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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. How much potential does online gambling have?

Online 168
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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

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The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101
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Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s

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Inspire Brands is poised to acquire Jimmy John’s for an undisclosed price in a deal that would make it the fourth-largest restaurant company in the country. Inspire’s long-term approach, culture of innovation and commitment to helping brands grow set it apart from the rest.”. In Other Brick-and-Mortar News. billion to $43.6

Branding 101
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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

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The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic.

Tools 276
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Visa, Digital Wallet LINE Debut Credit Card

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LINE Pay Corporation, operator of the popular payment app LINE Pay , announced that it is launching a LINE Pay co-brand credit card with Visa in Japan. The LINE Pay-Visa co-branded credit card will also offer exclusive rewards, including the LINE Points program. billion yen ($1.33

Cards 142
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Mastercard Invests In Asia’s Pine Labs For Electronic Payment Options

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The two companies plan on delivering a slew of card and real-time payment options, both for in-store and online purchases. It’s operational in the Middle East, Southeast Asia and India. billion by 2025. Pine Labs end-to-end value solutions will also be included, which the company said will replace paper ones.

Payments 152
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Farfetch Looks To Mobile To Improve Shopping Experience

PYMNTS

Online marketplace Farfetch is planning to launch new mobile technology that will allow shoppers to flag items with their phones as they shop in stores. Farfetch allows customers to buy luxury clothes and accessories from more than 700 brands and boutiques worldwide. Retail shops still operate in the 80s.”.

Mobile 100