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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions. The November Mobile Order-Ahead Tracker® explores the impact of AI and how eateries are using the technology to ease their operations, personalize customer offers and fight fraud.

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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.

Boston 100
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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.”. It’s part of that “stand back” posture the Boston Fed noted in its March brief. isn’t in the lead here, which is okay.

US 171
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The Shelby Group, Equiteq Team Up On Investment

PYMNTS

Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group , an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners , according to a press release.

Groups 100
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Now is the time to prepare for the FedNow launch

Independent Banker

2022 will be a big year as we move from development to pilot testing and begin to engage more with financial institutions in active planning,” says Nick Stanescu, senior vice president, FedNow business executive, the Federal Reserve Bank of Boston. “We Go-to-market preparations. FedNow planning resources. payment system.”.

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TRENDING: mPOS And Transit: Where’s The Fit?

PYMNTS

In the latest Mobile Point-of-Sale Tracker , PYMNTS reports on how mPOS solutions are entering new markets around the globe, and how players in the space are working to make sure they also become more secure as they become increasingly popular. The mPOS Tracker is your go-to resource for staying up-to-date on a month-by-month basis.

Trends 105
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Turning The Phone Into Restaurants’ Digital On-Ramp

PYMNTS

That’s a figure Webster said she found hard to believe, but Xiao said that’s because she does most of her dining Boston — where phones’ prominence is a lot lower and digital channels are far more strongly developed. We really focused on what we can do to scale down the onboarding time and make this operational in a matter of days.”.