Tag: Square

Harvard Square Businesses Reckon with Fewer Customers on Campus | News

Weeks into the fall semester at Harvard, businesses in Harvard Square are grappling with a significantly smaller customer base.

The start of the school year typically marks the influx of thousands of students into Harvard Square, but this year the University is welcoming just roughly 25 percent of undergraduates back to campus.

Adam DiCenso, the owner of Pinocchio’s Pizza, said the fall typically brings a surge in customers to his restaurant.

“Years past, under sort of, quote unquote, normal circumstances, we would go from July being relatively quiet and then September, when all the undergrads would come,” he said. “We would get absolutely steamrolled with business.”

“That didn’t happen this year,” he added.

Duncan Browne, director of field operations and business administration for Newbury Comics, also said the start of the fall semester is usually a very busy time.

“Late August and September, historically, for us, has always been a

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Times Square, Grand Central and the Laws That Build the City

Designers design buildings. Engineers engineer them. But the law is New York’s foundational architect and building block.

Before plans can be drawn up and construction crews can start jackhammering, legislators, lawyers, public representatives and planners decide how streets and buildings will be configured, the different ways they can be used and occupied, not to mention when and by whom.

The half mile or so between Times Square and Grand Central Terminal along 42nd Street, the heart of Midtown Manhattan, is ordinarily stoked by commerce and commuters. Its daily life, architecture and economy have taken shape over the years in no small measure as a consequence of legislative and political maneuvers, legal squabbles, regulations and court decisions.

This is the latest in a series of (edited, condensed) walks around the city. Jerold S. Kayden teaches law and urban planning at the Harvard Graduate School of Design, where he holds a chair

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Forbes Announces First-Ever Small Business Summit, Presented By Square

Speakers include Sheryl Sandberg, COO, Facebook; Cory Booker, U.S. Senator (D-NJ); Tim Armstrong, Founder & CEO, The DTX Company; Katia Beauchamp, Co-Founder & CEO, BirchBox; Rebecca Minkoff, Designer; and Carla Harris, Vice Chairman, Morgan Stanley 

NEW YORKSept. 22, 2020 – Forbes, in partnership with Square, today announced the speaker lineup for the first-ever Small Business Summit, taking place virtually on September 25. This invitation-only event brings this together small business leaders with key business leaders, policymakers and serial entrepreneurs for actionable insights, workshops, and discussions on the issues that matter most to the more than 125 million small businesses worldwide.

Speakers include:

  • Tim Armstrong, Founder & CEO, The DTX Company, Former CEO of Oath and AOL
  • Katia Beauchamp, Co-Founder & CEO, BirchBox
  • Cory Booker, U.S. Senator (D-NJ)
  • Jovita Carranza, 26th Administrator, Small Business Association
  • Alda Leu Dennis, General Partner, Initialized Capital
  • Kenny
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Value Of Visa, PayPal, Square And Mastercard $1T

The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC.

Between Square, Visa, PayPal and Mastercard, the valuation is currently sitting at $1.07 trillion, against the “big six” banks — J.P. Morgan, Bank of America, Wells Fargo, Citigroup, Morgan Stanley and Goldman Sachs — which have less than $900 billion between them, CNBC reported. The banks’ shares have taken a hit as of late with low interest rates and fears of spiking loan defaults amid the pandemic.

The ETFMG Prime Mobile Payments ETF, tracking mobile payments stocks, has seen a 10 percent jump this year. The Financial Select Sector SPDR Fund, meanwhile, has fallen almost 20 percent, CNBC reported.

The surge in value for FinTechs comes this year amid the pandemic, with tech companies being the darlings

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Digital payments reach Falkland Islands as Square and MasterCard connect – Payment

Julie Halliday at Studio 52 gets to grips with Square (Image: Square)

Julie Halliday at Studio 52 gets to grips with Square (Image: Square)

Small business and ecommerce entrepreneurs on the Falkland Islands are set to be able to take digital payments following an agreement between Square, Mastercard and the Falkland Islands Government.

