Abrigo

APRIL 2, 2025

But customer expectations are shifting toward instant transactions, and new and less familiar payment technologies are gaining traction. The use of new technology like generative AI in fraud scams has made deceptive communication even more difficult for unsuspecting customers to detect.

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South State Correspondent

APRIL 1, 2025

Personalization : A Boston Consulting Group survey detailed that 80% of consumers are comfortable, and now expect, some level of personalization. Conclusion As marketing technology continues to evolve, banks are constantly seeking innovative ways to enhance customer communication.

Marketing 195

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PYMNTS

DECEMBER 7, 2017

Lyft has started its self-driving car pilot with the self-driving car company nuTonomy , matching its riders with autonomous vehicles in parts of Boston. nuTonomy made the announcement that passengers in Boston’s Seaport district will experience self-driving rides on the Lyft network in nuTonomy vehicles.

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Bank Innovation

OCTOBER 22, 2018

Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the Aspen Institute in Boston on Oct. But no single […].

Boston 186

Boston Big Data Fintech Conference 186

Bank Innovation

JUNE 21, 2016

As part of a broader digital-first strategy, Radius Bank partnered with Gradifi, a Boston-based startup, to launch a new MasterCard debit card that will help members reduce student loans. The new debit card will be available in the fall, the company said this morning. Here’s how it works: costumers will Read More.

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PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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Boston Massachusetts Knowledge Base Policies 269

PYMNTS

MAY 13, 2020

But in a collaborative effort with Flywire , Citi Commercial Bank is working to accelerate these transactions for Boston-area hospitals that need equipment fast. Citi and Flywire are putting their decade-old partnership to a new use in an initiative with The Boston Foundation , a community foundation connecting nonprofits to funding.

Boston 204

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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.

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PYMNTS

AUGUST 14, 2020

A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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San Francisco Boston Policies Massachusetts 283

BankInovation

APRIL 19, 2022

State Street Bank spent $423 million on technology and communications in the first quarter, up 5% year over year but down 3% from the Q4 2021 as the Boston-based bank continues to focus on tech infrastructure.

Technology 98

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PYMNTS

AUGUST 29, 2020

Cars are getting technologically impressive, but they don’t fly as of yet. Well, there are lots of technological limitations in the field, and it turns out that consumers aren’t all that into robots anyway. Although they look kind of dog-like, they’re actually quadruped robots designed by Boston Dynamics and leased by Ford.

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PYMNTS

NOVEMBER 23, 2020

The technology enables more intelligent decisions when it comes to identifying and predicting fraud by providing a meta analysis of attacks, allowing QSRs to create fraud profiles and determine where threats may be located.

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PYMNTS

JANUARY 21, 2020

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. Clover started with one food truck and it now has 12 restaurant locations throughout the greater Boston area.

Technology 130

Technology Massachusetts Mobile Boston 130

PYMNTS

SEPTEMBER 25, 2020

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed, of course, is hardly alone in mulling digital fiat currencies.

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Cleveland Massachusetts Boston Survey 330

PYMNTS

OCTOBER 13, 2020

The partnership with LevaData comes as Boston-based Bain, through its supply chain management consulting practices, works with companies looking to digitalize their supply chain network. LevaData’s cognitive platform is delivering the future of supply management to sourcing and NPI teams,” said David Schannon, partner at Bain & Company.

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Perficient

JULY 8, 2020

Recently, Built In Boston , a well-known online tech community, profiled our own Vice President of People, Andrea Lampert, SPHR, to get her take on how companies can continue to build a culture while working remote that will last for the long-term.

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PYMNTS

OCTOBER 9, 2020

The worldwide COVID-19 pandemic has accelerated cashless payments and highlighted the impact of technology on how money is exchanged, Jon Cunliffe , deputy governor at the Bank of England (BoE) and chair of a BIS committee on payments, said in a Reuters report on Friday (Oct. The Fed also launched an instant payment initiative in August.

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Perficient

JUNE 26, 2020

I recently got to virtually meet with associate technical consultant, Tom Phillips , to hear about his journey into the technology field. Tom originally went to school for music at Berklee College of Music in Boston (not the only consultant in the music scene ). Migrating From Music to Coding.

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PYMNTS

FEBRUARY 17, 2020

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Bostonians take their running seriously.

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Bank Innovation

MARCH 17, 2017

Boston-based money transfer firm Flywire has launched a new offering, targeted at international business-to-business (or B2B) payments. The fintech will enable faster settlement between businesses, seeking to make those transaction “local.”

