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Boston Market Deploys AI To Fight Fraud, Improve ROI

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The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions. The November Mobile Order-Ahead Tracker® explores the impact of AI and how eateries are using the technology to ease their operations, personalize customer offers and fight fraud.

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COVID-19 Pivot: Boston Restaurateur Turns Idle Space Into Cozy Money Maker

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Like restaurant owners and operators everywhere, restaurateur Chris Campbell of Boston’s Troquet on South has found the past eight months to be full of challenges. Then the city of Boston told us we have a curfew of 10:00 p.m., That honors the 2015 passing of Boston hot dog cart owner Ezra “Speed” Anderson, Campbell’s friend.

Boston 268
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B2B Investors Set Sights On Data, AI, Analytics

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Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank. Wise Systems.

Analytics 176
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Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

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Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. These are the top stories in retail for Tuesday (Nov.

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How Spend Tools Feed Food Banks’ Need For Accountability

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Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141
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The Shelby Group, Equiteq Team Up On Investment

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Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group , an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners , according to a press release.

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Toast Raises $101M In VC Funding; To Hire 1,000 Workers

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Toast, a Boston tech startup that develops point-of-sale software for restaurants, raised $101 million in a venture capital (VC) funding round. According to a news report , the funding round was led by Generation Investment Management, a firm co-founded by former Vice President Al Gore, and New York-based Lead Edge Capital.

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