PYMNTS

OCTOBER 11, 2020

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. Marchesi holds a Bachelor of Arts degree in international marketing from Hofstra University and an MBA in finance from New York University, according to Santander.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

NOVEMBER 4, 2020

the Federal Reserve Bank of Boston said, “To date, U.S. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”. Open access to payment APIs allows merchants to give their consumers additional options during checkout.

US 171

US Boston Regulation Data 171

PYMNTS

AUGUST 16, 2018

trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. That’s according to the new “ Payments Powering Platforms Tracker ” from PYMNTS. Source: Payments Powering Platforms Tracker , powered by WePay.

Industry 105

Industry Payments Online Boston 105

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

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

JANUARY 17, 2020

These days, it seems like you can hardly go a minute without hearing about the rise of 5G, the spread of facial recognition or how friction is being removed from all types of payment methods. In its FCC application, Amazon said its satellites would operate at altitudes of roughly 370 to 390 miles. communities. Expensive Cities.

Payments 131

Payments Los Angeles San Francisco New York City 131

Independent Banker

NOVEMBER 30, 2021

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. The bank also helped hotel operators obtain Paycheck Protection Program (PPP) loans. Photo: R.J. New loan demand returns.

Community Bank 209

Community Bank Community Texas Dallas 209

PYMNTS

NOVEMBER 5, 2019

It’s a concept Rob Orgel, now the new president and chief operating officer at Flywire , told Karen Webster was foundational to his decade-long career at Apple — where he was part of the leadership team that developed, rolled out and grew the Apple Pay business. Flywire announced his appointment Tuesday (Nov. 5) to the newly created position.

Apple 152

Apple Leadership Customer Experience Boston 152

PYMNTS

APRIL 22, 2020

Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. General Motors shut down its car-sharing company, Maven, due to the coronavirus pandemic and other lingering concerns. Senate Passes Bill That Adds $310B More To PPP Loans.

New York City 132

New York City social media Boston Chicago 132

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141

Tools Boston Cards Management 141

PYMNTS

AUGUST 13, 2018

are paid online, with 61 percent of those payments coming from millennials. For this month’s Payments Powering Platforms Tracker feature story, PYMNTS caught up with Coon, as well as Gino Zahnd, CEO and co-founder of Cozy , to find out what is stalling rent payment innovation, and what Zillow’s entrance means for the industry.

Payments 100

Payments Online Millennials Boston 100

PYMNTS

JUNE 6, 2019

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Her needs are relatively simple.

San Diego 137

San Diego Boston Cards New York 137

PYMNTS

NOVEMBER 4, 2016

But when it’s time for payment, the smooth sailing can sometimes get abruptly choppy. Traditionally, bike taxis accept only cash payments, which creates a significant barrier to entry for many potential customers. That’s why many pedicab companies and drivers are increasingly embracing mobile payment acceptance solutions.

Cards 100

Cards Payments Industry Mobile 100

PYMNTS

SEPTEMBER 20, 2016

The payments industry is a fairly large pie, but the way things are currently set up is skewed to favor larger vendors and businesses — a $4 trillion industry in the U.S. million small businesses make up about 26 percent of the overall payments industry but are responsible for 79 percent of its total fees. Payments are complex.

Meeting 100

Meeting Los Angeles Payments Resources 100

CFPB Monitor

FEBRUARY 18, 2021

On February 2, 2021, the Federal Reserve (“Fed”) announced that the launch date for its instant payments platform— FedNow —would be sooner than originally expected. is lagging behind other countries with respect to instant payments platforms. Before FedNow is released, it will be extensively tested to ensure that it is market-ready.

United States 78

United States Boston Tools Payments 78

PYMNTS

SEPTEMBER 3, 2020

Hilton’s Times Square loss is more a reflection of how COVID-19 has bruised the Big Apple’s remarkable tourism industry than it is a commentary on individual hospitality operators. And while properties in “certain urban markets” including Boston, Chicago and New Orleans saw upticks in July, a COVID resurgence cooled the trend. “As

New York City 188

New York City New York Louisville Jacksonville 188

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

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. Because when they do, consumers can get hurt.

Regulation 181

Regulation Boston Cards Innovation 181

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 28, 2016

Volkswagen’s financing unit has inked a deal to buy PayByPhone, a Canadian mobile payments company, for an undisclosed sum. PayByPhone already has agreements with a lot of the parking operations around the world and handles the payments for 262,000 parking spaces in Paris, Boston, London, San Francisco and Seattle.

