article thumbnail

Massachusetts Mutual To Buy FinTech RIA Platform Flourish

PYMNTS

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

article thumbnail

Massachusetts Files Suit Against Uber, Lyft On Drivers’ Status

PYMNTS

Massachusetts is the second state to declare that Uber and Lyft drivers should be deemed employees under state wage and hour laws, the Attorney General’s Office announced on Tuesday (July 14). . Attorney General Maura Healey’s Fair Labor Division has filed suit for declaratory judgment in Suffolk Superior Court against Uber Technologies Inc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OK, but the end of cash must be in sight? #coronavirus

Chris Skinner

Last week, MIT (Massachusetts Institute of Technology) issued their top ten technologies for the next decade, one of which is digital money: Unhackable internet Hyper-personalized medicine Digital money Anti-aging drugs AI-discovered molecules Satellite mega-constellations Quantum supremacy Tiny AI Differential privacy Climate change attribution This (..)

article thumbnail

Adopting Technology Without Eclipsing Human Interaction

PYMNTS

Quick-service restaurants (QSRs) are intensely competitive and have very little margin for error, causing many to employ technologies such as mobile apps and self-service kiosks. The technology displaces labor and brings consistency to the customer experience, he explained, noting that kiosks are ideal for more introverted customers.

article thumbnail

Gas Payment Solution PayByCar Launches In Massachusetts

PYMNTS

“We chose the MetroWest area to launch this new technology — and Westborough, MA specifically — because the community matches our target market demography. PayByCar gives them use of a proven and familiar technology in a completely new way,” said Anand Raman, president and COO of PayByCar, in a press release.

article thumbnail

Sen. Warren calls for increased safeguards in stablecoin legislation

American Banker

In a letter to Treasury Secretary Janet Yellen last week, the Massachusetts senator highlighted the growing use of cryptocurrencies by malicious organizations abroad and underscored the need for anti-money-laundering and counterterrorism provisions in future proposals.

article thumbnail

Google, Amazon Tech Help States Handle Jobless Claim Boom

PYMNTS

In addition, Google is using its cloud technology to upgrade the state agencies’ website capacities and automate the claim-filing process, he added. Amazon’s technology has helped Rhode Island launch programs efficiently, state officials told the news service. Google, a division of Alphabet Inc.,