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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.

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

Abrigo

Read resources provided here to see what they're saying. This piece explains: Generative AI and how it differs from AI in general What’s behind the genAI hype and the concerns Real-world use cases of generative AI at financial institutions and Available resources for financial institutions to learn more about generative AI in banking.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

. “Designed to allow our corporate customers to stay ahead of the evolving demands of their clientele, this innovative cash management API also supports businesses in their digital transformation and daily operation optimization,” she stated. Bank Of Thailand Readies New Infrastructure. Federal Reserve Tackles Fraud Across Rails.

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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. The Merchants’ Guide to Navigating Global Payments Regulations is a rich resource on the topic, as merchant data steps into the spotlight. It’s part of that “stand back” posture the Boston Fed noted in its March brief. Artisanal APIs Derive From Deep Merchant Data.

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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.

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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

“Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I EforAll began operating in Holyoke in 2018 and in Roxbury in 2019. They don’t have VC funds.

Community 148