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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. The 350,000-square-foot facility will be located in Westborough, Massachusetts, which is 35 miles west of Boston.

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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 Cohere Capital Partners, a Boston-based private equity firm focused exclusively on middle-market growth companies, closed its initial fund at $200 million, and Founder Collective raised $85 million for its newest fund, BostInno reported. LaunchPad Medical of Lowell received a $2.5

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Boston Market On Tapping AI To Combat Fraud And Meet Mobile Customers’ Needs

PYMNTS

This shift has prompted many eateries to rely on emerging tools like artificial intelligence (AI) to better manage various aspects of their operations as consumers transact remotely. I’m very excited about what AI can do for restaurants, and we are looking at how it fits with Boston Market right now,” he said. “I

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LevaData Supply Management Platform Nets Bain Endorsement

PYMNTS

13) announced it has begun using San Jose-based firm’s supply chain management platform in its work with consulting clients. The partnership with LevaData comes as Boston-based Bain, through its supply chain management consulting practices, works with companies looking to digitalize their supply chain network. Bain & Co.

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How QSRs Are Enhancing The Dining Experience With Digital Innovations

PYMNTS

To enhance diners’ experiences in quick-service restaurants (QSRs), managers are utilizing digital innovations, enabling everything from faster orders to more efficient kitchens. More than 70 percent of QSR managers see these as the main benefits of implementing technology, according to the PYMNTS Restaurant Readiness Index.

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Boston Fed Takes On Cyber Risks, FinTech Competition

PYMNTS

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

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And The Payments And Commerce Innovation Winners Are…

PYMNTS

PricewaterhouseCoopers — after 83 consecutive years of tabulating the Academy Awards without incident — managed to accidentally put the wrong card in Warren Beatty/Faye Dunaway’s hands for the Best Picture award and … well the rest is YouTube history. And the winners are… Best POS Innovation. Best B2B Innovation.