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Boston Startup Nift Raises $16.5M for Business Gift Cards

Bank Innovation

Boston-based startup Nift has raised $16.5 million in a Series A to fund its platform for “business gift cards,” a way for local businesses to drive customer engagement by providing gift cards to their consumers.

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COVID-19 Pivot: Boston Restaurateur Turns Idle Space Into Cozy Money Maker

PYMNTS

That “something a little more useful” is a cozy new watering hole called Offsuit, which opened last week under strict state and local regulations concerning hours, seating and food requirements. “A Then the city of Boston told us we have a curfew of 10:00 p.m., like our liquor license tells us we can,” Campbell said.

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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions. Boston Market On The Fraud-Fighting, Customer Service-Enhancing Power Of AI. For more on these stories and other mobile order-ahead headlines download this month’s Tracker.

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Facebook Opens New Boston Office

PYMNTS

Facebook , which is headquartered in Menlo Park, California, opened a new office this week in Boston. The company had kept a small presence in Boston, in a small space by a Dunkin Donuts in South Station, and grew to about 200 employees working on projects like a Wi-Fi finder and the safety check feature.

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What Famed Boston Eatery Petit Robert’s Owner Sees As Restaurants’ Future

PYMNTS

Boston’s Petit Robert Bistro , one of the city’s fanciest French restaurants, started 2020 with expectations that were anything but small. So far, it looks like the eatery will pull through — thanks to support it’s received from the local community to make a successful transition from fine eat-in dining to carryout and delivery.

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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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Amazon Same-Day Delivery Expands In Boston

PYMNTS

While there was more conjecture than proof behind Amazon’s apparent decision to exclude a Boston neighborhood from its same-day delivery service, the issue appears to be off the table now. We are actively working with our local carrier to enable service to the Roxbury neighborhood in the coming weeks. “Zero.”

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