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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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Boston Fed Chief Warns Of US Credit Tightening; Calls For More Aid

PYMNTS

Without additional financial aid, all of these things could make it harder for both consumers and businesses to access credit, according to Boston Federal Reserve President Eric Rosengren. “I Some of the warning signs could be a rise in foreclosures and more business bankruptcies.

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

PYMNTS

Then the city of Boston told us we have a curfew of 10:00 p.m., That honors the 2015 passing of Boston hot dog cart owner Ezra “Speed” Anderson, Campbell’s friend. “A month or so ago, when we thought about this concept, we were planning to stay open till 1:00 a.m. like our liquor license tells us we can,” Campbell said.

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Toast heats up restaurant payments competition

Payments Dive

As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.

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Boston Market On Tapping AI To Combat Fraud And Meet Mobile Customers’ Needs

PYMNTS

One restaurant that is working to incorporate AI into numerous parts of its operations is Boston Market , a Colorado-based fast-casual chain that has 330 locations in 37 states. I’m very excited about what AI can do for restaurants, and we are looking at how it fits with Boston Market right now,” he said. “I

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Fed banks analyze consumer use of card promos

Payments Dive

New research from the Philadelphia and Boston Feds finds that consumers are cycling through low APR credit card offers.

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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.

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