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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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London: still the #1 Global Financial Centre

Chris Skinner

The GFCI rates 88 financial centres and finds the top ten are: London New York Singapore Hong Kong Tokyo San Francisco Chicago Sydney Boston Toronto Updated every six months, the main headlines of this half year are: Brexit and the US election have had a significant impact. Of the 29 GFCI centres in the region, 16 declined and 12 rose.

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power

PYMNTS

But as to what a CBDC might look like in the eurozone, ECB executive board member Yves Mersch said a speech earlier this year that retail central bank digital currency (CBDC) is a game-changer and that retail CBDCs would be a “main focus.”

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SEC Charges Founder Of Mozido With Defrauding Investors

PYMNTS

“As alleged in our complaint, these investments were sold as a chance to get in early with a seemingly promising FinTech company,” said Paul Levenson, director of the SEC’s Boston Regional Office, in a press release announcing the charges.

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Independence Day 2017 – By The Numbers

PYMNTS

That is slightly less than the number of people living in Brooklyn today (though still more than the approximately 700,000 people currently living in Boston). For those of you driving in Boston for the first time, well, buckle up and good luck. How staggering? Oh, we’re so glad you asked. million people.

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The Case For Localizing Mom-And-Pop Investment

PYMNTS

When small business (SMB) investment marketplace MainVest announced a $3 million Seed funding round last week, it did something that many Main Street SMBs cannot do. “Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said.

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Super-Sizing Commerce For The Super Bowl

PYMNTS

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.

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