PYMNTS

AUGUST 21, 2020

Plus, Amazon has put some hiring on hold for its Alexa operation. Report: $50B in Cryptocurrency Moved Out of China. Report: Amazon Slows Alexa Staff Hiring to Improve Margin. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

PYMNTS

OCTOBER 8, 2020

Adults with positive SARS-CoV-2 test results were approximately twice as likely to have reported dining at a restaurant than were those with negative SARS-CoV-2 test results.”. And restaurant operators are aware. America doesn’t have the appetite for this. We’ve had it. It’s not coming out of the blue. Winter Is Coming.

San Francisco 291

San Francisco Boston Operations Report 291

PYMNTS

JUNE 10, 2020

s workforce, reported the Evening Standard. What The Restaurant Group wants to do is lower its rent in 85 locations to keep them operating. There is one shining light in the company’s operations: the pan-Asian brand Wagamama, which has performed well since the Restaurant Group bought it in 2018. At the time of Massachusetts Gov.

Groups 131

Groups Massachusetts Boston Operations 131

PYMNTS

MAY 7, 2020

reported a net loss of $402 million for the first quarter of 2020. Maddox said per the report that the company’s casinos could potentially reopen late this month. Wynn Resorts runs the Encore and Wynn properties on the Strip as well as properties in Macau and the Encore Boston Harbor. Revenues for its casinos plummeted by 61.7

Online 210

Online Las Vegas New Jersey Nevada 210

PYMNTS

MAY 27, 2020

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. SeafoodSource.com has reported that a number of U.S. Le Pain Quotidien , the U.S.

Florida 131

Florida New York New York City Delaware 131

PYMNTS

NOVEMBER 27, 2019

Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to appeal, according to a Monday (Nov. London regulators refused to renew the ride-hailing company’s operating permit over safety concerns and drivers using false identities.

San Francisco 141

San Francisco Houston Boston Regulation 141

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. All three will report to Pierre Habis , Santander’s head of consumer and business banking, today’s news release stated. Patrick Smith was named head of Small Business Banking.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

SEPTEMBER 23, 2020

Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S. Bloomberg reported the four could cooperate with federal prosecutors in the pursuit of Baugh and Harville. Calls and emails to the six defendants’ attorney were not returned, the news outlet reported.

San Jose 173

San Jose Massachusetts New York City Leadership 173

PYMNTS

MAY 13, 2020

Atul Gawande will resign as Haven’s CEO to serve as chairman of its board of directors, the Boston-based organization announced on Wednesday (May 13). Bloomberg News reported there’s little public evidence of the ambitious ideas the initial rollout seemed to promise. s Optum unit.

Boston 130

Boston Policies Leadership System 130

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. Grubhub absorbed 27 of OrderUp’s markets, including Baltimore itself, reported The Baltimore Business Journal. Foodler launched in Boston in 2005.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

AUGUST 19, 2019

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on Monday (Aug. Financial investigators Harry Markopolos and John McPherson published the report on Thursday (Aug. percent in 2001, the report says.

Fraud 108

Fraud Boston Analysis Report 108

PYMNTS

JANUARY 22, 2019

According to a report in USA Today , Starbucks is rolling out the delivery expansion in San Francisco on Tuesday (January 22) and will extend it into Boston, Chicago, Los Angeles, New York, and Washington D.C. The report noted that Starbucks is also gearing up to test the service in London, noted the report. “We

Los Angeles 144

Los Angeles San Francisco Miami Boston 144

PYMNTS

NOVEMBER 7, 2018

The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. The news comes as CVS is testing a program in Boston in which customers get free delivery on prescriptions and online purchases, among other perks.

Boston 118

Boston Retail Branding Report 118

PYMNTS

AUGUST 10, 2020

Boston-based Advent International , a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 But the firm said it cannot predict how a global economic downturn would impact consumer spending or how badly it could hurt its operations. “I

Boston 141

Boston Online Groups Retail 141

PYMNTS

DECEMBER 24, 2020

Square, for example, said in its latest earnings report that revenue from bitcoin trading came to $1.6 As reported, the company also said bought $50 million of bitcoin to hold on its balance sheet. “Staking a claim on bitcoin trading can pay off,” we wrote in this space recently.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

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. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109

Boston Survey Digital Strategies Regional 109

PYMNTS

JANUARY 17, 2020

CarGurus, an auto marketplace based in Boston, has acquired car shopping platform startup Autolist, according to reports. PistonHeads also still operates under its own brand name. “We Autolist Founder Corey Lydstone will report to Trevisan. “We The company will test new products and initiatives, however.

San Francisco 130

San Francisco Boston Leadership Branding 130

Chris Skinner

MAY 18, 2017

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? After humblebragging about reading every annual report since 1972, he says he’s been “struck by Wal-Mart’s maniacal focus” over its storied 54-year history. It’s a benchmark article showing how an incumbent giant finds it hard to adapt.

Omaha 277

Omaha Video Arkansas Boston 277

PYMNTS

OCTOBER 12, 2020

The recently released report by the Bank for International Settlements ( BIS ) offers a general framework for digital currencies. The pandemic, no surprise, has spurred the shift, especially in the retail space, where the share of respondents who reported switching to online transactions was up 28 points since March.

