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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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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar. GenAI use case for fostering relationship banking Abrigo client BAC Community Bank in Stockton, Calif.

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Now is the time to prepare for the FedNow launch

Independent Banker

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. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics.

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Staples is thinking creatively with a new store format that spotlights coworking, podcasting and community events. The Staples Connect concept, which offers experiences and solutions as well as a place to transact, debuted in multiple Boston area stores on Feb.

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Saving Main Street From Its Downward Pandemic Spiral

PYMNTS

Rather than buck the trend, consumers gradually just stop showing up – and that’s the power of social proof. The owner of an upscale hair salon in Boston is an example of a business living this reality. More troubling is that her salon is on Newbury Street, a fancy-schmancy shopping street in Boston. Saving Main Street.

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The branch lives, at Chase

ABA Community Banking

JPMorgan Chase to expand in Boston, Philadelphia, Washington, D.C. Management Financial Trends Retail Banking Channels.

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Walmart Wants To Add $250 Billion In US-Made Products By 2023

PYMNTS

Walmart’s $250 billion commitment to buy products supporting American jobs is having a tangible impact on communities across the country as factories expand or open to make products for Walmart stores, Walmart.com and Sam’s Club.”. manufacturing trends and insights, said that you are starting to see manufacturing jobs returning to the U.S.

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