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Adopting Technology Without Eclipsing Human Interaction

PYMNTS

Quick-service restaurants (QSRs) are intensely competitive and have very little margin for error, causing many to employ technologies such as mobile apps and self-service kiosks. Clover started with one food truck and it now has 12 restaurant locations throughout the greater Boston area. Small Business Growth Challenges.

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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

PYMNTS

The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I

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Paytronix Offers Toast Eateries Online Ordering Integration

PYMNTS

Based in Newton, Massachusetts, Paytronix is offering its self-service online ordering setup for free for six months to customers of Toast , which specializes in restaurant technology, notably point-of-sale (POS) systems for restaurants. At the time, Paytronix said the funding was to jump-start growth.

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

PYMNTS

But in a collaborative effort with Flywire , Citi Commercial Bank is working to accelerate these transactions for Boston-area hospitals that need equipment fast. Citi and Flywire are putting their decade-old partnership to a new use in an initiative with The Boston Foundation , a community foundation connecting nonprofits to funding.

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Central banks raising interest rates makes it harder to fight the climate crisis | Thomas Ferguson and Servaas Storm

TheGuardian

Thomas Ferguson is professor emeritus at the University of Massachusetts, Boston, and director of research at the Institute for New Economic Thinking Servaas Storm is a senior lecturer at the Delft University of Technology Continue reading.

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Fed Exploring ‘Hypothetical’ Digital Currency

PYMNTS

A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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