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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

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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Boston Fed Takes On Cyber Risks, FinTech Competition

PYMNTS

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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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

The API supports setup, verification and initiation of direct debit, with the bank’s head of global liquidity and cash management Yvonne Yiu pointing to the cash management benefits such a tool could bring to businesses. The Bank of Thailand said it will begin development next month and aims to complete it by the end of the year.

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Celent Model Bank Awards: Fraud, Risk Management, Process Automation and Flub-Free

Celent Banking

It is my privilege to be part of the judging panel for Celent Model Bank Awards for 2017 for the following three categories: Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. At the moment we are staying tight-lipped about who won the awards.

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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

PYMNTS

the Federal Reserve Bank of Boston said, “To date, U.S. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. The Merchants’ Guide to Navigating Global Payments Regulations is a rich resource on the topic, as merchant data steps into the spotlight.

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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

“Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I You manage the misses. EforAll began operating in Holyoke in 2018 and in Roxbury in 2019. They don’t have VC funds.

Community 148
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FedNow implementation: What fraud and AML professionals need to know

Abrigo

Many of these tips are provided in the FedNow Service Readiness Guide , a good resource from FedNow to help with preparation. Lesson one in all of this is that implementation will come over time,” said Russ Chacon, Vice President of Product Management for Abrigo. Lesson one. is that implementation will come over time.

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