PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States.

America 189

America Kansas City Payments Kansas 189

PYMNTS

NOVEMBER 26, 2019

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Bank Branch Closings Take Toll On Rural Communities. Urban areas, however, lost only 9 percent of offices in 802 communities. Kaspersky: Fake Push Notifications Have Grown Nearly 70 Pct In 2019.

United States 130

United States Community Payments Massachusetts 130

PYMNTS

MARCH 13, 2020

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.

New York City 177

New York City Chicago Portland New York 177

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation.

Security 100

Security Payments Boston Fraud 100

PYMNTS

JANUARY 17, 2020

These days, it seems like you can hardly go a minute without hearing about the rise of 5G, the spread of facial recognition or how friction is being removed from all types of payment methods. communities. communities. The company said in its FCC filing that it will help serve communities in the U.S. “by Expensive Cities.

Payments 131

Payments Los Angeles San Francisco New York City 131

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud. New account fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Revenue growth in the business payments sector is expected to grow by around 5.6 percent through 2028, according to Boston Consulting Group.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

SEPTEMBER 14, 2020

The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. The food pickup option will be available everywhere Friday (Sept.

San Francisco 190

San Francisco Indianapolis New York City Vermont 190

PYMNTS

APRIL 10, 2020

Charlie Baker said the payment system is completely online, and its success stems from the fact that the unemployment service was moved to a cloud-based system years ago. She told the NPR affiliate in Boston that the system routinely freezes, causing applicants to start over. Massachusetts may be one of the rare exceptions.

New Hampshire 242

New Hampshire Maryland Massachusetts Boston 242

PYMNTS

AUGUST 16, 2020

to develop an enduring relationship with the business community,” she said. Boston Properties, the publicly-traded real estate investment, has hired an expert on improving conditions in “sick buildings.”. but where business falls short is in understanding behavioural and risk modelling.

US 204

US Management Company Kansas 204

PYMNTS

NOVEMBER 30, 2018

The collaboration is in seven cities: New York, Los Angeles, San Francisco, Chicago, Philadelphia, Boston and Washington, D.C., Our vision is to evolve from a restaurant company to a food platform that builds healthier communities around the world.”. and Sweetgreen wants to facilitate 50 WeWork locations.

Los Angeles 122

Los Angeles San Francisco Philadelphia Boston 122

Independent Banker

JANUARY 31, 2022

The Federal Reserve’s new payments rail launches in one year. The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. payment system.”. “We payment system.”.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

OCTOBER 11, 2020

Smith is new to the bank and will be based in Boston, overseeing the strategic direction, product pricing and portfolio management of the Small Business Banking division, Santander stated in the announcement. Patrick Smith was named head of Small Business Banking.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

NOVEMBER 26, 2019

These organizations face increased demand during the holidays — when they deliver food to communities in need. 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.

Tools 141

Tools Boston Cards Management 141

PYMNTS

APRIL 12, 2019

The service launches Thursday (April 11) in Boston, Austin and Rochester after a pilot in Sacramento and Buffalo, among other places. As On-Demand becomes available in more regions, we’ll be connecting with the community to listen, support, and continue building the best possible product experience for shoppers,” Hahn said.

Sacramento 100

Sacramento Austin Boston Regional 100

Independent Banker

DECEMBER 13, 2015

Certain mobile functions and features are essential to the success of a community bank’s mobile banking offerings. Newfangled mobile capabilities could help community banks stand apart from their competitors. Share of community banks and credit unions offering the following mobile banking features and functions: 84%.

Community Bank 70

Community Bank Boston Community Iowa 70

Independent Banker

NOVEMBER 24, 2015

Certain mobile functions and features are essential to the success of a community bank’s mobile banking offerings. Newfangled mobile capabilities could help community banks stand apart from their competitors. Share of community banks and credit unions offering the following mobile banking features and functions: 84%.

Community Bank 70

Community Bank Boston Community Iowa 70

PYMNTS

JUNE 17, 2019

It offers delivery or convenient pickup locations in the community as it has partnerships with breweries, libraries and workplaces. The company recently launched its service in Boston, where producers have to be able to drive to the city within two hours. There is not a lot of noise like in Boston and New York.

Rhode Island 122

Rhode Island Marketing Online New Hampshire 122

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.

Tools 130

Tools Boston Massachusetts Cards 130

PYMNTS

MAY 16, 2018

In the homeowners’ association (HOA) vertical, more than 70 percent of property vendor payments are still made via paper check. Granted, it’s a highly nuanced vertical, so building a solution to automate those payments is complicated – it must be configurable to each HOA’s individual rules.

