PYMNTS

JUNE 23, 2020

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. First to test the infrastructure will be Siam Cement Public Company, which will adopt the technology for its procurement and supplier payments operations. And when it comes to legacy rails, the U.S. RTP Gains Community Bank Traction.

Fraud 266

Fraud Community Bank Virginia Community 266

Bank Innovation

MAY 24, 2019

Radius Bank, a one-branch Boston-based community bank with $1.2 As big banks try to win over customers with digital upgrades that resemble slick user interfaces from fintech startups, community banks are looking at new ways to keep pace with customer expectations. Many are seeing partnerships as the path to growth.

Community Bank 225

Community Bank Community Fintech Boston 225

Chris Skinner

MAY 18, 2017

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas. It’s a benchmark article showing how an incumbent giant finds it hard to adapt.

Omaha 277

Omaha Video Arkansas Boston 277

PYMNTS

APRIL 25, 2020

Robots – specifically the Boston Dynamics robotic dog, Spot – have a future as frontline medical responders, it seems. These days, Spot, now modified with a tablet for a “face,” can be found roaming the halls of Brigham and Women’s Hospital in Boston. The field test comes early in Spot’s life.

Boston 239

Boston Las Vegas Tools Examples 239

Bank Innovation

MAY 17, 2018

At the JPMorgan Technology, Media and Communications conference in Boston yesterday, Kelly said: Remember blockchain actually is not very good about facilitating low-value high-volume scale transactions, which is the core of what we do. […].

blockchain 199

blockchain Technology Boston Conference 199

PYMNTS

OCTOBER 6, 2020

The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began. cities, including Boston, Chicago, New York and Washington, D.C. Developments From The Order To Eat World. About The Tracker.

Report 237

Report Innovation Boston Chicago 237

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging. Some spend much more in cities like Boston, New York and San Francisco. Consumer for the end user.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

JULY 22, 2019

Had I been in town, I might have used Google to find a store near me in Boston that carried the brand I wanted so I could try before I bought. It was also a look, maybe for the first time for some, at what was then a real innovation in shopping. I was traveling at the time, so that shopping experience worked really well for me.

Innovation 170

Innovation US Maine Google 170

PYMNTS

SEPTEMBER 23, 2020

Such has been the case for Boston wine bar haley.henry , an eatery known for small plates, tinned fish and all-natural, small-batch wines shipped from all over the world. The pandemic has been fundamentally disruptive for restaurants, requiring rapid pivots — mostly on the fly.

Boston 266

Boston US Operations Company 266

Celent Banking

FEBRUARY 24, 2017

This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace. Operations and Risk. Legacy Transformation / IT Platform Innovations. Emerging Innovation.

Innovation 114

Innovation Boston Technology Management 114

PYMNTS

APRIL 4, 2019

Amazon also announced six new Alexa healthcare skills from healthcare providers, payors, pharmacy benefit managers and digital health coaching companies that are now operating in Amazon’s HIPAA-eligible environment.

Boston 151

Boston Management Innovation Technology 151

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. is arguably ground zero for open banking and, if investment flows are an indicator of where the FinTech-driven innovation will be, then the U.K.

Fintech 285

Fintech Data Regulation Innovation 285

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. Innovation by Any Other Name.

Regulation 181

Regulation Cards Boston Innovation 181

PYMNTS

DECEMBER 7, 2018

Another B2B startup operating in the data analytics space is Looker, which landed this week’s largest funding round. The new funding will go toward product development and operational expansion, reports said, with Looker aiming to help companies consolidate data across their siloed systems. Wise Systems.

Analytics 176

Analytics Data Capital Software 176

PYMNTS

AUGUST 3, 2017

Plain cake, glazed, chocolate dipped, Boston creme, powdered sugar and jelly was the standard line – with perhaps the occasional cruller or blueberry cake thrown in for exoticism. We felt it was going to cause a lot of chaos from the operations side.”. There was variety of course- but within limits. Moving To Mobile Payments .

Innovation 101

Innovation Mobile Michigan Ohio 101

PYMNTS

MAY 23, 2018

Wahlburgers, a family-friendly, fast-casual establishment serving signature burgers and drinks, operates in 17 locations in nine states as of September 2017. the restaurant’s burgers will arrive in grocery stores such as Shaw’s , The Boston Globe has reported. Through an agreement with beef supplier ARKK Food Co.,

Minnesota 157

Minnesota Boston America Branding 157

PYMNTS

APRIL 27, 2018

The restaurant, Spyce , is set to open this spring in central Boston. While the Restaurant Readiness Index revealed that QSR industry adoption of innovation has been spotty, kiosks were the one area where the best-performing and worst-performing QSRs were making advances. An earlier version was opened at an MIT cafeteria.

