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Boston Fed Takes On Cyber Risks, FinTech Competition

PYMNTS

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

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FinTech LendingClub Buys Radius Bank For $185M

PYMNTS

Radius is based in Boston and has in the neighborhood of $1.4 The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. Recently, Varo Money , a mobile bank, got FDIC approval to accept consumer deposits. billion in assets.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck. In New York City, still considered the epicenter of COVID infection in the U.S.

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When Mobility Helps You Park

PYMNTS

Companies like Passport create custom mobile platforms for cities and other municipalities that enable drivers to pay parking fees, commuters to pay mass transit fares, wayward parkers to pay enforcement fines and more, all from their smartphones. Our only reason for this business is mobile payments,” he said. “Our

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Football Season To Kick Off New Payments Plays

PYMNTS

But it’s not just payments where the NFL and other sports can shine when it comes to digital and mobile technologies. As other PYMNTS research confirms, consumers are set to spend $23 billion buying mobile tickets for sports and gaming events by 2023. Mobile apps, too, are playing a bigger role in football and other major sports.

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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

.” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., In New Jersey and Mississippi, DraftKings Sportsbook mobile and retail allows players to bet for major U.S. and international sports, pursuant to state rules and regulations.

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How mPOS Helps Food Trucks Keep Up With Modern Customers

PYMNTS

In this month’s feature story, PYMNTS examines the mPOS solutions powering Zinneken’s , a Belgian waffle bakery with several fixed locations and one Boston-based food truck, and Frosty Ice Cream , which claims to be Massachusetts’ oldest “mobile food and dessert catering company.” . Zinneken’s Serves Sweets With Speed .