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Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business. breaking_news performance earnings-community-banks community-banking MORE
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. MORE
With products ranging from ingestible sensors to track medication intake to practice management solutions, startups continue to innovate within the digital health space. And as the ecosystem grows, funding is keeping up. Global funding to the industry reached over $3.5B in the … Continued. Financing & Exits Massachusetts New York Silicon Valley MORE
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. MORE
Boston Private Financial Holdings is expanding its footprint in California, opening a new office in Los Angeles on June 1. The company will have 35 offices nationwide, including 14 on the West Coast. breaking_news commercial-lending community-banking MORE
lender's expansion into Boston. Webster Financial's profits barely grew in the third quarter from a year earlier, as solid revenue gains were offset by increased costs from the Waterbury, Conn., breaking_news performance ct sailthru-no-lead national-regional MORE
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 MORE
While Silicon Valley remains the top area for VC-backed startup funding, activity has long since defused to New York and beyond, with LA and Boston seeing a large number of deals and dollars flowing to startups in the region. Below … Continued. Financing & Exits Geographies Los Angeles Massachusetts New York Venture Capital MORE
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 MORE
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. MORE
SEPTEMBER 15, 2017
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. Fintech Podcasts analytics BankNXT Fintech Podcast big data business data entrepreneur interview machine learning sovereign identity MORE
Outside of Silicon Valley, New York has seen the most venture-backed companies exit since 2012, over Boston and Los Angeles. In fact, nearly half, 44%, of all the exits in the three cities over the last five years were for … Continued. Geographies Los Angeles Massachusetts New York MORE
million in the first quarter, but expenses related to its expansion in Boston and an uptick in net chargeoffs kept profits flat. Revenue at Webster Financial in Waterbury, Conn., hit a record $240.6 breaking_news consumer-finance national-regional ct dealmaking-strategy MORE
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 MORE
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 MORE
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. MORE
Radius Bank in Boston has bought a national equipment-finance business from NewStar Financial in Boston. breaking_news community-banking ma dealmaking-strategy MORE
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. MORE
Amazo n and GE may be giving up on New York City and Boston respectively, but Google is taking a different approach, expanding in both cities. Other tech companies with presences in Boston include Facebook, IBM, Microsoft, Akamai and a slew of startups. MORE
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. MORE
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 MORE
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 MORE
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. MORE
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 MORE
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. MORE
In bizarre banking news, the Boston Police Department announced it had arrested a bank robbery suspect who was hiding in a port-a-potty. AP News reported Thursday that the suspect, Steven Spolidoro, a 41-year-old man from Woburn, Massachusetts, was wanted by the police for allegedly holding up the East Boston Savings Bank on Squire Road in Revere at approximately 1:00 PM on Wednesday (Nov. A dye pack attached to the money exploded as he fled the scene, CBS Boston noted. MORE
The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Millions of U.S. MORE
The Boston Federal Reserve president think that co-working spaces could ultimately hurt the economy, and even worsen the next U.S. recession. “I MORE
billion-asset Boston Private Financial Holdings in Boston. The $5.3 billion-asset company said in a press release Tuesday that it will buy two branches in the California markets of Granada Hills and Burbank from the $7.3 breaking_news community-banking m-a consolidation ca dealmaking-strategy MORE
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. MORE
Radius Bank in Boston has recruited a team to lead a national push into Small Business Administration lending. Among the new hires is Diane Gallion, a former executive at The Bancorp in Delaware, who will be national director of government-guaranteed lending at Radius. people small-business sba commercial-lending breaking_news community-banking MORE
Among the nonprofits working to feed local communities this holiday season is the The Greater Boston Food Bank (GBFB) , which provides food services to 190 cities and towns in the eastern Massachusetts region. Every dollar matters for a small to medium-sized business (SMB). MORE
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. MORE
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. MORE
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. MORE
As PYMNTS covered in 2017, SoftBank , the Japanese telecommunications company, announced that a subsidiary of SoftBank entered into a definitive agreement to acquire robotics pioneer Boston Dynamics from Alphabet , the parent company of Google. If at first one doesn’t succeed …. MORE
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 MORE
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 MORE
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 MORE
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. MORE
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 MORE
Kenneth Montgomery, a top executive at the Federal Reserve Bank of Boston, will head the push to make faster payments available across the industry in the next four to five years. Real-time payments Faster payments Career moves Federal Reserve Federal Reserve Bank of Boston MORE
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 MORE
Boston Private Financial Holdings appointed its bank president, George Schwartz, to the newly created position of chief executive of its private banking group. breaking_news people wealth-management ma community-banking MORE
Boston Related Topics PYMNTS
NOVEMBER 6, 2019
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
PYMNTS
JANUARY 11, 2019
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
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
DECEMBER 3, 2019
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.
PYMNTS
DECEMBER 3, 2019
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.
PYMNTS
AUGUST 15, 2019
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
Bank Innovation
APRIL 2, 2018
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.
PYMNTS
DECEMBER 7, 2017
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
PYMNTS
MAY 1, 2018
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
ATM Marketplace
NOVEMBER 14, 2019
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
PYMNTS
MARCH 31, 2017
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.
PYMNTS
APRIL 5, 2016
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.
PYMNTS
JUNE 8, 2017
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.
ATM Marketplace
NOVEMBER 14, 2019
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.
