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Boston Market On Tapping AI To Combat Fraud And Meet Mobile Customers’ Needs

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This shift has prompted many eateries to rely on emerging tools like artificial intelligence (AI) to better manage various aspects of their operations as consumers transact remotely. I’m very excited about what AI can do for restaurants, and we are looking at how it fits with Boston Market right now,” he said. “I

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Boston Market Deploys AI To Fight Fraud, Improve ROI

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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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Fed Names New Payments Security Leader

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Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Treasury and financial market, among other responsibilities.

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

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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

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The new funding will be used to boost the company’s operations, with a focus on global growth. It also plans to build the world’s first full stack offering for truly autonomous security, as well as increase investment in its core organic R&D. Founded in 2012, Cybereason boasts distribution in all major global markets.

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

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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. Don’t let the lack of hard law in the U.S.

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London Cements Uber Ban Over Fake Identities

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Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to appeal, according to a Monday (Nov. London regulators refused to renew the ride-hailing company’s operating permit over safety concerns and drivers using false identities.