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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.

Boston 186
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Boston Startup Nift Raises $16.5M for Business Gift Cards

Bank Innovation

Boston-based startup Nift has raised $16.5 The company, which announced its funding round last week, allows its business clients to provide their customers with a “special” […].

Boston 249
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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Truepill , an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. The San Mateo, California-based company said the cash will be used to introduce an at-home lab testing platform. 9) that it closed on a $75 million Series C funding round.

Company 184
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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

PYMNTS

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.

Online 272
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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 As a result, SoFi has a lot of so-called enemies out there that it competes against, including many of the biggest, best-known financial companies in the world.

Capital 150
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .”

Online 108
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Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO

PYMNTS

17) in an announcement that it has raised $180 million in new investments, which push its valuation to $7 billion and come in advance of what the company stated is a “potential initial public offering” (IPO). The online food delivery market is nascent and underpenetrated. Durable Capital Partners is based in Chevy Chase, Maryland.

Maryland 181