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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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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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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. However, they’re less enthusiastic about high-profile innovations such as mobile apps and kiosks.). More than six in 10 – or 65.3

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FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System

Abrigo

The Financial Crimes Enforcement Network (FinCEN) is tasked with protecting the financial system both within the United States and internationally. Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions.

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Fed Exploring ‘Hypothetical’ Digital Currency

PYMNTS

In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that the Federal Reserve Bank of Boston is working with researchers at MIT to “build and test a hypothetical digital currency oriented to central bank uses.”.

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

PYMNTS

While innovation in financial services infrastructure can facilitate high-value cross-border transactions to complete within a day or two, in today’s ecosystem of B2B trade, there is growing pressure for payments to complete in a matter of hours, not days. Accelerating PPE Procurement.

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REPORT: The QSR’s Digital Checklist For Surviving The Long Haul

PYMNTS

Restaurants will once again have to pull out all stops to draw customers, including relying on third-party ordering systems like Grubhub and Uber Eats. QSRs are also improving their in-house ordering systems to make up for declines in walk-in traffic. cities, including Boston, Chicago, New York and Washington, D.C.

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