PYMNTS

FEBRUARY 5, 2020

operated Bacs and partnered with Boston payments firm Bottomline Technologies to enable direct debits for small to medium-sized businesses (SMBs), Metro announced on Wednesday (Feb. challenger bank Metro Bank has joined the Pay.UK-operated SMBs and FinTechs.

Metro 130

Metro Boston Technology Security 130

PYMNTS

DECEMBER 5, 2019

Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston and a FedNow program executive, said that as a founding sponsor of the FPC, the Fed will be a diligent participant in furthering the council’s priorities. payment system is improved.

Kansas City 135

Kansas City Payments Kansas Boston 135

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

NOVEMBER 4, 2020

the Federal Reserve Bank of Boston said, “To date, U.S. regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K.

US 171

US Boston Regulation Data 171

PYMNTS

MARCH 16, 2018

They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics. The profiles serve as educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most common payment types, the Federal Reserve said in a press release. “We

Security 100

Security Payments Boston Fraud 100

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. Digital Dollars, Too? .

Payments 244

Payments Boston System Operations 244

PYMNTS

SEPTEMBER 17, 2020

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

Online 168

Online Indiana New York Nevada 168

PYMNTS

APRIL 11, 2016

Zander’s experience led to the successful reorganization of the company, as he oversaw the introduction of several new products and sharpened Motorola’s focus on innovation and operational efficiency. Before that, he served as president and chief operating officer of Sun Microsystems until June 2002.

Boston 100

Boston Leadership Software Online 100

PYMNTS

OCTOBER 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 100

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. percent of small QSR managers were satisfied, according to the Mobile Order-Ahead Tracker. The old QSR is dead. Long live the new QSR. In fact, 91.4

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

AUGUST 7, 2020

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. George said input from industry stakeholders has pointed to the fact that “we need this service quickly. … FedNow Will Augment Private Systems, Not Replace Them .

America 189

America Kansas City Payments Kansas 189

PYMNTS

MARCH 9, 2020

The operative word is control. “I According to industry research , 70 percent of consumers use their mobile devices on their QSR/FCR food purchasing journey. Like Baron and other industry influencers, Fahmy is playing for the long term. Consumers can inquire directly with restaurants about existing promotions.

Miami 130

Miami Los Angeles Austin South Carolina 130

PYMNTS

JULY 5, 2017

Before Uber in Boston, where I live, trying to get a taxi reliably was not only friction-filled, it was infuriating much of the time — something that a study conducted by the city of Boston in 2013 on the taxi industry bore out. That was on a day without bad weather, something Boston never has.

Boston 124

Boston Regulation Innovation Study 124

Abrigo

APRIL 1, 2015

The article stated that while supervisors have always interacted with bank boards, industry experts have noticed a “new level of scrutiny over the past two years.” Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk. Audit committee?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

SEPTEMBER 30, 2016

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing. “Without technology, this industry is not going to move much further.”

Boston 100

Boston Retail Nebraska Study 100

Jeff For Banks

JANUARY 11, 2014

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. We are increasingly bearing the burden of managing our money. Probably not. I think so.

Boston 86

Boston DC Community Community Bank 86

Abrigo

JULY 25, 2023

However, faster payments don’t necessarily mean faster fraud, according to the FedNow Service and other industry experts. Lesson one in all of this is that implementation will come over time,” said Russ Chacon, Vice President of Product Management for Abrigo. The payment rail has some built-in anti-fraud capabilities. Lesson one.

Fraud 195

Fraud Payments Security Resources 195

MyBankTracker

MAY 7, 2021

The company’s core product offerings revolve around insurance and operates as a subsidiary of a Canadian-based company called Manulife. John Hancock, also known as The John Hancock Life Insurance Company, was founded in 1862 with operations based mainly in Boston, Massachusetts. Industry ratings.

Policies 52

Policies Boston Tools Maine 52

PYMNTS

SEPTEMBER 9, 2016

This startup is laser-focused on one B2B industry: telecom networks. Like Connected2Fiber, China’s Huimin is a startup with a clear industry focus: groceries. Document Management. . “Our platform puts more eyes on the job to match orders with invoices. It’s all about working smarter.” ” SaaS.

Capital 100

Capital Boston Management Report 100

PYMNTS

FEBRUARY 7, 2020

Our team is dedicated to continuing 7-Eleven’s legacy of innovation with industry-leading digital solutions. RBS had the task of application development, food retail operations and technology connectivity, while UST Global and its partners provided the artificial intelligence (AI) solution and physical infrastructure.

Retail 143

Retail Dallas Massachusetts Technology 143

PYMNTS

MARCH 17, 2017

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With a big focus on technology in Silicon Valley and Boston, New York City slowly made its way to becoming a powerhouse tech player. There are approximately 20K startups in New York City.

