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DraftKings To Merge, IPO At A $3.3B Market Value

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Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The new deal with the other companies gives DraftKings a valuation of $3.3

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Macy’s Rolls Out Mobile Checkout

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The retailer has already tested the technology at a store in New Jersey. With this technology — which as undergone a trial period at three of its locations in New Jersey, New York and Florida — customers can experiment with moving items around a virtual room through a tablet in the retailer’s stores.

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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). Affinity Federal Credit Union is one such CU that began upgrading its systems in 2016 as the New Jersey-based CU began its evolution to an automated service model.

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Fabletics Announces Brick-and-Mortar Expansion

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Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

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PayPal Takes The Court With WNBA’s Phoenix Mercury

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The new jerseys come as part of a broader PayPal collaboration with Phoenix’s athletic scene. According to both PayPal and the team, the new jersey badge partnership speaks to their shared values, particularly around inclusion, collaboration, innovation and opportunity. “We

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Walmart Adds Two Global Governance Leaders To Support Financial Services

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Emma Waddell will join the company as vice president of financial services compliance, while Joe Rodriguez will serve as lead counsel of financial services, per news from the retailer. “As Waddell will provide support and guidance to financial services compliance leaders across all of the company’s operating markets, including Walmart U.S.,

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Path To World Series Brings Changes To Online Gambling

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Payments Innovation. And you can bet (sorry) that this fall, more of that money is going through not only mobile channels, but via more prepaid cards and other innovative methods. Indeed, the rise of online and mobile (legal) gambling is providing benefits to reloadable and store-value cards and is driving innovation.

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