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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. The technology is also credited with helping them meet diners’ demands for seamless purchasing experiences as well as enabling them to battle fraud. .

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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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Fed Task Force Releases Payment Lifecycles And Security Profiles

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Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

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In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

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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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