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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

PYMNTS

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

Boston 177
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Digital payments on the rise in India – what does this mean for the region?

NCR

At the moment, some parts of this region are still heavily cash dependent, with research from McKinsey and Capgemini suggesting just two per cent of transactions in emerging nations of Asia-Pacific were cashless last year – though this rises to 35 per cent in developed countries. With more than 1.3 India set for a digital boom.

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Webster’s Profits Flat on Boston Expansion, Credit Costs

American Banker

million in the first quarter, but expenses related to its expansion in Boston and an uptick in net chargeoffs kept profits flat. Revenue at Webster Financial in Waterbury, Conn., hit a record $240.6

Boston 28
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2021 GonzoBanker Awards

Gonzobanker

We know the customer buying and use of financial services is being fundamentally changed by fintech, but our long-term strategies to invest/partner/buy/compete are very much works in progress. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 147
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The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Jeff began his post-graduate career as a Management Consultant with The Boston Consulting Group. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. BILL GURLEY.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food. Vegan fast casual: By Chloe (NYC, Boston, LA, Providence, London). Strategies for staying inspired & remaining relevant. This year, Subway plans to close more than 500 locations.

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How Darwinian Thinking Keeps Ice Cream Shop Afloat In Off-Season

PYMNTS

Petryk, who said he was bullied ruthlessly as a kid from the third grade to high school, views his chain of Boston-based ice cream stores as safe havens that he wants to share with his community. “I The first store opened in Boston’s Jamaica Plain neighborhood (hence the initials J.P.), I was always a weirdo,” said Petryk. “I

Maine 100