Florida 100

Florida Boston Community Bank Marketing Strategies 100

PYMNTS

DECEMBER 21, 2016

Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6 We automate complex payment and tax regulations in over 180 countries and offer a variety of payment checkout options,” said Smoter.

Data 100

Data Boston Community social media 100

ABA Community Banking

MARCH 29, 2018

Picks Boston Consulting Group to produce research Payments Risk Management Online Security.

Study 40

Study Boston Fraud Risk Management 40

PYMNTS

FEBRUARY 5, 2018

Boston-based agricultural tech company Freight Farms is taking a different approach, leveraging data to optimize value throughout the supply chain — and, of course, track production every step of the way. Where we really live in the payments realm is optimizing the value creation of the plant.”.

Boston 101

Boston Data Community Industry 101

PYMNTS

JUNE 27, 2019

.” That lack of awareness can be damaging to the economy: An entrepreneur who fails to obtain a bank loan may give up on the business venture altogether, losing out on an opportunity to generate revenue, create jobs and contribute to the broader economy through tax payments. Localizing Capital.

Capital 145

Capital Community Oklahoma Maine 145

PYMNTS

JANUARY 7, 2020

Consumers pay for their storage by credit card, and the hosts get paid out every Friday through Stripe , which Korbel said “is our third-party payment processor.”. They’re “the fabric of all these different communities” in all these major cities, he noted. The company’s target market, Korbel said, runs “the gamut.” Smart Cities.

New York City 132

New York City Washington Training Austin 132

PYMNTS

SEPTEMBER 12, 2017

Research released earlier this month from Boston Consulting Group and Clifford Chance found that banks may see restructuring costs as high as $18 billion and, as a result, may lead to higher banking costs for SMBs. Researchers have also attempted to gain clarity into how Brexit may affect Britain’s FinTech community.

New York City 152

New York City New York Survey Boston 152

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. Korean consumers see no evil in mobile payments. The statistics get even better as the daily average number of mobile payments increased almost 83 percent to 810,000.

Mobile 100

Mobile Payments Apple Samsung 100

ABA Community Banking

DECEMBER 8, 2017

Boston Fed’s Montgomery to head anti-fraud effort Payments Security.

Security 40

Security Boston Strategy Payments 40

PYMNTS

JUNE 1, 2019

2,420 in Boston and $2,300 in Seattle for a no-frills one-bedroom, probably a walk-up. They also don’t have to cope with the loneliness typically reported among young workers, as co-living arrangements offer not just a place to live, but also a built-in sense of community. Co-living opens you up to an instant community and connections.

San Francisco 156

San Francisco Millennials New York Wichita 156

Independent Banker

NOVEMBER 24, 2015

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. Wire fraud incidents nearly doubled to 27 percent in 2014, from 14 percent a year earlier, according to the 2015 AFP Payments Fraud and Control Survey. billion-asset community bank.

Community Bank 70

Community Bank Fraud Atlanta Community 70

Independent Banker

JANUARY 27, 2016

“It’s becoming more and more important for community banks to emphasize that they have the same products and services as large banks.” Mental cobwebs of outdated perceptions can sometimes be hard for a community bank to shake off. Boston native. Lifelong Boston Bruins fan. billion-asset community bank in Needham, Mass.

Community Bank 70

Community Bank Community Boston Branding 70

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

PYMNTS

NOVEMBER 11, 2019

According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. The 350,000-square-foot facility is planned for Westborough, Massachusetts, a community roughly 35 miles west of Boston. Amazon’s Big Robotics Investment .

Apple 101

Apple Massachusetts Data Cards 101

Independent Banker

OCTOBER 29, 2014

The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant. Fees follow. See sidebar “Is Mobile Fully Catching On?”.).

Mobile 105

Mobile Community Bank Community Technology 105

Celent Banking

JANUARY 23, 2017

Payments Product – for launching the best consumer or business payments product. Payments Replatforming – for the most impressive project to improve payments back office, e.g. payment services hub implementation or cards replatforming. Open Banking – for the most impressive API strategy and results so far.

Risk Management 100

Risk Management Innovation Case Study Boston 100

CB Insights

AUGUST 2, 2017

Specifically, we looked at Boston Properties, Vornado, and IWG plc (dba Regus). This latest valuation ranks WeWork just above real estate incumbents Boston Properties, Vornado, and Regus (not pictured on the below graph). Boston Properties, which trades at a valuation around $18B, trails second to WeWork. PRICE/SALES MULTIPLE.

Boston 69

Boston New York City Company Community 69