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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

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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.

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

PYMNTS

That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Advanced AI Makes Systems Smarter. Artificial intelligence (AI) in mobile food ordering: tantalizing.

Mobile 289
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Central Banks See Digital Fiat As Complement To Cash, Not Replacement

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The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system. As many as 40 percent of individuals are shopping online more often, which of course means they are shopping in stores less often.

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REPORT: The QSR’s Digital Checklist For Surviving The Long Haul

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Restaurants will once again have to pull out all stops to draw customers, including relying on third-party ordering systems like Grubhub and Uber Eats. The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began.

Report 237
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Fast Casual Saladworks Gets Fresh With New Locations And Restaurant Tech

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Tripodes has more than 15 years of franchising experience with Boston Restaurant & Sports Bar, Bojangles and Moe’s Southwest Grill, among others. Furthermore, the corporate stores will serve as a trial run for new ideas in restaurant technology and operational flow to increase efficiency.

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B2B Investors Set Sights On Data, AI, Analytics

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Existing partners of the FI including Coinbase and online lending platform Affirm. Another B2B startup operating in the data analytics space is Looker, which landed this week’s largest funding round. The solution also enables buyer-supplier collaboration to streamline operations, the company said. Wise Systems.

Analytics 176