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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. The technology is also credited with helping them meet diners’ demands for seamless purchasing experiences as well as enabling them to battle fraud. .

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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.

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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, said the purchase had been necessary because of the needs of advisors who are "increasingly seeking intelligent, automated tools to provide simplicity, scale and efficiency.". "[A]nd

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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.

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Ontra, A Contract Management And Automation Services Provider, Raises $200M To Expand Operations

CB Insights

Ontra , a legal technology company, has raised $200M in a Series B. HOW’S THE COMPANY PERFORMING? The company reportedly processes over 20,000 NDAs each month and is supported by a network of more than 400 lawyers. The round drew participation from Blackstone and Battery Ventures, among others.

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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

PYMNTS

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. The B2B company said the $290 million investment “represents a minority stake.”

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

The surge of digital orders carried a toxic tide of fraud, and many companies turned to supervised machine learning to deal with it. Research suggests that a variety of indicators, such as geolocation, address verification and CVV verification, can help companies pinpoint and reject likely fraud attacks.”.

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