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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.

Boston 186
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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.

Boston 100
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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

Advanced AI Makes Systems Smarter. To illustrate how AI adoption is playing out in the field, the November Mobile Order-Ahead Tracker® contains a deep dive on the efforts of the Colorado-based Boston Market chain.

Mobile 289
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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. It’s showing up in music and entertainment , education , healthcare , and marketing. That’s equivalent to 9% to 15% of operating profits, the report notes.

Examples 221
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London Cements Uber Ban Over Fake Identities

PYMNTS

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.

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Some Restaurants Opt For A Long Winter’s Nap

PYMNTS

And restaurant operators are aware. We want restaurants to work so badly that we are willing to lie to ourselves,” Heather Mojer, co-owner and beverage director at Boston-based Big Dipper Hospitality Group , operator of the Café Du Pays, Mamaleh’s Delicatessen and State Park restaurants, wrote in an Instagram post. “We

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Fed Names New Payments Security Leader

PYMNTS

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.

Security 112