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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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Strategies for fighting remote authentication fraud

Independent Banker

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. New account fraud. Online U.S.

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Many Unemployed Still Waiting For Their First Check

PYMNTS

The surge of applicants has forced some states to hire more staff, expand calling hours and ease the filing process, the news service reported. One of the solutions some states, such as New Hampshire and New York, have adopted is to have applicants apply on specific days of the week based on their name.

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Le Pain Quotidien Is Latest Food Chain To File For Bankruptcy

PYMNTS

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. More than half of its revenue came from the New York City area, according to a court filing.

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SMB Profile: Looking Forward To Christmas In Connecticut

PYMNTS

On March 24, on what would have usually been a busy day at the start of spring, the state ordered all nonessential retail shops on the green to shut down, as the pandemic crept its way north from New York City and south from Boston. We had just gotten in three new shelves to place in the middle of the store,” he said.

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Amazon Same-Day Is Finally Expanding To The Bronx

PYMNTS

The move comes after community representatives complained that the service’s geographic limitations had some racial disparities. Same-day delivery has been available in the other four boroughs of New York for some time. Amazon had last week pledged to serve the predominantly black Boston neighborhood of Roxbury.

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Smart Watches, Run Hubs And New Balance’s Retail Reset Button

PYMNTS

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. Said simply, New Balance is rethinking athletic footwear retail — how to sells shoes, where to sell shoes and how to carry on its relationship with its customers across channels — and in between sneaker replacements.

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