Innovation 105

Innovation Study Google Survey 105

PYMNTS

OCTOBER 12, 2020

It might also offer opportunities not possible with cash while supporting innovation.”. The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system.

Boston 233

Boston System Online Payments 233

PYMNTS

SEPTEMBER 30, 2018

Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. CNBC noted that operating profits at partner company FMR increased 54 percent in 2017 with revenue topping $18.2 Revenue was up 13.7

blockchain 164

blockchain Boston Technology Fintech 164

PYMNTS

APRIL 21, 2020

Halfway through the year, the company began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. GM said the decision came down to an evaluation of how the service was doing. Early in 2019, the head of Maven left her post.

New York City 140

New York City Boston Chicago Washington 140

PYMNTS

SEPTEMBER 17, 2018

This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. That would ignore the fact that there’s a huge swath of SMBs who operate just like him and bank at one of the 13,198 banks that have not yet connected to the Zelle network — lots of them very small.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

MAY 13, 2020

Atul Gawande will resign as Haven’s CEO to serve as chairman of its board of directors, the Boston-based organization announced on Wednesday (May 13). A search for a new CEO is underway while Mitch Betses, chief operating officer, manages day to day operations. s Optum unit.

Boston 130

Boston Policies Leadership System 130

PYMNTS

OCTOBER 19, 2020

More consumers mean more sales – and more sales means growth, expansion, jobs and prosperity for the business, its workforce and the local economy in which it operates. The owner of an upscale hair salon in Boston is an example of a business living this reality. Social proof can also work in reverse. Saving Main Street.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

JULY 6, 2020

Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. Over the past 50 years, the Wong family has been the owners and operators, constantly adding themed dining rooms and even a comedy club. It’s hard to miss. Kowloon can accommodate 1,200 customers. That part was relatively easy.

Massachusetts 230

Massachusetts Innovation United States Boston 230

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market.

Payments 244

Payments Boston System Operations 244

PYMNTS

DECEMBER 11, 2017

Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. The position means Montgomery will chair the Secure Payments Task Force, one of several task forces the Fed has formed to promote innovation and advancement in the industry.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

AUGUST 7, 2020

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. But she added that such innovation has raised “fundamental questions” about legal and regulatory safeguards. FedNow Will Augment Private Systems, Not Replace Them .

America 189

America Kansas City Payments Kansas 189

PYMNTS

JANUARY 17, 2020

CarGurus, an auto marketplace based in Boston, has acquired car shopping platform startup Autolist, according to reports. PistonHeads also still operates under its own brand name. “We Like CarGurus, Autolist is a technology company with a pioneering mindset, which makes them a great fit with our innovative culture.

San Francisco 130

San Francisco Boston Leadership Branding 130

PYMNTS

JULY 5, 2017

Its abundance in payments and commerce is what inspires innovators to challenge a friction-filled status quo and create something new. But none rose to the level of the seriously friction-filled experiences that might motivate a would-be innovator to quit her day job and give up her life to solve for it.

Boston 124

Boston Regulation Innovation Study 124

PYMNTS

SEPTEMBER 17, 2020

Earlier this year, as noted by PYMNTS , the bank said it “established a small in-house Innovation Lab as a way to strengthen engagement with, and understanding of, new and emerging technologies that are relevant to its policy and operational responsibilities.”

Policies 181

Policies Boston Examples ATM 181

Celent Banking

JANUARY 20, 2017

Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.

Case Study 100

Case Study Boston Innovation Massachusetts 100

PYMNTS

DECEMBER 11, 2018

In that instance, the venture firm has yet to turn a profit, and the investments/firms that it funded were not even expected to gain traction on top lines, let alone find their way toward showing black ink on the operating line. Perhaps easier said than done, because innovation needs development – and development needs cash.

blockchain 154

blockchain Boston cryptocurrency Capital 154

PYMNTS

JUNE 8, 2020

I look forward to working with the Paytronix team to bring its industry-leading innovation, including contactless ordering for table service … to markets around the globe,” said Porter. Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130

Industry Payments Austin Boston 130

PYMNTS

SEPTEMBER 17, 2020

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

Online 168

Online Indiana New York Nevada 168

CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

Innovation 74

Innovation San Francisco Technology Mobile 74

PYMNTS

DECEMBER 26, 2018

Treasury’s FinCEN and Federal Banking agencies issued a joint statement encouraging innovative industry approaches to combating money laundering, terrorist financing and other illicit financial threats. The financial industry has paid $321 billion in fines just through the end of last year, as estimated by Boston Consulting Group.

System 191

System Compliance eBook Examples 191

PYMNTS

OCTOBER 16, 2019

Fast food and quick-service restaurants (QSRs) are much more about mass production than customization, no matter how many personalized options those operations offer hungry consumers. Boston Market, for instance, is among the restaurant brands making their first forays into loyalty rewards. restaurant market. Granular View.

Data 134

Data Branding Boston Mobile 134