article thumbnail

Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

Boston Market On The Fraud-Fighting, Customer Service-Enhancing Power Of AI. Bad actors are eager to capitalize on eateries’ strained resources during the pandemic and blend in with the influx of consumers migrating to these new channels. For more on these stories and other mobile order-ahead headlines download this month’s Tracker.

Boston 186
article thumbnail

Higher Costs Loom For SMBs Post-Brexit

PYMNTS

There could be billions more in new capital requirements, which means that lending (and thus, borrowing) may become more expensive. The projections come from a Boston Consulting Group and Clifford Chance study, and at least some of those costs will be borne by end customers. s severance from the EU becomes reality. percent and 3.3

Boston 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

PYMNTS

More than two-thirds of marketers are still failing to capitalize on this outreach method, however, spotlighting a massive missed opportunity. The PYMNTS Digital Consumer Onboarding Tracker® , a partnership with Melissa , examines the latest KYC, digital onboarding and online verification news and trends. About The Tracker.

Online 272
article thumbnail

Walmart Wants To Add $250 Billion In US-Made Products By 2023

PYMNTS

Harold Sirkin, senior partner and managing director at the Boston Consulting Group, who presented a forum on U.S. manufacturing trends and insights, said that you are starting to see manufacturing jobs returning to the U.S. because the cost to produce goods in China has “risen dramatically” over the past several years. “To

US 113
article thumbnail

2017 Has Now Seen 4 Of New York’s Top 10 VC-Backed Tech Exits

CB Insights

See the companies, investors, and trends shaping tomorrow’s disruptors before anyone else. MongoDB, which provides database management services, is backed by investors including Union Square Ventures, Sequoia Capital, New Enterprise Associates. & Boston, here. valuation reached in 2015 after MongoDB raised its Series G.

article thumbnail

VCs Doubled Their Investment In This Tech Last Year

CB Insights

Download the CB Insights and PwC MoneyTree Report to see the data behind the trends. In second place was Massachusetts, with 13 deals worth $247M — including Boston-based DataRobot’s $100M late-stage mega-round, which was backed by DFJ Growth Fund, Intel Capital, and New Enterprise Associates.

article thumbnail

Barclays Supports Circle Social Payments App

PYMNTS

Circle is a Boston-based startup that has major VC backers, along with big banks like Goldman Sachs and Digital Currency Group as an investment firm backer. Circle was officially granted an e-money license by the U.K. watchdog group, Financial Conduct Authority. Circle’s decision to launch in the U.K.

Payments 100