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

PYMNTS

One restaurant that is working to incorporate AI into numerous parts of its operations is Boston Market , a Colorado-based fast-casual chain that has 330 locations in 37 states. 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

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Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’

PYMNTS

Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. The Boston Fed chief said the central bank has already moved to help lessen the coronavirus pandemic’s economic harm.

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Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles

PYMNTS

Amazon , announced news on Tuesday (May 1) that it will expand its Boston Tech Hub, creating 2,000 new tech jobs in fields including machine learning, speech science, cloud computing and robotics engineering. According to Amazon, the teams based in Boston are focused mainly on Alexa, Amazon Web Services and Audible.

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Cannabis Startups Expected To Boost Warehouse Rents In Boston, L.A.

PYMNTS

Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. In Denver, for example, rents rose 33 percent from the first quarter of 2014 through May 2017. Industrial rents in Seattle and Portland each rose 27 percent in the same period.

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

To illustrate how AI adoption is playing out in the field, the November Mobile Order-Ahead Tracker® contains a deep dive on the efforts of the Colorado-based Boston Market chain. AI tools can even be integrated into digital menu boards to display offerings that are informed by customers’ ordering histories, for example.”.

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Themes & Takeaways From the 2022 Real-Time Payments & Fraud Management Summit 

Perficient

Among its attendees were representatives from The Clearing House (TCH), The Federal Reserve Bank of Boston, and SWIFT, along with some of the largest financial institutions in the U.S. . As an example, real-time payments in practical terms will accelerate how fast merchants get paid and will eliminate the waiting period for funds to settle.

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Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there.

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