Boston 233

Boston System Online Payments 233

PYMNTS

AUGUST 11, 2017

a premium outerwear brand known for its goose-down jackets with fur-trimmed hoods, has announced that it plans to open three more retail locations in the fall: in Boston, Calgary and Tokyo. million – a six-fold increase, reported the PE Hub Network. Canada Goose Holdings Inc., Shares were up 5.3

Company 101

Company Boston New York City Chicago 101

PYMNTS

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. percent through 2028, according to Boston Consulting Group. 9), citing sources. This latest fundraising could top $300 million.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

NOVEMBER 3, 2020

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. percent year over year,” PYMNTS reported.

Company 131

Company Retail Boston Capital 131

PYMNTS

JULY 16, 2020

Andrew Cuomo is threatening to close down restaurants that are not following social distancing rules to stem the coronavirus, CNBC reports. Boston-based Petit Robert Bistro owner Loic Le Garrec said in a recent PYMNTS interview that he’d been trying to stay safe in reopening through temperature checks. New York Gov.

New York 141

New York Boston Conference Policies 141

PYMNTS

JULY 29, 2019

John McNeill, Lyft’s chief operating officer, is leaving the ride-hailing company, according to a report by Bloomberg. The suit, filed May 17 by Boston-based law firm Block & Leviton in U.S. Lyft said it would not hire a replacement. Shares in the company dropped 3.9

Boston 132

Boston California Fraud Company 132

PYMNTS

OCTOBER 19, 2020

More consumers mean more sales – and more sales means growth, expansion, jobs and prosperity for the business, its workforce and the local economy in which it operates. The owner of an upscale hair salon in Boston is an example of a business living this reality. Social proof can also work in reverse. Saving Main Street.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

SEPTEMBER 3, 2020

Local media reports say the hotel, which began furloughs in mid-March, will shutter permanently in October. 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. The Wall Street Journal recently reported.

New York City 188

New York City New York Louisville Jacksonville 188

PYMNTS

NOVEMBER 4, 2020

the Federal Reserve Bank of Boston said, “To date, U.S. A September report found that the number of open banking users in the U.K. Consumers can now use their bank accounts to make payments while also viewing the account balance directly,” Arjun Kakkar, vice president of strategy and operations for Ekata, told PYMNTS.

US 171

US Boston Regulation Data 171

PYMNTS

FEBRUARY 5, 2020

operated Bacs and partnered with Boston payments firm Bottomline Technologies to enable direct debits for small to medium-sized businesses (SMBs), Metro announced on Wednesday (Feb. challenger bank Metro Bank has joined the Pay.UK-operated

Metro 130

Metro Boston Technology Security 130

PYMNTS

SEPTEMBER 30, 2018

Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. According to a report in CNBC citing Fidelity, billions of dollars are going toward Fidelity blockchain, Fidelity AI and Fidelity VR. Revenue was up 13.7

blockchain 164

blockchain Boston Technology Fintech 164

PYMNTS

DECEMBER 6, 2019

Also, the co-founder of Boston-based payments firm Circle will step down from his co-CEO role at the end of the month. The co-founder of Circle, a Boston-based payments firm, will step down from his co-CEO role at the end of the month. And Uber has debuted a group ordering option.

Training 130

Training Boston Payments Tools 130

PYMNTS

OCTOBER 4, 2019

Amazon , in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type in the United States. Sheriff said, according to the report, “We want to meet customers where they are. Amazon views the store as a complement to its site. In Other Brick-and-Mortar News.

Retail 109

Retail San Francisco United States Boston 109

PYMNTS

JUNE 15, 2020

Attorney Andrew Lelling in Boston. It goes pretty far up the chain at eBay,” Lelling said Monday at a news conference, The Wall Street Journal (WSJ) reported.

San Jose 182

San Jose California New York City Massachusetts 182

PYMNTS

DECEMBER 11, 2018

The Wall Street Journal reports that cryptocurrency firms are laying off employees, a survival tactic in a world where crypto prices have crashed in some instances by more than 85 percent. The number of employers listing blockchain-related jobs is still rising, but at a much lower rate,” said the report. The anecdotes abound.

blockchain 154

blockchain Boston cryptocurrency Capital 154

PYMNTS

SEPTEMBER 17, 2020

As reported by Cointelegraph Thursday (Sept. Earlier this year, as noted by PYMNTS , the bank said it “established a small in-house Innovation Lab as a way to strengthen engagement with, and understanding of, new and emerging technologies that are relevant to its policy and operational responsibilities.”

Policies 181

Policies Boston Examples ATM 181

PYMNTS

JANUARY 21, 2020

The story as WSJ reported it shines a light on the towering role hospitals play — effectively as brokers of data — when large companies are venturing into the healthcare industry, which is worth billions. laws, data from patients can’t be shared unless it is needed for treatment, payment or hospital operations.

Data 130

Data Boston Washington Google 130

PYMNTS

FEBRUARY 20, 2019

Tide, the laundry brand owned by CPG Detergent, is introducing a service called Tide Cleaners, an on-demand dry cleaning and laundry service, at 1,000 locations in cities across the country, according to reports. There are currently boxes in Dallas, Boston, Cincinnati, Nashville, Denver, Washington D.C.

Omaha 145

Omaha Nashville Indiana Alabama 145

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