PYMNTS

APRIL 21, 2020

Halfway through the year, the company began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. GM said the decision came down to an evaluation of how the service was doing. Early in 2019, the head of Maven left her post.

New York City 140

New York City Boston Chicago Washington 140

PYMNTS

JUNE 8, 2020

I look forward to working with the Paytronix team to bring its industry-leading innovation, including contactless ordering for table service … to markets around the globe,” said Porter. Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130

Industry Payments Austin Boston 130

PYMNTS

FEBRUARY 22, 2018

Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. Introduced in 2014 alongside a handful of other experimental services, Uber Eats operates worldwide in 29 countries. Target Market.

Marketing 134

Marketing Boston Operations Retail 134

PYMNTS

NOVEMBER 3, 2020

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. These are the top stories in retail for Tuesday (Nov.

Company 131

Company Retail Boston Capital 131

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

SEPTEMBER 30, 2018

Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. The company has the firepower to grow in the tech markets. Revenue was up 13.7 percent year-over-year, noted CNBC. Fidelity ended last year with $6.8

blockchain 164

blockchain Boston Technology Fintech 164

Celent Banking

JANUARY 20, 2017

Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.

Case Study 100

Case Study Boston Innovation Massachusetts 100

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.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

Online 108

Online Mississippi New Jersey Boston 108

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

DECEMBER 11, 2018

In that instance, the venture firm has yet to turn a profit, and the investments/firms that it funded were not even expected to gain traction on top lines, let alone find their way toward showing black ink on the operating line. Perhaps easier said than done, because innovation needs development – and development needs cash.

blockchain 154

blockchain Boston cryptocurrency Capital 154

PYMNTS

OCTOBER 2, 2017

Currently available in 10 retail markets — including Atlanta, Boston, Chicago, Dallas, New York City and San Francisco, among others — Chain Store Age reports the new feature will “transform what is considered a time-consuming, even frustrating, process.”

San Francisco 101

San Francisco New York City Cleveland Detroit 101

PYMNTS

MARCH 20, 2018

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Banks that want to attract and retain this business must continue to invest updating and enhancing their technology infrastructure while embracing emerging technology.”.

Boston 109

Boston Survey Digital Strategies Regional 109

PYMNTS

NOVEMBER 11, 2019

From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. Amazon’s Big Robotics Investment .

Apple 101

Apple Massachusetts Data Cards 101

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.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

JULY 30, 2019

The company has also expanded Starbucks Delivers with the help of Uber Eats, which is in more than 2,700 stores in 11 markets. 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-Order Ahead. In fact, 91.4

Mobile 148

Mobile New York Philadelphia Google 148

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

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

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

Celent Banking

FEBRUARY 1, 2017

While this makes the category more difficult to judge, it offers immense insight into what’s happening in the market. The second type is a completely separate brand ring-fenced under a different technology stack, operating under the umbrella of the parent organization but effectively a separate entity.

Customer Experience 100

Customer Experience Branding Boston Innovation 100

PYMNTS

FEBRUARY 4, 2017

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). And then there’s Tom Brady.

Boston 100

Boston San Francisco Houston Georgia 100

PYMNTS

FEBRUARY 4, 2017

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). And then there’s Tom Brady.

Boston 100

Boston San Francisco Houston Georgia 100

PYMNTS

JUNE 8, 2017

Tripodes has more than 15 years of franchising experience with Boston Restaurant & Sports Bar, Bojangles and Moe’s Southwest Grill, among others. Saladworks also plans to plant corporate stores in key markets in Atlanta, Georgia and Dallas/Fort Worth, Texas over the next six to 12 months.

Fort Worth 100

Fort Worth Dallas Georgia Atlanta 100

PYMNTS

AUGUST 24, 2019

According to Zach Hensley, vice president of operations and guest experiences for the Seahawks and CenturyLink Field, these services are changing how fans experience live games and boosting their overall enjoyment. These teams are looking to mobile apps to innovate payments in a way that will revitalize purchases and the game experience.

