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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 Cohere Capital Partners, a Boston-based private equity firm focused exclusively on middle-market growth companies, closed its initial fund at $200 million, and Founder Collective raised $85 million for its newest fund, BostInno reported. LaunchPad Medical of Lowell received a $2.5

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Boston Telemedicine Company Amwell Prices IPO

PYMNTS

Amwell , the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. The Motley Fool reported privately-held Amwell, a subsidiary of Aligned Telehealth Inc., Ryan Krause , vice president at Epic Systems Corp., But that number jumped to 2.5

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Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’

PYMNTS

Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. The Boston Fed chief said the central bank has already moved to help lessen the coronavirus pandemic’s economic harm.

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Flipkart To Compete With Amazon Via Video Streaming

PYMNTS

Borrowing from the playbook of Amazon, Walmart’s Flipkart reportedly intends to begin a free video streaming service in India in the coming months. The eTailer is looking to launch video streaming for Flipkart Plus loyalty program members by September before the peak Diwali shopping season, Bloomberg reported.

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Weekly Wrap: Amazon CX inspires bankers, as digi-players target the underbanked

Bank Innovation

Welcome to the latest episode of our weekly wrap video series, for the week ending August 2, 2019.

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Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal

PYMNTS

Plus, the Boston Federal Reserve Chief said the U.S. Apple has announced it will end its practice of taking a cut of streaming revenue from Amazon’s Prime Video and other such platforms for some services on iPhones and other devices. Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’.

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What banks can learn from Wal-Mart

Chris Skinner

sat down to record a private video for the top officials of the world’s largest retailer: Wal-Mart. In the video, meant for Wal-Mart executives and board members who weren’t yet part of weeks of secret negotiations between the companies, Lore stares earnestly into the camera and shows off his Bentonville bona fides.

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