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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. The 350,000-square-foot facility will be located in Westborough, Massachusetts, which is 35 miles west of Boston.

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McDonald’s Will Open 200 Restaurants In Nordic Region

PYMNTS

McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! McDonald’s currently serves 150 million customers each year in Denmark, Sweden, Norway and Finland from its estimated 430 restaurants in the region.

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Why community banks are partnering with fintech startups

Bank Innovation

Radius Bank, a one-branch Boston-based community bank with $1.2 As big banks try to win over customers with digital upgrades that resemble slick user interfaces from fintech startups, community banks are looking at new ways to keep pace with customer expectations. Many are seeing partnerships as the path to growth.

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LA vs. NY vs. Boston: Deals And Dollars Showdown

CB Insights

While Silicon Valley remains the top area for VC-backed startup funding, activity has long since defused to New York and beyond, with LA and Boston seeing a large number of deals and dollars flowing to startups in the region. Below … Continued.

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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 intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Austin, Boston, New York and D.C. Boston, Massachusetts. When Amazon came to Seattle, Washington, it changed the region through a boom in development to keep up with growth in employees and higher rent prices. all made the cut, as did some surprises like Columbus, Ohio. Politicians across the U.S. Austin, Texas. Columbus, Ohio.

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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

Porter nabbed the 2016 EY Entrepreneur of the Year Award in the Financial Technology category for the Central Texas region. Amy is an exceptional entrepreneur,” said Nick Cayer, partner at Boston-based Great Hill Partners. In 2019, Porter took on the role of executive chairman at AffiniPay.

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