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Mastercard acquires data platform SessionM to help brands boost customer loyalty

Bank Innovation

Payments giant Mastercard has acquired Boston-based SessionM, a nine-year-old software company that helps clients improve customer relationships through data analysis.

Boston 170
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Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

PYMNTS

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. These are the top stories in retail for Tuesday (Nov.

Company 131
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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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True Fit Gets $25 Million Investment So Your Shoes Can Fit You Better

PYMNTS

True Fit , the Boston-based startup that helps connect customers with shoes and apparel that fits them really, really well, recently announced a $25 million investment from Intel Capital that it will use to expand its business, according to a report from TechCrunch. 2015 that it used for expansion.

Boston 100
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

Online 108
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Cable Startup Layer3 Bets Against Streaming

PYMNTS

Jeff Binder, CEO of Layer3, was quoted by The Washington Post as saying, “We’re the first cable company in … 10 years to come that’s brand new. Consumers haven’t had a young innovative company to provide [pay TV] services to them since the mid-1990s, when Dish and DirectTV came on the scene.”.

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Niche B2B Startups Surprise With High-Value Funding

PYMNTS

Word on the street is that B2B startups may be landing on the same path as B2C startups when it comes to the venture capital wells drying up. It could explain India’s rare absence from our B2B Venture Capital Roundup this week. Instead, the funding landed in the U.S., eProcurement. ”

Capital 100