over the past few years. With 35 higher education institutions in the Boston area pumping out innovative tech startup companies left and right, the city has attracted big-time players in the industry. In addition to Google, Microsoft, Oracle and IBM, other tech companies have followed suit to have offices in Boston, including Twitter and Amazon.

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Boston Fed Takes On Cyber Risks, FinTech Competition

PYMNTS

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

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How Boston start-up became world's largest network of bitcoin ATMs, cashiers, kiosks

ATM Marketplace

At a time when buying bitcoin was full of friction, Chris Yim and Kyle Powers saw opportunity. Today, their startup LibertyX boasts the largest network of bitcoin ATMs, cashiers and kiosks in the world

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Cannabis Startups Expected To Boost Warehouse Rents In Boston, L.A.

PYMNTS

Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. Real Estate boston legalization Los Angeles Marijuana News Recreational marijuana Rent Retail startups warehouse weed What's HotSpace in those cities will be snapped up as part of a wave of pot legalization that was set in motion when eight states voted to permit cannabis in some form.

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MasterCard Adds Boston To ‘Priceless Cities’ Program

PYMNTS

How can one sum up the history of Boston? And that’s exactly what happened this week after MasterCard named Boston on its list of MasterCard Priceless Cities, a program designed to connect consumers with the city through exclusive access options to popular destinations. Priceless Boston, as it’s officially called, includes partners such as the Boston Red Sox, Boston Pops, Museum of Science, TPC Network golf courses, exhale spa and restaurateur Ken Oringer, to name a few.

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How Boston start-up became world's largest network of bitcoin ATMs, cashiers, kiosks

ATM Marketplace

Today, their Boston-based startup LibertyX boasts the largest network of bitcoin ATMs, cashiers and kiosks in the world At a time when buying bitcoin was full of friction, Chris Yim and Kyle Powers saw opportunity.

Amazon Same-Day Delivery Expands In Boston

PYMNTS

While there was more conjecture than proof behind Amazon’s apparent decision to exclude a Boston neighborhood from its same-day delivery service, the issue appears to be off the table now. NPR reported that Amazon has agreed to extend same-day delivery to Roxbury, a predominantly black neighborhood of Boston that was previously excluded from the coverage area that already included many other communities in the the vicinity of Roxbury.

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Sephora Launches First Small Concept Store In Boston

PYMNTS

Sephora has announced the launch of Sephora Studio, a new, 2,000-square-foot concept store in Boston that will focus on artistry and skin care services. According to a news release , the opening of the brick-and-mortar Boston location comes on the heels of the company’s largest North American store opening on Manhattan’s 34th Street. The new Sephora Studio debuted on Boston’s famous high-end shopping destination, Newbury Street, on July 21. “In

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Boston’s Bridj Wants Self-Driving Robots To Deliver Goods

PYMNTS

Bridj — a Boston-based transportation startup that acts like an Uber for bus rides and currently serves the Boston, Washington, D.C., and Kansas City areas, now wants to launch a package delivery service that would use self-driving droids to transport packages to a customer’s front door, according to The Boston Globe. Bridj has thousands of riders in the Greater Boston area.

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Boston's transit agency approves all-electronic fare upgrade

Payments Source

Boston’s Massachusetts Bay Transportation Authority has approved a $723 million overhaul of its fare system that would eliminate cash payments on buses and trains. Prepaid cards Mobile payments

How Citi and Flywire sped payments to get PPE from China to Boston

American Banker

The shortage of personal protective equipment (PPE) for medical workers is one of the most troublesome elements of the coronavirus outbreak, though prior work to declutter cross-border supply chain payments provides some hope. Cross border payments B-to-B payments Faster payments Coronavirus Citigroup China

Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

PYMNTS

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Retail apparel boston Boston Marathon D2C direct-to-consumer Featured News News Running Tracksmith

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Mastercard And BJ’s To Offer A ‘Priceless’ Boston Experience

PYMNTS

Boston doesn’t quite make it into the top tier of U.S. A “Priceless Boston” experience that includes an all-frills tour of Fenway Park (and tickets to that night’s game), a NASA astronaut-led session at the Museum of Science and a fishing trip with head chef Ken Oringer from the Toro restaurant. “We’re cities, like New York, L.A. and Chicago, but what it does offer in history, culture and sports draws tourists from across the country.

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Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis

PYMNTS

It starts with an undergrad degree from Boston College and a law degree from Boston University. But a slew of Boston area residents are thankful that she hasn’t. Then I came back to Boston and I said, ‘You know, I really would like to do a small business.

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Coming Full Circle: Boston Startup Brings Social Payments to U.K.

Payments Source

A relatively new concept in the U.S., social payments are even newer in the U.K., where Circle hopes a collaboration with Barclays and a dash of blockchain will interest consumers in sending payments the same way the send tweets and texts. technology mobile online global

Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. Including Boston and Chicago, which could see service as soon as the end of summer, Rinse has plans to expand into 10 new cities in the immediate future and eventually to go nationwide. The dry cleaning industry isn’t working. Customers feel it, vendors feel it— but both parties need it to work.

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A Boston VC’s big dig for early-stage payment and fintech innovators

Payments Source

A new venture capital firm hopes will differentiate it from other fintech investors by taking a more hands-on approach. Venture capital Venture funding Fintech

ICBA President takes on The Boston Globe on cybersecurity

Long Lasting Ideas

Fine put up his dukes so to speak after an article in The Boston Globe published a story contending that small community banks faced the greatest risk from hackers. Continue reading ICBA President takes on The Boston Globe on cybersecurity at Bank Marketing Strategy + Ideas.

Checkout.com Expands Global Footprint Into US With Launch of Boston Office

Let's Talk Payments

Ex-Adyen North America President, Peter Caparso, joins Checkout.com to lead US growth Boston, October 3, 2017, 9:00 AM EST – Leading international online payments company, Checkout.com has today announced its. News Payments Checkout news US

Radius Bank in Boston Buys National Equipment Finance Business

American Banker

Radius Bank in Boston has bought a national equipment-finance business from NewStar Financial in Boston. breaking_news community-banking ma dealmaking-strategy

Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

PYMNTS

But in a collaborative effort with Flywire , Citi Commercial Bank is working to accelerate these transactions for Boston-area hospitals that need equipment fast.

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High-Flying Boston Banks Watching for Signs of Trouble

American Banker

Loan growth at several Boston banks, including many former mutuals, is higher than the national average. Still, bankers are closely watching for any indication that a bubble is forming. dealmaking-strategy cre commercial-lending mortgage ma community-banking

Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I