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

JULY 20, 2017

Filling that hole — and making it easy for customers to get their drinks delivered right to their doors — is an area that caught the eye of many an innovator. Boston-based Drizly , which raised more than $35 million, has a foothold in 70 cities and a stated ambition to be the “Amazon of Alcohol.”

New York 100

New York Operations Retail Boston 100

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

OCTOBER 22, 2020

That’s a figure Webster said she found hard to believe, but Xiao said that’s because she does most of her dining Boston — where phones’ prominence is a lot lower and digital channels are far more strongly developed. We really focused on what we can do to scale down the onboarding time and make this operational in a matter of days.”.

New Hampshire 180

New Hampshire System Boston Operations 180

PYMNTS

MARCH 17, 2017

With a big focus on technology in Silicon Valley and Boston, New York City slowly made its way to becoming a powerhouse tech player. Situated near Gramercy, the Flatiron District, the East Village and Greenwich Village on Manhattan’s east side, this tech hub will have access to a wide variety of talent and innovation.

New York City 100

New York City New York Community Industry 100

PYMNTS

FEBRUARY 12, 2018

At the same time, the market caps of the top 20 retailers have lost more than $230 billion over the last two years, and mall operators are sucking wind as overstocked anchor stores shutter underperforming locations, which delivers a death knell for the stores that depend on anchor store foot traffic to lure customers in.

Big Data 135

Big Data Data Retail Marketing 135

PYMNTS

NOVEMBER 8, 2017

Because shortages drive innovation, according to David Cole, director-emeritus of the Center for Automotive Research (CAR) in Ann Arbor, Michigan, and in the case of driver shortage, the innovation that is being spurred on is “the development of autonomous and fully driverless trucks (and other vehicles).”. That is today.

Michigan 101

Michigan Colorado Operations Boston 101

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. Funding and investor information is as of 9/6/17. .

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

DECEMBER 7, 2018

In an interview with PYMNTS’ Karen Webster, Gradifi’s new CEO David Chang — all of a week and a half in his role and a PayPal alum (where he helmed that firm’s Boston office) — said that all too often in conversation with young borrowers, it becomes apparent that debt is steering their career choices. What’s On Offer.

Study 170

Study United States Boston Millennials 170

PYMNTS

SEPTEMBER 22, 2017

The eCommerce giant has reportedly been in talks with middle market pharmacy benefit managers to arrange a contract. The target market would be the uninsured and customers with high deductibles who pay cash for their prescription drugs. Consumers may also be able to “click and collect” beer from their local Whole Foods Market.

Strategy 102

Strategy Los Angeles Retail Google 102

PYMNTS

MARCH 11, 2016

Being too successful at flying under the radar, at best, confuses the target market or audience and, at worst, just misses them entirely. Stringfellow was promoted to the permanent position of VP of internal innovation and operations. It is a delicate balance, of course. ECommerce was big business for Target in 2015.

Retail 100

Retail San Francisco California Minneapolis 100

PYMNTS

SEPTEMBER 9, 2016

The funding was provided by Nauta Capital, reports said, whose general partner based in Boston, Dominic Endicott, said that Nauta’s confidence in Connected2Fiber stems from its ability to nix manual processes, like Excel, and other systems to help network operators visualize assets and connect to buyers. B2B eCommerce.

Capital 100

Capital Boston Management Report 100

PYMNTS

JANUARY 17, 2020

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. Government Efforts.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

APRIL 30, 2018

The sandwich chain will be redirecting its focus to international expansion even as it loses market share in the U.S. Store count isn’t everything,” CEO Suzanne Greco told The Boston Globe. We’re focused now on strengthening market share.”. Subway has 44,000 locations worldwide, all of them independently owned.

Retail 100

Retail Branding Boston Washington 100