 

The Falkland Islands lie 8,000 miles from London in a remote and beautiful location where penguins outnumber people by more than 100:1. To date, many of the Islands’ businesses have been cash-only. Banking and compliance issues made it difficult, and sometimes impossible for small businesses to sign up for merchant accounts to accept cards – and to get those funds settled into their bank account.

 

On top of that, card payment machines were difficult to install and maintain in such a remote location.

 

With only one cash machine and bank branch on the Islands, residents and the tens of thousands of annual tourists alike were feeling the burden of

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Square, Mastercard To Power Falklands’ Payments

Falkland Islands businesses have leaped forward in their digital banking capabilities under a recent partnership, which was announced on Tuesday (Sept. 8) as part of London Tech Week.

Square and Mastercard are offering their services to the country’s merchants under the three-way deal, which also involves the islands’ government.

“Connecting the Falklands (solves) one of the greatest challenges facing the islands’ small and medium-sized businesses: accepting card and digital payments,” stated a news release announcing the arrangement.

Among the points noted in the news release: The Falklands are 8,000 miles from London and penguins outnumber people by 100:1 there; the islands have only one ATM and one bank branch.

It has proven difficult for local merchants seeking to expand beyond cash-only transactions, amid regulatory hurdles and distance-related challenges for card machine installation and maintenance.

Under the new arrangement, the release states, “Mastercard connected

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Square and Mastercard bring card payments to the Falkland Islands

Square and Mastercard are partnering with the Falkland Islands government to deliver expanded possibility of card payments as part of their ‘Connecting the Falklands’ initiative Square and Mastercard bring card payments to the Falkland Islands image

A cash-only economy has long proven a challenge for many businesses on the island.

Launching today during London Tech Week, Square and Mastercard will work with the Falkland Islands government to help small and medium-sized businesses on the islands to overcome the long-standing challenge of accepting card and digital payments.

The ‘Connecting the Falklands’ scheme came about when Mastercard connected the Falklands government to card payments provider Square.

From here, the three bodies have looked to help sellers to access the bank accounts needed for payment settlements, as well as onboarding them onto Square’s ecosystem with mobile Square Readers. These allow them to take card and digital payments, as well as integrate Mastercard technology.

In addition, Square hasn’t held sellers to monthly or long-term subscriptions,

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Square Mile taps Octopus Investments for business development hire

Square Mile has nabbed Sally Boyle from Octopus Investments abusiness development director. 

The research and consultancy group said Boyle (pictured) will provide senior-level support in developing and strengthening Square Mile’s relationships with IFAs and report to commercial director Steve Kenny. 

Boyle joins from Octopus Investments where she has spent the last decade in a variety of roles, including head of marketing and most recently a sales director for the north and southeast of England. 

Prior to that Boyle worked in publishing within the commercial operations of hedge fund magazine HFM Week. 

Square Mile managing director Richard Romer-Lee said the global pandemic has shone a light on the importance of nurturing strong business relationships and effective client outreach. 

Sally’s appointment is a clear demonstration of our focus on excellence in this area,” he said.  

As Square Mile looks to the future and the continued growth

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COVID’s suffocating grasp is choking businesses in Cambridge’s Central Square

“I’m wondering whether or not I can survive,” he said last week. “Right now I’m just hoping and praying.”

Adelson has a lot of company in his worries. Central Square, home to an eclectic array of shops, and before the pandemic, a bustling restaurant and nightlife scene, is in many ways emblematic of the devastation the coronavirus has wrought on small businesses across the region and country — and of the way the virus’s suffocating grasp has spread into the most vibrant neighborhoods.

“We’re all worried,” said Cambridge Mayor Sumbul Siddiqui recently of what kind of Central Square will emerge from the pandemic.

Date spot Cuchi Cuchi called it quits in May after 19 years. The Field, a popular, no-frills Irish pub on Prospect Street, made it 25 years before closing in July.

Customers browse at Rodney's Book Store, which has been in the square for 20 years and will close on Oct. 31.
Customers browse at Rodney’s Book Store, which has been in the square for 20 years and will
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