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Boston Market Deploys AI To Fight Fraud, Improve ROI

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Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions.

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Odds Are That Online Sportsbook Wins Big Post-COVID

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Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

Online 168
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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. About The Tracker.

Online 272
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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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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

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ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Summit Partners Managing Director Christopher Dean and Vice President Chelsea Jurman will join ShipMonk’s board. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions.

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

Mobile 289
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How Spend Tools Feed Food Banks’ Need For Accountability

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Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141