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Former Toast Executive To Lead Growth Push At Lunchbox

PYMNTS

The New York-based omnichannel restaurant platform announced Monday (June 22) it had hired Kabakoff as vice president of solutions. In her new role, Kabakoff will oversee Lunchbox’s “go-to-market strategy” aimed at giving restaurants an alternative to third-party ordering sites.

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Fintech Funding: Teampay raises $47M in Series B funding round

BankInovation

The New York-based fintech is a spend management platform that allows companies to request, approve and track expenditures in real time, according to Crunchbase. Teampay will use the funding toward advancing its go-to-market strategy, expand its workforce and prioritize its recent partnership […].

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Straight Outta Yale: Recent Grads Create New Beverage Product Line

PYMNTS

The product and marketing plan were locked early in the year. The plan was to use the summer for sampling in some of the summer hotspots like Montauk, New York and the beaches near Los Angeles, where some of the team members are now located post-graduation. She may also play a role in the marketing as a content creator herself.

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Widening Borrower Protection’s Scope To SMBs

PYMNTS

But according to Pat MacKrell, president and CEO of New York-based small business lending firm Pursuit , the online alternative lending market has gotten good at hiding the true cost of financing from SMBs. At the state level, New York Governor Andrew Cuomo signed legislation in August to curb the use of confessions of judgment.

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What Banks and Businesses Can Learn from New York’s Yellow Cabs

Long Lasting Ideas

Consider New York City’s iconic yellow taxis and the pricey medallions cab owners must have to join a crowded, competitive public transportation market. For non-New Yorkers, here’s a primer on how the city’s taxi. medallions issued by the New York City Taxi and Limousine Commission, it is. medallions work.

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PayPal Launches Virtual NYC Shopping Platform

PYMNTS

Earlier this year, consumers were able to use the service to shop the Melrose Trading Post , a Los Angeles flea market, from any location. PayPal will launch the holiday version of Local Selects in New York. People who take part in the livestream will be able to purchase gifts from the market with just a few taps.

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Fired Deutsche Staff Retained Access To Bank Systems

PYMNTS

Former traders in London and New York offices retained system access and access to their emails for several weeks after they were fired on July 8. The news outlet noted that the potential security mistake comes as Deutsche Bank readjusts its market strategy in a major restructuring.

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