PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

JUNE 23, 2017

The dry cleaning industry isn’t working. Everyone needs clean clothes, and those working in the industry have to make a living. 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.

Boston 110

Boston Chicago San Diego Los Angeles 110

PYMNTS

JUNE 19, 2020

The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I

Boston 174

Boston Massachusetts Innovation Course 174

PYMNTS

OCTOBER 6, 2020

The ongoing pandemic is devastating the restaurant industry, with eateries leaning heavily on mobile ordering to make up for declines in walk-in traffic. A study found that the industry expanded by 20 percent over the past five years, with online food delivery revenue expected to hit $24 billion by 2023. About The Tracker.

Report 237

Report Innovation Boston Chicago 237

PYMNTS

APRIL 27, 2018

Achieving those mission-critical seconds has never had more options, with the QSR industry in the midst of enjoying a boom in new technologies that promise to reduce wait times while boosting food quality and customer service. The restaurant, Spyce , is set to open this spring in central Boston.

Innovation 105

Innovation Study Google Survey 105

Perficient

AUGUST 25, 2020

We recently asked the Women in Tech group at Perficient what advice they would give for a woman hoping to build a career in the technology industry and their thoughtful advice was both inspirational and actionable. . Collaboration is even one of our Values and it’s the driver behind the innovation we deliver for our clients. .

Technology 572

Technology Groups Training Management 572

PYMNTS

AUGUST 29, 2020

Although they look kind of dog-like, they’re actually quadruped robots designed by Boston Dynamics and leased by Ford. Although Ford is leasing them, Boston Dynamics has recently started selling the robo-mutts for $75,000 apiece. And while Boston Dynamics is one of the better-known names in the robot game, it’s far from the only one.

Boston 238

Boston Detroit Technology California 238

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging. Some spend much more in cities like Boston, New York and San Francisco. Consumer for the end user.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. What would a discussion about payments, innovation, cybersecurity and all manner of commerce be without a few laughs?

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

JUNE 23, 2020

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. Indeed, the risks of fraud on legacy rails continues to be a focus for payments industry stakeholders, and the Federal Reserve has just introduced a new resources designed to mitigate that risk. And when it comes to legacy rails, the U.S.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

MAY 7, 2020

Amid lockdowns and a global economic collapse not seen since the Great Depression, the luxury industry faces a challenge like never before, according to a Bain & Company survey. While accessories have shown the most resilience, the survey found all luxury categories have seen declines. The biggest category to take a hit is watches.

Data 151

Data Survey Boston Study 151

CB Insights

SEPTEMBER 26, 2018

From the digitization of medical records to smart patient care platforms, technology is disrupting the healthcare industry. One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health.

Innovation 73

Innovation Cleveland New York New York City 73

PYMNTS

AUGUST 3, 2017

Plain cake, glazed, chocolate dipped, Boston creme, powdered sugar and jelly was the standard line – with perhaps the occasional cruller or blueberry cake thrown in for exoticism. Donuts used to be one of the more standard staples of the American “balanced” breakfast. There was variety of course- but within limits.

Innovation 101

Innovation Mobile Michigan Ohio 101

PYMNTS

MAY 13, 2020

Atul Gawande will resign as Haven’s CEO to serve as chairman of its board of directors, the Boston-based organization announced on Wednesday (May 13). It will also enable me to devote time to policy and activities addressing the immediate and long-term threats to health and health systems from COVID-19.”.

Boston 130

Boston Policies Leadership System 130

PYMNTS

JUNE 27, 2017

Over the course of the last few years, eCommerce has sprung up and put the brick-and-mortar side of the retail industry on notice. With the opening of the Amazon Go grocery store and bookstore in Seattle, Amazon is breathing innovation into the stodgy brick-and-mortar experience. More retailers are likely moving in a similar direction.

Boston 155

Boston Retail Customer Experience Seattle 155

PYMNTS

DECEMBER 11, 2017

Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. The position means Montgomery will chair the Secure Payments Task Force, one of several task forces the Fed has formed to promote innovation and advancement in the industry.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

DECEMBER 29, 2016

PYMNTS explores some of the predictions industry players laid out for the year head. Traditional banks have continued their sloth-like pace in FinTech adoption, added Galarza, which has led corporates to seek innovative services from non-bank players. “In The time for this radical shift is now,” Boston Consulting Group declared.

Security 181

Security Fintech Boston Fraud 181

Tefkin

JUNE 3, 2014

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades.

Industry 42

Industry Management Innovation Analysis 42

PYMNTS

JULY 5, 2017

Its abundance in payments and commerce is what inspires innovators to challenge a friction-filled status quo and create something new. But none rose to the level of the seriously friction-filled experiences that might motivate a would-be innovator to quit her day job and give up her life to solve for it.

