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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

Payment protection platform Verifi has partnered with digital fraud protection firm Kount Inc. Integrating Verifi’s solutions will allow Kount’s fraud prevention and identity platform to offer restaurants and businesses near-instant payment protection. Boston Market On The Fraud-Fighting, Customer Service-Enhancing Power Of AI.

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

PYMNTS

Boston Telemedicine Company Amwell Prices IPO. Amwell, the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note.

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Visa: US Contactless Payments Primed For A Big 2020

PYMNTS

When Visa launched a contactless payments pilot with New York’s Mass Transit Authority (MTA) seven months ago, the company started small, and with modest goals. This “public pilot” made contactless payments available on a few train lines, and only at 16 stations, including Grand Central Station and Union Station. Yesterday (Dec.

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Credit Card Payments With Pedals

PYMNTS

But when it’s time for payment, the smooth sailing can sometimes get abruptly choppy. Traditionally, bike taxis accept only cash payments, which creates a significant barrier to entry for many potential customers. That’s why many pedicab companies and drivers are increasingly embracing mobile payment acceptance solutions.

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

It uses payment data, location data, unique customer data and digital identifiers to detect fraud in real time. As the Mobile Order-Ahead Tracker® states, “AI can be leveraged to analyze and tally credit card transactions similar to how banking transactions are examined. This establishes identity trust or risk in real time.

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Facebook And Google Payments Efforts Top Week’s News

PYMNTS

Welcome to the PYMTS Weekender, where we recap the week’s biggest development in payments and commerce. This edition includes news about Facebook’s new payments push, Amazon’s new robotics plan and why Google is working more closely with financial institutions. Facebook Launches ‘Facebook Pay’ For Cross-App Payments.

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Chargeback Fears Prompts Delay Of Merchant Funds

PYMNTS

In an email, Square told Tamara Hudson , Bluebonnet’s owner, the decision was based on the fact that she works in an industry where payment disputes are common, and she hasn’t been using Square’s service for very long, the newspaper reported. Hudson told WSJ she plans to drop the company.