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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 billion in venture capital funding in May, BostInno reported. BostInno reported that fundraising for new investments by venture capital and private equity firms was less but still evident. Below are the startups that raised capital in May, according to data compiled by BostInno.

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US Companies Advised To Add Health Experts To Manage Pandemic Response

PYMNTS

companies to appoint COVID-19 experts to their board of directors as a way to manage the pandemic threat that could linger for years, the Financial Times (FT) reported. “I In addition, Williams told FT that Harvard has seen a strong appetite to assist top management integrate public health principles in their businesses.

US 204
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New Report: The Power Of Instant On SMBs' Financial Health

PYMNTS

The year started out looking pretty promising to Loic Le Garrec , owner of Boston’s Petit Robert Bistro. Mild winter weather in Boston had led to stronger-than-average performances in January and February, and Le Garrec told Karen Webster in a digital discussion that as March approached, he had every reason for optimism. “I

Report 208
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Boston Private Investor Opposes Silicon Valley Bank Merger

Banking Exchange

HoldCo Asset Management says shareholders should vote against deal following ISS report Management Feature M&A Feature3.

Boston 88
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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

On the other hand, an employee exploiting weaknesses in a paper-based T&E reporting system by submitting fake receipts is a crime, and represents another vexing scenario for accounting. They’ve had it with the futility of managing an increasingly complex mélange of paper and digital invoices, disbursements, payments and reconciliations.

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Airbnb Revives Plans To Go Public With Management Shakeup

PYMNTS

As the San Francisco-based vacation rental online marketplace has seen bookings rebound after coronavirus disruption, it will revive plans to launch an initial public offering this year, the Financial Times (FT) reported. We were down, but we’re not out.”. Rural stays surged 25 percent last month compared to June 2019.

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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

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