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

PYMNTS

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

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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TRENDING: mPOS And Transit: Where’s The Fit?

PYMNTS

The integration is designed to enable personal information to be stored in an isolated environment away from the merchant’s device operating system, keeping sensitive information secure in the event that hackers tap into any weakness in the device’s software. Meanwhile, other players in the space are unveiling their first mPOS forays.

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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

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

PYMNTS

Other companies are leveraging advanced technologies like artificial intelligence (AI) and machine learning to boost their onboarding solutions. Technology giant IBM and Dublin-based client lifecycle management solutions company Fenergo recently partnered to use AI and analytics on the IBM Cloud to help FIs more easily onboard customers.

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution. Introducing new store technology to 7-Eleven employees first has proven to be a very productive way to test and learn before launching to a wider audience.”.

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Celent Model Bank Awards: Fraud, Risk Management, Process Automation and Flub-Free

Celent Banking

Process Automation – for the most effective deployment of technology to automate business processes or decision-making. A common theme across this year’s submissions for the above categories is the importance of agile technology, digital process automation, and consistent and focused practices across the organizations.