San Francisco 116

San Francisco Seattle Boston Mobile 116

PYMNTS

AUGUST 3, 2018

In the latest Mobile Point-of-Sale Tracker , PYMNTS reports on how mPOS solutions are entering new markets around the globe, and how players in the space are working to make sure they also become more secure as they become increasingly popular. Around the mPOS World. Adopting mPOS for a Smoother Commute. About the Tracker.

Trends 105

Trends Massachusetts United States Boston 105

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). All of those viewers present a massive commerce opportunity and a chance for payments to really shine.

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). All of those viewers present a massive commerce opportunity and a chance for payments to really shine.

Boston 100

Boston San Francisco Houston Georgia 100

PYMNTS

DECEMBER 9, 2016

If you can do it better than what’s out there — the whole world can be your market. Innovators — particularly payments innovators — love this particular bon mot and spend a lot of time trying to build that new payments mousetrap, in the hopes that the world will beat a path to its door. So why the move into QSR from Chase?

Payments 100

Payments Mobile Innovation Boston 100

PYMNTS

OCTOBER 18, 2016

ImageSurge, a Boston-based unattended retail service provider, is looking to change the way consumers window shop. “We believe that integration of digital marketing technologies into the physical space will play a big part in that change. to accept mobile payments. Fellow micro-market provider Avanti Markets, Inc.

Retail 100

Retail Boston Mobile Technology 100

PYMNTS

FEBRUARY 4, 2019

billion annually if it renegotiates to the now-lower market rates. Elsewhere, Saudi Arabia has reportedly failed to pay $1 billion owed, amid payments held back from supplier General Dynamics. The late payments have been a cause of concern and discussion for years by Western firms, said The Wall Street Journal ( WSJ ).

Boston 109

Boston New York Payments Conference 109

Celent Banking

JANUARY 20, 2017

Those who’ve followed the Model Bank Awards closely will note that our awards format has evolved to follow the market over the years. And lines elsewhere begin to blur, too – for instance, should a mobile payments initiative be in mobile, or in payments, or in its own category? Operations and Risk. Customer Experience.

Case Study 100

Case Study Boston Innovation Massachusetts 100

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. Korean consumers see no evil in mobile payments. The statistics get even better as the daily average number of mobile payments increased almost 83 percent to 810,000.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

JANUARY 9, 2020

Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group , an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners , according to a press release.

Groups 100

Groups Boston Capital Meeting 100

PYMNTS

DECEMBER 8, 2020

All of them and others are part of “Operation Warp Speed,” which also includes drug makers, medical distributors and federal agencies. Department of Health and Human Services has signed on dozens of grocery and pharmacy chains to provide COVID-19 vaccines once the inoculations are approved by the Food and Drug Administration.

Retail 151

Retail Boston Analysis Report 151

PYMNTS

FEBRUARY 11, 2019

That mindset “is becoming increasingly necessary if retailers want to remain competitive in the market,” the index found. Pharmacy operator CVS , for example, experimented with a program in Boston in which shoppers received free delivery on prescriptions and eCommerce purchases as well as other perks. Just under half — or 45.9

Innovation 166

Innovation Retail social media Apple 166

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. The study was published one year after Uber set its drivers loose on the road in Boston and taxi drivers collectively stomped their feet over the fact that Uber was cutting into their business.

Boston 124

Boston Regulation Innovation Study 124

Independent Banker

JANUARY 31, 2022

The Federal Reserve’s new payments rail launches in one year. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. payment system.”. Photo by Traveler1116/iStock. The FedNow Service is launching in early 2023, giving community banks about a year to plan. By Colleen Morrison.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

DECEMBER 7, 2018

The typical undergrad-as-borrower leaves with degree in hand and an average of $265 in monthly payments. Those who leave medical school have an average of $1,600 in monthly payments. The burden can be such, said the study, that student loan payments can exceed what it costs to lease a car or own a home. What’s On Offer.

Study 170

Study United States Boston Millennials 170

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 . India, the U.K.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

NOVEMBER 3, 2016

They are increasingly able to serve more customers than ever before, thanks in large part to mobile payment acceptance technology. Pedicab drivers in cities like Boston, Chicago and Washington, D.C., can now accept credit and debit card payments thanks to mPOS systems that allow them to take cards while on-the-go.

Mobile 100

Mobile Dallas Apple Boston 100

Insights on Business

FEBRUARY 6, 2018

authorities hit BNP Paribas with fines amounting to approximately USD 600 M for market misconduct and trader collusion that took place over 6 years. Surveillance Insight for Financial Services: Deliver real-time supervision and surveillance capabilities to manage Conduct Risk (collusion and insider trading), Market Abuse, and Complaints.

Compliance 87

Compliance Analytics Boston Regulation 87