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

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release.

Las Vegas 130
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PetSmart Acquires Leading Online Pet Food Retailer

PYMNTS

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. After the deal is closed, Chewy, which was founded in 2011, will continue to be led by CEO Ryan Cohen and operate primarily as an independent subsidiary of PetSmart.

Online 100
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Why Accounting Innovation Flourishes In India

PYMNTS

India is becoming a new center stage for innovation in the corporate and small business accounting software space, analysts believe. “Technological advancements, rising integration of accounting software with various online applications, such as automated billing features, automated bank feeds, eCommerce websites, etc.,

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

Beyond BMW and Cadillac , the subscription market is growing as consumers and brands take note: Software vendors, too, are turning to subscriptions, according to the PYMNTS Subscription Commerce Tracker. Here is how different industries are innovating with subscriptions. in Q1 2018 to 64.0 in Q2 2018.The

Marketing 110
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How KiwiCo Keeps Fraudsters Boxed Out

PYMNTS

The subscription commerce market has grown at an impressive rate, having increased by more than 300 percent over the past seven years. In the July Subscription Commerce Tracker , PYMNTS explores how subscription-based businesses are adapting to an ever-changing market, and how they keep their payments experience secure.

Video 139
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Innovation All the Time

Independent Banker

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2