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Tech Center: New York City Takes on Tech Full Force

PYMNTS

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012).

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BNP Paribas, Barclays and Goldman Sachs Invest in AI Startup Digital Reasoning

Bank Innovation

’s Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City. Artificial intelligence startup Digital Reasoning has raised $30 million from a group of major banks, in a round led by French bank BNP Paribas. The other investors include U.K.’s

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Data: London FinTechs Netted $3.6B In VC Investments So Far In 2020

PYMNTS

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. New York City is also high up there, with $2.2 FinTechs account for 44 percent of all venture capital investments in London tech companies this year.

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Japan’s Episode Six to Launch in the U.S. Soon

Bank Innovation

Though he could not disclose a timeline, Mitchell noted he's currently visiting New York City to lay the groundwork for the launch. “We We are hiring in North America and raising growth capital at the moment,” Mitchell […]. Payments software provider Episode Six will launch in the U.S.

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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society

PYMNTS

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts.

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Cedar Raises $102M For Medical Billing

PYMNTS

Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). In addition to $77 million in venture capital from the Menlo Park, Calif.-based

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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

Commission rates of 30 percent may fall by the wayside where cities and states have been limiting what DoorDash can charge on eateries. Washington state became an example late in November and joins New York City as well as New Jersey. billion valuation.

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