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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

to provide its dispute management solutions to the latter’s security platform. Canada-based point-of-sale (POS) and eCommerce software provider Lightspeed recently announced the release of Order Ahead, an online ordering management system designed for takeout orders. Around The Mobile Order-Ahead World.

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

PYMNTS

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. A convenient, yet secure solution could be just a few taps away, however.

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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. However, this rapid evolution generates risks,” Rosengren said.

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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The deal is subject to passage of applicable laws, and both parties need to secure applicable gaming licenses.

Online 108
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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. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”. “A This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed survey also found that about 20 percent of respondents reported switching to paying online or over the phone for items from restaurants and big-box stores.

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Cautious Property Firms Put The Brakes On Rapid Growth

PYMNTS

No longer charging into market spaces (no matter the cost), many real estate startups are now slowing their growth to more carefully assess a better strategy moving forward. Traditional Silicon Valley startups accelerate through cash to achieve rapid expansion, with the goal of easier profitability once a certain market size has been secured.

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