Remove Boston Remove Marketing Remove Report Remove Security
article thumbnail

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.

Boston 151
article thumbnail

Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’

PYMNTS

Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. The Boston Fed chief said the central bank has already moved to help lessen the coronavirus pandemic’s economic harm.

Boston 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: Hdac, CertiK Partner For Blockchain-Powered IoT; Tezos Expected To Settle Securities Lawsuit With $25M Settlement

PYMNTS

CertiK , an auditing firm, wants to bring Internet of Things (IoT) devices onto blockchain through its new partnership with Hdac , CoinDesk reports. The new network, which saw CertiK engineers collaborating with Hdac’s team, will be released in the “near future,” CoinDesk reported.

article thumbnail

New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

PYMNTS

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

Online 272
article thumbnail

Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. Participants reported boosting their average cash held on their persons by 17 percent to $81 from a previous $69.

Cleveland 330
article thumbnail

Uber Sets Grubhub Value At $6B As Takeover Talks Go On

PYMNTS

Uber CEO Dara Khosrowshahi and Grubhub Founder and CEO Matt Maloney, who have known each other for years, are discussing the details of a potential merger or acquisition , The Wall Street Journal (WSJ) reported. But in this case, the potential for cost savings is more than $300 million, WSJ reported.

article thumbnail

SEC Charges Two Firms With ICO Violations

PYMNTS

Securities and Exchange Commission late last week settled charges with two companies it charged with offering digital tokens in a manner that ran afoul of rules. It is the first time the SEC slapped companies with penalties for getting around rules via initial coin offerings (ICOs), noted Reuters in a report.

Security 151