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

DECEMBER 5, 2019

The Federal Reserve System has joined the U.S. Our payment system is a vital part of America’s infrastructure that touches everyone,” said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City. payment system is improved. As a result, the FPC was created in 2018.

Kansas City 135

Kansas City Payments Kansas Boston 135

PYMNTS

OCTOBER 6, 2020

Restaurants will once again have to pull out all stops to draw customers, including relying on third-party ordering systems like Grubhub and Uber Eats. The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began.

Report 237

Report Innovation Boston Chicago 237

PYMNTS

OCTOBER 12, 2020

The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system. Those questions include: How does the Fed get those digital dollars to move throughout the banking system?

Boston 233

Boston System Online Payments 233

PYMNTS

OCTOBER 8, 2020

And restaurant operators are aware. We want restaurants to work so badly that we are willing to lie to ourselves,” Heather Mojer, co-owner and beverage director at Boston-based Big Dipper Hospitality Group , operator of the Café Du Pays, Mamaleh’s Delicatessen and State Park restaurants, wrote in an Instagram post. “We

San Francisco 291

San Francisco Boston Operations Report 291

PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

MARCH 16, 2018

2017, the task force published a catalog of payment-related Information Sharing Data Sources that covered the identification and reduction of payment system fraud in an effort to spur greater adoption and use by the industry. payment system and keeping pace with the rapidly evolving and expanding threat environment.”.

Security 100

Security Payments Boston Fraud 100

PYMNTS

SEPTEMBER 17, 2020

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

AUGUST 7, 2020

6) symposium highlighting the Fed’s approval of the FedNow system, Fed Gov. The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. FedNow Will Augment Private Systems, Not Replace Them . If all goes as planned, that is. In a Thursday (Aug.

America 189

America Kansas City Payments Kansas 189

PYMNTS

FEBRUARY 4, 2019

Fostering this growth means enabling food truck operators to quickly accept customers’ payments as they dish out food and friendly service. Merchants must ensure their mPOS offerings seamlessly operate alongside existing fixed solutions. Frosty Ice Cream has deployed soft-serve trucks in the Boston area since 1958.

Massachusetts 100

Massachusetts Boston Cards Operations 100

PYMNTS

OCTOBER 22, 2020

The more technologically or health-minded among us might even note things like tablet-based POS systems or an HVAC system with disinfecting UV light built in to attack COVID-19. The firm’s new Greet system can become a restaurant’s automated receptionist. But what almost no one will say restaurants need is a telephone.

New Hampshire 180

New Hampshire System Boston Operations 180

PYMNTS

JANUARY 30, 2020

On the other hand, an employee exploiting weaknesses in a paper-based T&E reporting system by submitting fake receipts is a crime, and represents another vexing scenario for accounting. Disrupting Paper-Based Systems. That’s not unusual for SMBs and paper-based operations, as recent surveys have shown.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. Certainly FedNow is addressing the instant payment component of that.”.

Payments 244

Payments Boston System Operations 244

PYMNTS

OCTOBER 9, 2020

For those who operate restaurants or simply enjoy them, 2020 has been a nightmare. Many will continue leveraging the third-party delivery apps that sustained them until their on-premises operations restarted, but these apps come with a host of issues. cities, including Boston, Chicago, New York and Washington, D.C.”.

Mobile 131

Mobile Boston Chicago Washington 131

CFPB Monitor

FEBRUARY 18, 2021

The ISO specifications are an important tool for financial institutions, processors and others to understand how to interface and send messages on the system. The Fed is also working to integrate FedNow with the RTP Network offered by The Clearinghouse so that the two systems can effectively operate alongside one another.

United States 78

United States Boston Tools Payments 78

PYMNTS

JANUARY 21, 2020

Microsoft is working with Washington-based hospital system Providence to develop cancer algorithms using shared patient data, which hasn’t been stripped of identifying information. 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

JUNE 8, 2017

Tripodes has more than 15 years of franchising experience with Boston Restaurant & Sports Bar, Bojangles and Moe’s Southwest Grill, among others. Furthermore, the corporate stores will serve as a trial run for new ideas in restaurant technology and operational flow to increase efficiency.

Fort Worth 100

Fort Worth Dallas Georgia Atlanta 100

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. Customers] recognize the reader [I use],” Kim said.

San Diego 137

San Diego Boston Cards New York 137

PYMNTS

JUNE 21, 2018

The new company will be based in Boston and will operate as an independent entity free from profit-making incentives and constraints. He is also founding executive director of the health systems innovation center, Ariadne Labs. The system is broken, and better is possible.”. This work will take time but must be done.

