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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

A more precise definition of generative AI is included in the Biden Administration’s recent Executive Order , which defines generative AI as “the class of AI models that emulate the structure and characteristics of input data in order to generate derived synthetic content.

Examples 221
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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

Quick-service restaurants (QSRs), fast casual eateries and fast-food drive-thrus keep dominating headlines throughout the pandemic as a nation is understandably obsessed with staying fed on lockdown and after, when breathing the open air still feels oddly risky. In New York City, still considered the epicenter of COVID infection in the U.S.

Boston 205
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Payment Rails Present Many Paths To B2B Payments Optimization

PYMNTS

That is definitely the secret sauce, relative to speed and ease of integration, because corporates can disburse payments digitally and reconcile them through their systems as though they sent a check,” said Reed. Fed Forms FedNow Community. Collaborators Develop New B2B Payment Rail In Pakistan.

Payments 130
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The Stats of Summer

PYMNTS

Spring is about renewal, the holiday season is about family and friends, and later winter (in Boston, anyway) is filled with the gnawing anxiety that it might never ever get above 40 degrees Fahrenheit again. Since The Times’ definitive article on the high costs of summer in 2012, the cost of summer has gone up quite a lot.

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Can SMBs Avoid Being Left Behind In The Great Digital Shift?

PYMNTS

In the face of widespread closures, consumers still had commerce needs that needed filling, and being the only available game in town has definite advantages. According to forecasts from the National Restaurant Association, 100,000 restaurants will close this year, doubling the 50,000 closures that typically happen in an average year.

Retail 220
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46 Corporations Working On Autonomous Vehicles

CB Insights

Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. It then also became the first to test such technology on public streets in Boston, Massachusetts. SB Drive focuses on advancing self-driving technology, especially related to public and community services such as buses.

System 78
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242 Startup Failure Post-Mortems

CB Insights

We are confident that to truly have the long-term impact we want to make, we need to focus on finding an acquirer with an existing national fresh food supply chain who can carry forward the Juicero mission. Imzy was created by former Reddit employees Dan McComas and Jessica Moreno as a safer, friendlier version of the popular community site.

Company 78