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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

Card network Mastercard and California-based AI and speech recognition company SoundHound have partnered to establish a voice-based, drive-thru solution for quick-service restaurants (QSRs). Boston Market On The Fraud-Fighting, Customer Service-Enhancing Power Of AI.

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Bank of America To Update Branches In Response To Customer Behavior

PYMNTS

Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. We have been very encouraged by the initial results of our center redesigns and expansions,” said Aron Levine, head of Consumer Banking and Investments for Bank of America.

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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

In this month’s feature story, PYMNTS caught up with vendors from Boston and San Diego to explore how mPOS is becoming increasingly critical to winning business at Pride events. Deep Dive: The State of mPOS in North America. While mobile wallet and contactless payment uptake is on the rise, some consumers are waiting on the hard sell.

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Visa: US Contactless Payments Primed For A Big 2020

PYMNTS

In addition to being one of the world’s top-10 tourist attractions, Grand Central Station is the third-busiest train station in North America. 11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards.

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Frictionless Payments And Top Mobile Banking Innovation

PYMNTS

In meetings and calls with analysts last week, executives from top banks such as Bank of America , JPMorgan Chase and Citi — along with payment companies such as Visa — explained how they are leveraging technology to drive innovation. Bank of America.

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

`As noted earlier in the fall , Cleveland Federal Reserve President Loretta Mester said in a speech that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Read More On Cryptocurrency: Bitcoin Daily: India Eyes Crypto Income Tax; Ripple Unloads $15.3

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Today, SoFi’s suite of products includes 11 different offerings including a no-fee bank and savings account, debit and credit cards, student loans, mortgages, investments, auto/life/homeowners/renters insurance, as well as lending and planning services for small businesses. Earlier this year, SoFi acquired payments firm Galileo for $1.2

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