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Massachusetts Throws Daily Fantasy Sports A Bone

PYMNTS

The Boston Globe reported that Massachusetts decided Friday (March 25) to establish a set of regulations that would allow Boston-based DraftKings and FanDuel to continue to operate within the state. The latest development, however, seems to fall in favor of the pro-daily fantasy sports camp.

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Ex eBay Execs Admit To Cyberstalking Plot

PYMNTS

In June, six former eBay employees were charged with cyberstalking a Massachusetts couple who publish a newsletter that company executives viewed as critical of the California-based eCommerce corporation. Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S.

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NEW REPORT: SMBs Bet On PaaS Solutions To Take On Online Giants

PYMNTS

Facing a downturn in customer foot traffic and fierce competition from major online players like Amazon, some physical retailers are now turning to Payments-as-a-Service solutions as a way to level the playing field by improving the customer experience.

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NY Man Gets Jail Time For $390K Card Skimming Scheme

PYMNTS

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

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 survey also found that about 20 percent of respondents reported switching to paying online or over the phone for items from restaurants and big-box stores.

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Today In Payments: California Proposes Financial Watchdog; Germany Launches Investigation Into Amazon

PYMNTS

The Federal Reserve is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing a digital currency. At the center of it all: online gaming, and the way we access the latest popular diversions (or don’t). Fed Exploring ‘Hypothetical’ Digital Currency With MIT.

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Avidia Bank On The Digital Approach To Meeting Customers', Businesses' Needs

PYMNTS

One FI navigating pandemic-related challenges is Massachusetts-based Avidia Bank , which was founded in 2007 and currently has $1.9 Avidia — like other banks around the world — has been forced to make numerous changes to its brick-and-mortar and online services to provide proper safety precautions while serving customers. “The

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