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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. Under its Giants deal, DraftKings will receive “premier brand integration across MetLife Stadium during Giants home games,” per the companies’ statement.

Online 168
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Why Innovation Is Nothing Without Distribution

PYMNTS

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

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

PYMNTS

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). CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring.

Tools 276
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Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s

PYMNTS

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

PYMNTS

The two companies plan on delivering a slew of card and real-time payment options, both for in-store and online purchases. This offers enormous potential for merchants, brand owners and financial institutions to drive innovations that maximize flexibility and choice for consumers,” the release stated. billion by 2025.

Payments 152
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What’s Next For Payments In The Next Decade: The Seven 2020 Trendlines

PYMNTS

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. The last 10 years in payments and commerce have given us millions of dots to connect.

Payments 180