article thumbnail

Boston Market On Tapping AI To Combat Fraud And Meet Mobile Customers’ Needs

PYMNTS

This shift has prompted many eateries to rely on emerging tools like artificial intelligence (AI) to better manage various aspects of their operations as consumers transact remotely. I’m very excited about what AI can do for restaurants, and we are looking at how it fits with Boston Market right now,” he said. “I

Boston 200
article thumbnail

Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

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.

Boston 186
Insiders

Sign Up for our Newsletter

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

article thumbnail

JPMorgan Chase To Buy Boston FinTech 55ip

PYMNTS

The release stated 55ip will still operate as its own separate company, but it will have the "full support" of J.P. Morgan Asset Management has announced that it has agreed to acquire FinTech 55ip , which works to help financial advisors deliver tax-smart investment strategies, according to a press release.

Boston 228
article thumbnail

Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The company added, in a press release , that it has filed for an initial public offering (IPO) with the goal of raising $300 million for the new entity.

Groups 139
article thumbnail

Building Operations Platform Company Building Engines Is Acquired For $300M By JLL

CB Insights

Building Engines: Boston-based Building Engines’ platform, Prism, brings together the technology and applications required for building management in one place. The company posted revenue of $16.6B JLL maintains operations in over 80 countries and a workforce comprising over 92,000 employees. square feet.

article thumbnail

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

PYMNTS

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.”. SA Company Takes The COVID Pivot Outside — Literally.

Company 131
article thumbnail

Canada Goose Outerwear Company Is Flying High

PYMNTS

a premium outerwear brand known for its goose-down jackets with fur-trimmed hoods, has announced that it plans to open three more retail locations in the fall: in Boston, Calgary and Tokyo. Instead, the company’s comprehensive losses slimmed from 14 cents per share in the previous year to 11 cents per share in the most recent quarter.

Company 101