Boston 100

Boston New York Resources Innovation 100

Independent Banker

JULY 31, 2022

The best way for community banks to keep their profitability high is for their control systems to be working properly,” maintains Cathy Ghiglieri, president of Ghiglieri & Company in Pinehurst, N.C. Community banks need to take advantage of the digitalization of banking operations.”. ? Strengthen controls. Connors, Jr.,

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

OCTOBER 31, 2016

But with so many different solutions and combinations of features out there, finding the right system that can fit each business’ needs is difficult. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 100

Independent Banker

NOVEMBER 30, 2021

But the average consumer doesn’t imagine a scam involving a hybrid of social engineering and domain name system impersonation that can result in remote access to one’s entire device.”. These systems, he adds, make sure that the Social Security number, name and birth combination match and that the individual in question is not deceased.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

JULY 6, 2020

Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. Over the past 50 years, the Wong family has been the owners and operators, constantly adding themed dining rooms and even a comedy club. Next thought: A new ordering system. It’s hard to miss. That part was relatively easy.

Massachusetts 230

Massachusetts United States Boston Innovation 230

PYMNTS

SEPTEMBER 8, 2017

Levenson, director of the SEC’s Boston regional office, the department which investigated the overcharges. Despite marketing the system as “fair and transparent,” it provided one early subscriber with a “Last Look” trading functionality that allowed it to reject 57 matches — each with a $1 million face value — in a short amount of time.

Boston 101

Boston Chicago Regional Security 101

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. It wasn’t until 2011, when a complaint was filed with the U.K.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

NOVEMBER 2, 2017

Last week, they officially tasked long-term Mastercard partner Cubic Transportation Systems to implement a new fare payment system across the city’s entire subway (and bus) system. Once that new system is place, riders will be able to pay at the gate using contactless payments.

New York 105

New York New York City System Metro 105

PYMNTS

OCTOBER 2, 2017

Currently available in 10 retail markets — including Atlanta, Boston, Chicago, Dallas, New York City and San Francisco, among others — Chain Store Age reports the new feature will “transform what is considered a time-consuming, even frustrating, process.”

San Francisco 101

San Francisco New York City Cleveland Detroit 101

PYMNTS

JUNE 17, 2019

And there are plans to expand the service to additional markets in the coming months, including Boston, Chicago and Philadelphia. Grubhub has even integrated into Dunkin’s point-of-sale (POS) systems to ensure fast, accurate deliveries. said in a press release.

New York City 109

New York City New York Philadelphia Metro 109

PYMNTS

DECEMBER 26, 2019

It launched the expansion into San Francisco in January, with plans to extend the service into New York, Boston, Los Angeles, Washington, D.C. In November, Dine Brands linked up with Postmates to offer delivery from thousands of locations, integrating delivery orders into IHOP’s and Applebee’s POS systems. and Chicago.

Retail 134

Retail New York City Los Angeles New York 134

PYMNTS

AUGUST 16, 2018

That growth came, in part, at the expense of bill-paying sites and services operated by banks. It cites a figure from the Federal Reserve Bank of Boston that says more than 80 percent of rent payments are made via cash or paper checks. They accounted for 27 percent of online bill payments in 2016, down from 38 percent in 2010.

Industry 105

Industry Payments Online Boston 105

Independent Banker

JANUARY 31, 2022

In 2022, we’ve got some critical milestones around integration testing with all of our Fed systems, as well as pilot testing,” said Connie Theien, senior vice president and director, payments industry relations with the Federal Reserve System, to ICBA members during a November 2021 webinar ( see sidebar below ). payment system.”.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

FEBRUARY 21, 2020

The IRS is committed to fairness in the tax system, and we want to remind people across all income categories that they need to file their taxes,” said Paul Mamo, director of collection operations for the agency’s small business and self-employed division.

Taxes 141

Taxes Boston Florida Course 141

PYMNTS

AUGUST 3, 2018

The integration is designed to enable personal information to be stored in an isolated environment away from the merchant’s device operating system, keeping sensitive information secure in the event that hackers tap into any weakness in the device’s software. Adopting mPOS for a Smoother Commute.

Trends 105

Trends Massachusetts United States Boston 105

PYMNTS

NOVEMBER 3, 2016

Pedicab drivers in cities like Boston, Chicago and Washington, D.C., can now accept credit and debit card payments thanks to mPOS systems that allow them to take cards while on-the-go. We’re obviously moving into a world of plastic, certainly more than we’re using cash,” Morris said. Around the mPOS world.

Mobile 100

Mobile Dallas Apple Boston 100

Insights on Business

NOVEMBER 12, 2018

According to the Boston Consulting Group , there have been more than $321 billion in regulatory compliance penalties levied globally since the financial crisis of 2007- 2008. Next-gen means an ecosystem of standardized GRC knowledge and tools all operating together.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

JANUARY 17, 2020

We are delivering real change to the health care system,” CVS Health Chief Transformation Officer Alan Lotvin, M.D. The stores are part of the retailer’s strategy to have up to 1,500 locations operating throughout the country by the conclusion of next year.

Atlanta 131

Atlanta Houston Fort Worth North Carolina 131

Jeff For Banks

JANUARY 11, 2014

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. If so, we have to ask ourselves if we have the personnel, processes, and systems to execute on such a strategy.

Boston 86

Boston DC Community Community Bank 86