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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

Smart move – but supervised machine learning is reliant on historical data, which means that by itself, this method might not catch the new or disguised attack types pouring in. It uses payment data, location data, unique customer data and digital identifiers to detect fraud in real time.

Mobile 289
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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

Las Vegas 130
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Data: Luxury Goods Sales May Drop 35 Pct This Year

PYMNTS

While sales fell 25 percent in the first quarter, the slowdown is expected to accelerate in the second quarter and could lead to an estimated contraction by as much as 35 percent for the year, said the Boston-based investment firm. Online luxury has remained resilient, while brand name stores and department stores have seen sharp drops.

Data 151
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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

T-shirts may seem like a simple product, but according to Spreadshirt, there is a ton of hard data and analytics at the core of even the softest shirt. Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6

Data 100
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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

PYMNTS

the Federal Reserve Bank of Boston said, “To date, U.S. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”. Access to APIs and the dynamic personalization enabled by open banking and data sharing are the new frontier in banking.

US 171
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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

We’re flying blind because we lack relevant data to build and then use the right frameworks to make confident, reasonable decisions that guide our businesses, and even our economy. Despite being inundated with data, we’re amazingly lost. We see evidence of this every day. Put on a Retail Happy Face. Simultaneously, U.S.

Big Data 135
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Meet The Location Data Company That, Literally, Put The Blue Dot On The Map

PYMNTS

Big Data is big business. That’s become pretty much gospel for brands, retailers and marketers alike. And one of the most valuable forms of data right now is behavioral data because it tells a retailer or brand where a customer or potential customer goes, does and spends their time and money on.

Data 100