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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. to provide its dispute management solutions to the latter’s security platform.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

The COVID-19 pandemic is taking a tremendous toll on communities across America,” Brainard said. Brainard added that instant payments must reach a broad swath of Americans, including gig economy workers, people who are “tightly managing cash flows” and underbanked populations. In a Thursday (Aug.

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92% of Bank of America’s private bank clients use digital options

BankInovation

trillion Bank of America, said Thursday at the BancAnalysts Association of Boston Conference. The private bank has the “highest level of digital across the entire company,” Jeff Busconi, head of private bank services at the $3.1 Our clients want […]

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Does Virgin America Sale Help Or Hinder Discount US Airfare?

PYMNTS

As one 29-year-old Silicon Valley marketing manager and former frequent Virgin flyer told The New York Times : “I think of [Virgin] as a young, hip airline. Virgin America was far from offering the lowest domestic fares on the continent. The number represents the lowest average domestic fare since 2010, adjusted for inflation.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

AvidXchange processed more than $120 billion of invoices and payments across its network of more than 500,000 suppliers in 2018, transforming the way 5,500 customers in North America pay their bills, according to its website. percent through 2028, according to Boston Consulting Group. The company announced on Thursday (Dec.

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First-Class Perks Include VR Tech On Alaska Air

PYMNTS

The program makes Alaska Air the first airline in North America to trial the technology as an inflight entertainment device. Alaska Airlines announced that is partnering with French company SkyLights to pioneer a new virtual reality (VR) headset for its first-class passengers.

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The Week In Happiness: Brought To You By Dancing Robots

PYMNTS

America did not have a good week. Sadly, we don't live in a perfect world – but the world we do live in managed to cough up a pretty good consolation prize. In it, a series of Boston Dynamics robots definitively answer the question: Do you love me, now that I can dance? COVID-19 is on the rise. The answer, incidentally, is yes.

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