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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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Facebook Opens New Boston Office

PYMNTS

Facebook , which is headquartered in Menlo Park, California, opened a new office this week in Boston. Although the company is based in California, Facebook Founder Mark Zuckerberg famously attended Harvard and started the site there.

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Today In Payments: Apple Seeks Punitive Damages Against Epic; Boston Telemedicine Company Amwell Prices IPO

PYMNTS

After Epic Games asked a California judge to reinstate Fornite in Apple’s devices, Apple has filed a counter-lawsuit accusing Epic Games of greed and deceit in the fight over the iPhone maker’s App store. Boston Telemedicine Company Amwell Prices IPO. Apple Seeks Punitive Damages In Battle Against Epic Games.

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Cannabis Startups Expected To Boost Warehouse Rents In Boston, L.A.

PYMNTS

Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. California and Massachusetts will begin allowing residents to purchase recreational pot — not just medicinal marijuana — making the states especially attractive to entrepreneurs.

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SVB to pay $900 million for Boston Private

American Banker

The California company, which focuses on technology companies and entrepreneurs, will make a big push into wealth management as part of the proposed acquisition.

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Former eBay Employees Charged In Cyberstalking

PYMNTS

Six former eBay employees have been charged with cyberstalking a Massachusetts couple who publish a newsletter that company executives viewed as critical of the California eCommerce corporation, according to a press release from U.S. Attorney Andrew Lelling in Boston.

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HomeStreet to Buy Calif. Branches from Boston Private

American Banker

billion-asset company said in a press release Tuesday that it will buy two branches in the California markets of Granada Hills and Burbank from the $7.3 billion-asset Boston Private Financial Holdings in Boston.

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