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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 technology, which is powered by the retailer’s mobile app, is expected to be deployed to all of Macy’s full-line stores by the end of the year, CNBC reported. The retailer has already tested the technology at a store in New Jersey. Compared to traditional pop-up stores, Macy’s own staff services the brands.

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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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Wayfair Debuts An Outlet Store

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A selection of brands are turning to sales channels such as Amazon to sell returned goods and Under Armour has been using “off-price channels” to unload inventory. The news comes as Wayfair was planning on opening two pop-up shops at the beginning of November to create an interactive brand experience.

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

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New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. A few very high-powered technology partners were already there, digitally speaking, so they helped influence our decision,” she said. “We

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Walmart Adds Two Global Governance Leaders To Support Financial Services

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“As Walmart transforms through innovation and investment to save customers time and money, we are continually adapting our organization to ensure we have the right talent and structure in place,” said Rachel Brand, executive vice president of global governance, chief legal officer and corporate secretary, per the company. “I

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When Loyalty Is Unattended Retail’s Key Feature

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From Vengo Labs to Carvana , digital innovators in a variety of industries and spaces are reinventing the vending machine concepts with new technologies and features. The compound annual growth rate (CAGR) of the global smart vending machine market from 2019 to 2024 is projected to be 12 percent.