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Tech Center: Boston Steps Up Its Tech Game

PYMNTS

Known for its Irish roots and sports teams, the city of Boston has significantly stepped up its technology game over the past few years. With 35 higher education institutions in the Boston area pumping out innovative tech startup companies left and right, the city has attracted big-time players in the industry. billion in 2015.

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Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis

PYMNTS

It starts with an undergrad degree from Boston College and a law degree from Boston University. But a slew of Boston area residents are thankful that she hasn’t. Then she purchased two adjacent buildings and re-purposed them into one 13,500-square-foot facility where it is now the leading destination spa in metropolitan Boston.

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Buying into AML risks in real estate

Abrigo

The Association of Real Estate License Law Officials estimates that there are more than 3 million active real estate licensees in the United States. of the United States GDP, with estimates exceeding $3.9 Including rental and leasing licensees, as of 2021, the industry comprises approximately 16.7% In 2017, over 5.51

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With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?

PYMNTS

Wynn Resorts runs the Encore and Wynn properties on the Strip as well as properties in Macau and the Encore Boston Harbor. However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk.

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Bank of America To Update Branches In Response To Customer Behavior

PYMNTS

David Tyrie, head of consumer advanced solutions and digital banking, said that by 2021 Bank of America’s branches and ATMs will cover upwards of 90 percent of the population in the United States. . JPMorgan Chase, one of the largest financial institutions in the United States by assets, has also started adding new branches.

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Data: Americans Were On The Road Again Over Holiday Weekend

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United States citizens took to the road to travel for the 4th of July weekend, the surging coronavirus not deterring them, CNN reported , citing cell phone data. Hospitalizations from the highly infectious virus have risen in around a dozen states since Memorial Day weekend, CNN wrote.

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Eastern Bank Readying For IPO

PYMNTS

Boston-based Eastern Bank , the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. The more than 200-year-old bank, originally founded 1818, has filed plans notifying the U.S.