Boston 124

Boston Regulation Innovation Study 124

PYMNTS

SEPTEMBER 4, 2020

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck.

Boston 205

Boston San Francisco New York City Portland 205

PYMNTS

JULY 22, 2019

The business will target early stage startups through mature growth companies, with a focus on the technology, healthcare, and life sciences industries. I am excited to launch this effort at Stifel, which embraces the entrepreneurial spirit, continuous innovation, and responsible financial management.”. Stifel Financial Corp.

Lending 100

Lending United States Boston Capital 100

PYMNTS

JANUARY 21, 2020

The story as WSJ reported it shines a light on the towering role hospitals play — effectively as brokers of data — when large companies are venturing into the healthcare industry, which is worth billions. They denied it, saying all they had access to was patient information in order to organize things, nothing else.

Data 130

Data Boston Washington Google 130

PYMNTS

AUGUST 7, 2020

Brainard, Kansas City Fed President Esther George and Boston Fed First Vice President Kenneth Montgomery also noted that the FedNow system will provide another option in a landscape already populated by, for example, The Clearing House Payments Co. FedNow Will Augment Private Systems, Not Replace Them .

America 189

America Kansas City Payments Kansas 189

PYMNTS

JANUARY 8, 2020

Before coming to McDonald’s, Brady worked at the Boston Consulting Group. Digital orders are booming across the industry; they have increased 23 percent in the last four years, reaching $26.8 The team will be led by Lucy Brady, the former senior vice president of corporate strategy and business development.

Boston 131

Boston Meeting Strategy Technology 131

PYMNTS

JANUARY 25, 2018

Think stamped metal translated into bits and bytes, helping to transform a part of the auto industry that has been around for more than a hundred years: license plates. Boston noted that, with the traditional and entrenched methods, “your registration is sent out to an address.” There’s a road — literally — from analog to digital.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

FEBRUARY 26, 2019

” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., “We look forward to collaborating with Caesars Entertainment on creating the most innovative and engaging sports and entertainment products, and events, for our customers.”

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

JULY 30, 2019

As if that’s not enough, McDonald’s — the granddaddy of the QSR industry, and which posted a better-than-average Q2 in terms of same-store sales both in the U.S. That said, mobile order-ahead apps — as can be the case generally when comes to many types of retail innovations — have lower adoption among smaller QSRs.

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

NOVEMBER 15, 2019

Amazon To Build $40M Robotics Innovation Hub Near Boston. Tye Brady, chief technologist at Amazon Robotics , said the new hub will speed-up innovation and will be a “world-class facility, where our teams can design, build, program, and ship our robots, all under the same roof.”. Deutsche Bank told U.K. Money Laundering Epidemic.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. Innovation by Any Other Name. Back here in the U.S.,

Regulation 181

Regulation Boston Cards Innovation 181

Independent Banker

NOVEMBER 30, 2021

Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. Crowe says MFA is a fraud protection best practice. “We

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

FEBRUARY 7, 2020

Our team is dedicated to continuing 7-Eleven’s legacy of innovation with industry-leading digital solutions. From RBS to 7-Eleven, retail innovators are piloting cashierless technology with their employees to help make the shopping experience faster and more convenient for the general public. In Other Brick-and-Mortar News.

Retail 143

Retail Dallas Massachusetts Technology 143

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market.

Payments 244

Payments Boston System Operations 244

PYMNTS

MAY 11, 2017

Whether it’s San Francisco, New York City, London or Hong Kong, each of these areas have become well-known for developing and implementing innovative ideas. This report purports that technology is the game changer when it comes to bridging the gap between the startup-heavy places, like Silicon Valley and Boston, and the rest of the world.

Report 108

Report Los Angeles San Francisco Boston 108

PYMNTS

FEBRUARY 16, 2017

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. “The only question is which banks will be among them.” ”

Survey 109

Survey Regional America Boston 109

William Mills

AUGUST 17, 2016

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. This conference series is focused exclusively on showcasing the best and most innovative new financial and banking technologies. AFT Fall Summit. Money 20/20.

Conference 40

Conference Innovation Las Vegas Colorado 40

PYMNTS

JUNE 5, 2019

A recent analysis valued the global mPOS industry at $26 billion in 2018, and it is expected to increase at a compound annual growth rate (CAGR) of 18.8 Companies across the globe are innovating their mPOS solutions for faster, more secure services. percent between 2017 and 2026. Around the Mobile Point-of-Sale World.

San Diego 130

San Diego Apple America Mobile 130

PYMNTS

JANUARY 10, 2018

That’s why these industry giants make a point of giving the little guys a leg up whenever possible. Mastercard’s “Grow Your Biz” contest for SMBs in Boston, Massachusetts, concluded in December. Mastercard and Bank of America know it’s not easy. They lack background on solutions and management.

Boston 100

Boston America Resources Massachusetts 100