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Boston Fed Takes On Cyber Risks, FinTech Competition

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Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

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How QSRs Are Enhancing The Dining Experience With Digital Innovations

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To enhance diners’ experiences in quick-service restaurants (QSRs), managers are utilizing digital innovations, enabling everything from faster orders to more efficient kitchens. However, they’re less enthusiastic about high-profile innovations such as mobile apps and kiosks.). More than six in 10 – or 65.3

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REPORT: The QSR’s Digital Checklist For Surviving The Long Haul

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Restaurants will once again have to pull out all stops to draw customers, including relying on third-party ordering systems like Grubhub and Uber Eats. A study found that the industry expanded by 20 percent over the past five years, with online food delivery revenue expected to hit $24 billion by 2023. About The Tracker.

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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

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As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept.

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Central Banks See Digital Fiat As Complement To Cash, Not Replacement

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The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system. It might also offer opportunities not possible with cash while supporting innovation.”. How does one then turn that into cash?

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How Innovative mPOS Is Paving The Way To A Self-Checkout Future

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To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. To begin the process, the retailer was said to bring 100 POS systems and accompanying TCx displays into seven of its stores. Massachusetts locations.

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Innovators Take A Bite Out Of Food Waste

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Here are three innovators of many who have found ways to not only cut back on food waste, but also, in some cases, turn a profit on food that would have otherwise ended its life in a landfill. Misadventure Vodka sells its spirits to bars, restaurants and retailers throughout the state, and the liquor can also be ordered online.