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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. About The Tracker.

Online 272
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Mobile Order-Ahead Sector Goes All-In On AI

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That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

Mobile 289
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DraftKings To Merge, IPO At A $3.3B Market Value

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Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. 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.

Las Vegas 130
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Data: Luxury Goods Sales May Drop 35 Pct This Year

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While sales fell 25 percent in the first quarter, the slowdown is expected to accelerate in the second quarter and could lead to an estimated contraction by as much as 35 percent for the year, said the Boston-based investment firm. Online luxury has remained resilient, while brand name stores and department stores have seen sharp drops.

Data 151
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Data Enablers: Spreadshirt, Data-Driven T-Shirts

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T-shirts may seem like a simple product, but according to Spreadshirt, there is a ton of hard data and analytics at the core of even the softest shirt. Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6

Data 100
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Phoenix Welcomes Online Alcohol Delivery Startup, Drizly

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Boston-based eCommerce alcohol delivery startup Drizly has announced its next location in Phoenix, Arizona. Drizly’s SVP of new business and co-founder, Justin Robinson, commented on the company’s entry into the Phoenix market in its press release.

Phoenix 123
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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

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the Federal Reserve Bank of Boston said, “To date, U.S. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”. “A This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K.

US 171