PYMNTS
APRIL 21, 2016
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.
PYMNTS
APRIL 27, 2016
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.
PYMNTS
JULY 21, 2017
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
PYMNTS
AUGUST 30, 2016
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.
PYMNTS
AUGUST 3, 2016
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.
CB Insights
MARCH 3, 2017
While Silicon Valley remains the top area for VC-backed startup funding, activity has long since defused to New York and beyond, with LA and Boston seeing a large number of deals and dollars flowing to startups in the region. Below … Continued. Financing & Exits Geographies Los Angeles Massachusetts New York Venture Capital
American Banker
DECEMBER 2, 2016
Radius Bank in Boston has bought a national equipment-finance business from NewStar Financial in Boston. breaking_news community-banking ma dealmaking-strategy
PYMNTS
JUNE 23, 2017
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.
American Banker
MAY 6, 2016
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
Let's Talk Payments
OCTOBER 3, 2017
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
Payments Source
NOVEMBER 21, 2017
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
CB Insights
OCTOBER 12, 2016
Outside of Silicon Valley, New York has seen the most venture-backed companies exit since 2012, over Boston and Los Angeles. In fact, nearly half, 44%, of all the exits in the three cities over the last five years were for … Continued. Geographies Los Angeles Massachusetts New York
Payments Source
APRIL 21, 2016
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
American Banker
JULY 21, 2016
Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business. breaking_news performance earnings-community-banks community-banking
American Banker
JUNE 22, 2016
billion-asset Boston Private Financial Holdings in Boston. The $5.3 billion-asset company said in a press release Tuesday that it will buy two branches in the California markets of Granada Hills and Burbank from the $7.3 breaking_news community-banking m-a consolidation ca dealmaking-strategy
BankNXT
SEPTEMBER 15, 2017
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. Fintech Podcasts analytics BankNXT Fintech Podcast big data business data entrepreneur interview machine learning sovereign identity
Payments Source
SEPTEMBER 12, 2018
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
American Banker
MAY 9, 2016
Boston Private Financial Holdings is expanding its footprint in California, opening a new office in Los Angeles on June 1. The company will have 35 offices nationwide, including 14 on the West Coast. breaking_news commercial-lending community-banking
American Banker
OCTOBER 21, 2016
lender's expansion into Boston. Webster Financial's profits barely grew in the third quarter from a year earlier, as solid revenue gains were offset by increased costs from the Waterbury, Conn., breaking_news performance ct sailthru-no-lead national-regional
Long Lasting Ideas
APRIL 11, 2016
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.
CB Insights
DECEMBER 13, 2016
With products ranging from ingestible sensors to track medication intake to practice management solutions, startups continue to innovate within the digital health space. And as the ecosystem grows, funding is keeping up. Global funding to the industry reached over $3.5B in the … Continued. Financing & Exits Massachusetts New York Silicon Valley
PYMNTS
FEBRUARY 17, 2019
Amazo n and GE may be giving up on New York City and Boston respectively, but Google is taking a different approach, expanding in both cities. Other tech companies with presences in Boston include Facebook, IBM, Microsoft, Akamai and a slew of startups.
American Banker
MAY 26, 2016
Radius Bank in Boston has recruited a team to lead a national push into Small Business Administration lending. Among the new hires is Diane Gallion, a former executive at The Bancorp in Delaware, who will be national director of government-guaranteed lending at Radius. people small-business sba commercial-lending breaking_news community-banking
American Banker
APRIL 11, 2016
Boston Private Financial Holdings appointed its bank president, George Schwartz, to the newly created position of chief executive of its private banking group. breaking_news people wealth-management ma community-banking
PYMNTS
MARCH 26, 2019
As PYMNTS covered in 2017, SoftBank , the Japanese telecommunications company, announced that a subsidiary of SoftBank entered into a definitive agreement to acquire robotics pioneer Boston Dynamics from Alphabet , the parent company of Google. If at first one doesn’t succeed ….
PYMNTS
NOVEMBER 26, 2019
Among the nonprofits working to feed local communities this holiday season is the The Greater Boston Food Bank (GBFB) , which provides food services to 190 cities and towns in the eastern Massachusetts region. Every dollar matters for a small to medium-sized business (SMB).
American Banker
APRIL 19, 2016
million in the first quarter, but expenses related to its expansion in Boston and an uptick in net chargeoffs kept profits flat. Revenue at Webster Financial in Waterbury, Conn., hit a record $240.6 breaking_news consumer-finance national-regional ct dealmaking-strategy
PYMNTS
NOVEMBER 27, 2019
The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Millions of U.S.
PYMNTS
NOVEMBER 30, 2017
In bizarre banking news, the Boston Police Department announced it had arrested a bank robbery suspect who was hiding in a port-a-potty. AP News reported Thursday that the suspect, Steven Spolidoro, a 41-year-old man from Woburn, Massachusetts, was wanted by the police for allegedly holding up the East Boston Savings Bank on Squire Road in Revere at approximately 1:00 PM on Wednesday (Nov. A dye pack attached to the money exploded as he fled the scene, CBS Boston noted.
Payments Source
AUGUST 15, 2019
Kenneth Montgomery, a top executive at the Federal Reserve Bank of Boston, will head the push to make faster payments available across the industry in the next four to five years. Real-time payments Faster payments Career moves Federal Reserve Federal Reserve Bank of Boston
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