New York City 100

New York City New York Community Industry 100

PYMNTS

JUNE 10, 2016

Uber had many wonderful years of asking for forgiveness instead of permission and managed to build a worldwide ridesharing empire on the strength of that conviction. Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale. On some level, Circle’s move seems strange.

Regulation 100

Regulation National Austin Fintech 100

Abrigo

MAY 15, 2020

Industry officials warn it won’t be the last. Their loan requests, according to court documents, were made to pay employees for a business that was not operating at the time of pandemic and had no salaried employees. Manage PPP loans through forgiveness. Fraud and disaster relief: A tale as old as time. learn more. SBA Lending.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

PYMNTS

AUGUST 10, 2017

The destruction of the car rental industry? These missteps are coming against a general malaise in the auto industry. In this case , “a bit” goes back as long ago as January 2016, when it came out that beginning in the third quarter of 2015, Uber began to displace rental cars, at that point only in Boston. Hertz knows it.

Phoenix 112

Phoenix Trends United States Boston 112

CB Insights

APRIL 17, 2018

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

NOVEMBER 30, 2020

As a result of the historic pace of vaccine development through Operation Warp Speed and careful logistics planning, the FAA today is supporting the first mass air shipment of a vaccine," the agency said in a statement on Friday (Nov. Walmart now operates 19 clinics inside its stores to attend to routine, non-emergency health matters.

Arizona 160

Arizona Survey Boston Examples 160

PYMNTS

JANUARY 3, 2019

Reward points and discounts aren’t the only tool in the QSR playbook: The tracker found that many companies in the industry are looking to increase the convenience and security of their mobile-order ahead services. The company also planned to make order pickup more streamlined by redesigning its locations.

Los Angeles 158

Los Angeles San Francisco Mobile DC 158

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

Independent Banker

JANUARY 31, 2022

“In 2022, we’ve got some critical milestones around integration testing with all of our Fed systems, as well as pilot testing,” said Connie Theien, senior vice president and director, payments industry relations with the Federal Reserve System, to ICBA members during a November 2021 webinar ( see sidebar below ). payment system.”.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. -based startups dominated, with investors focusing on cybersecurity solutions and on startups that aim to streamline back-office functions.

US 116

US Capital California San Francisco 116

Insights on Business

NOVEMBER 12, 2018

According to the Boston Consulting Group , there have been more than $321 billion in regulatory compliance penalties levied globally since the financial crisis of 2007- 2008. Next-gen means an ecosystem of standardized GRC knowledge and tools all operating together.

Compliance 107

Compliance Technology User Experience Analytics 107

Jeff For Banks

FEBRUARY 7, 2020

I should note that Raphael has not been at his bank very long, and he is not from the banking industry. It is not lost on me that their CEO is also from outside of the industry and relatively new to the bank. Meaning that when a branch manager, or a teller, makes a judgment decision, they do so in the context of your bank's culture.

Cleveland 78

Cleveland Boston Strategy Management 78

CB Insights

AUGUST 8, 2017

Industrial IoT Webinar. Internet of Things (IoT) startups are proliferating to tackle certain industrial use cases. This research briefing examines investments into IoT companies targeting enterprise and heavy industry. Headquarters: Boston, Massachusetts. We have listed them in descending order of disclosed funding.

Company 70

Company Nevada Utah Los Angeles 70

Independent Banker

MARCH 15, 2015

But in today’s world of proliferating digital devices and communication options, customer contact centers, once operating primarily as telephone switchboards, are turning into full-service and multichannel communication hubs. A recent ICBA poll found that 16 percent of member community banks operate contact centers. 1% Don’t know.

Community Bank 70

Community Bank Community Operations Retail 70

Jeff For Banks

APRIL 9, 2011

A bank attorney spoke at a recent Financial Managers'' Society (FMS) meeting that I attended. Often, critical decisions are made from the gut or based on past experience that becomes more irrelevant as industries, such as ours, rapidly transform. His topic: Leadership. He offered an interesting fact: 40% of critical decisions in U.S.

Boston 91

Boston Analytics Analysis Groups 91

Jeff For Banks

MARCH 26, 2011

It focuses on three strategy firms in particular: Boston Consulting Group ("BCG"), Bain & Company, and McKinsey & Company. In its entirety, I would suggest that it would be a very beneficial read for banking industry consultants, and a beneficial read for executives at community FIs. Management "fads" came and went.

Strategy 66

Strategy Report Boston Conference 66

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. MOEs like this are rare in the credit union industry, but we expect with continued demands for scale there will be more. Congrats to Randy and a great management team. Acronym of the Year. Has to be M-O-E.

Fintech 147

Fintech Strategy Leadership Lending 147