Boston 191

Boston Payments Fintech Online 191

PYMNTS

JUNE 19, 2020

The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I

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Boston Massachusetts Innovation Course 174

PYMNTS

DECEMBER 24, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . But as with any nascent payments technology, the bad guys are always lurking – especially with cryptos, where anonymity is prized.

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PYMNTS

MAY 6, 2020

Montgomery, Federal Reserve Bank of Boston first vice president, in a statement. The FedNow Community will help influence FedNow Service design and our development roadmap by providing input on desired service features, technology and implementation plans.”. toward faster, digital payments.

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PYMNTS

FEBRUARY 20, 2020

Innovations in 3D and augmented reality (AR) eCommerce are leveling the playing field and bringing conversion-centered visual technology to any online retailer. Future visual tech is coming to eCommerce in the form of 3D imaging, AR applications and virtual reality (VR) technology. Retailers are making the technology available.

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PYMNTS

NOVEMBER 6, 2018

And over the next two years, Boston will introduce a new fare payment system, including contactless options. Mastercard Transit Solutions — along with the company’s banking and technology partners — offers cities a contactless or mobile payment option so they can provide better a experience for riders.

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PYMNTS

NOVEMBER 26, 2018

Cubic said that some of the contactless technology , software and equipment developed for Sydney will be in Cubic projects that will be rolled out over the course of the next few years in cities such as New York, Boston, and San Francisco. That is being made possible by recent contract wins by the company.

Training 182

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PYMNTS

JUNE 23, 2020

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

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PYMNTS

APRIL 8, 2020

Based in Boston, Toast provides POS technology that helps eateries maneuver from dine-in to takeout. Founded in 2012, Toast helps new and upscale restaurants update their technology. Many restaurants that have temporarily closed may never reopen.”. But the company said it “took a huge revenue hit” when eateries shuttered.

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PYMNTS

JUNE 27, 2017

billion acquisition of Whole Foods , it may be safe to assume that merchants in the retail space will follow Amazon’s integration of more technology into the in-store experience. Forty-five percent of retailers are planning to use AI in the next few years, according to the latest research from Boston Retail Partners.

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Boston Retail Customer Experience Seattle 155

PYMNTS

APRIL 4, 2018

are in areas such as New Jersey, Boston, Pittsburgh and Philadelphia. According to reporting from technology news source Recode , that means these firms need large tracts of industrially zoned land near major cities — something that is not easy to come by. However, some of the oldest warehouses in the U.S.

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PYMNTS

APRIL 4, 2019

Boston Children’s Hospital has long believed that voice technology has the potential to substantially improve the healthcare experience for both consumers and clinicians,” said John Brownstein, chief innovation officer of Boston Children’s Hospital.

Boston 151

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PYMNTS

NOVEMBER 24, 2020

Record sales following a massive staff reduction prompted point-of-sale (POS) restaurant technology (ResTech) startup Toast to hold a share purchase offering on an $8 billion valuation. The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 A Toast spokesperson told CNBC on Tuesday (Nov.

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PYMNTS

MARCH 22, 2019

From mobile ticketing to digitizing commuter cards and enabling contactless payments, Mastercard has already embedded its technology in 16 metro areas including Los Angeles, Boston and Denver to make getting from Point A to Point B as simple as buying a morning cup of coffee,” the company said. merchants and acceptance at Mastercard.

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PYMNTS

APRIL 28, 2020

And in those cases, Jonathan Parker, an economist at the Massachusetts Institute of Technology, told the Boston Globe , the attempt was pretty successful. Next year’s budget is a mystery, she told the Boston Globe – which meant when her stimulus funds arrived, they went straight into rainy-day savings. .

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Boston Survey Massachusetts Report 215

PYMNTS

APRIL 1, 2020

Based in Newton, Massachusetts, Paytronix is offering its self-service online ordering setup for free for six months to customers of Toast , which specializes in restaurant technology, notably point-of-sale (POS) systems for restaurants. At the time, Paytronix said the funding was to jump-start growth.

Online 150

Online Boston Massachusetts Software 150

PYMNTS

SEPTEMBER 24, 2020

The funding initiative is being led by existing investors Great Hill Partners LP, the Boston-based private equity firm, Eight Roads Ventures, the global venture capital firm based in China and.406 406 Ventures, the Boston venture capital fund. MineralTree Inc.,

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Company Atlanta Boston Software 169

PYMNTS

DECEMBER 29, 2016

A paper published by Boston Consulting Group (BCG) described today as a critical moment in banking history as players face pressure from alternative players and corporate clients that demand newer, better services. One thing’s for certain: Corporate banks everywhere need to embrace technology. Fraud Prevention Remains Paramount.

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