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Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents. is already seeing a cluster of other fintech hubs emerge.

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Boston bank to sell 10 branches in upstate New York

American Banker

Berkshire Hills Bancorp declined to detail the savings it expects from the downsizing, though one analyst estimated it could shave $3 million from the company's annual noninterest expenses.

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Tech Center: New York City Takes on Tech Full Force

PYMNTS

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012). percent (2015).

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Google Moves In Where Amazon, GE Move Out

PYMNTS

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. According to reports , Google — which already announced plans to expand its Hudson Square space late last year — is investing billions of dollars into real estate in New York.

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Grubhub Launches Relief Fund To Aid Restaurants, Drivers

PYMNTS

Mayors from New York City, Chicago, Boston and Portland are participating in a program where Grubhub will suspend the collection of up to $100 million in commission payments from restaurants across the country. Independent restaurants are the lifeblood of our cities and feed our communities,” said Grubhub CEO Matt Maloney.

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Market For Distributed Farms That Grow Popular Fungi ‘Mushrooms’ In New York

PYMNTS

But one startup hopes to change that paradigm by bringing a more compact concept of a farm into New York City. When you make it super easy to farm something, it becomes a whole new business opportunity for a community. There’s a million things you can do with it.”. The Business Model.

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Silicon Valley Investor Aims To Create Tech Hub In Maine

PYMNTS

The city can’t hope to compete in every way with heavy-hitters like Boston, Seattle, San Francisco and Silicon Valley, which captured nine out of 10 jobs between 2005 and 2017. So it will have to go its own way with the new institute to be called the Roux Institute after Silicon Valley investor David Roux, its patron.

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