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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

PYMNTS

billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City.

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Why Health And Beauty Retailers Are Driving Digital Innovation

PYMNTS

In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials β€” or interact openly with consumers about their offerings. That mindset β€œis becoming increasingly necessary if retailers want to remain competitive in the market,” the index found.

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SMB Profile: Looking Forward To Christmas In Connecticut

PYMNTS

On March 24, on what would have usually been a busy day at the start of spring, the state ordered all nonessential retail shops on the green to shut down, as the pandemic crept its way north from New York City and south from Boston. One of the topics they’re more than willing to discuss is marketing.

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Football Season To Kick Off New Payments Plays

PYMNTS

Bundled sports broadcast packages, social media and high-definition televisions allow them to enjoy games from the comfort of their living rooms. Revenue for the online sports betting market is predicted to reach $150 billion, making it likely that even more states will follow suit with regulations of their own.

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Building A Better Digital Bridg For Customers

PYMNTS

Founded in 2012 in Los Angeles, the digital marketing firm works to bridge (hence the name) the gap so that the various communications don’t fall into the void. β€œWe Bridge has a two-tiered approach to cracking the loyalty market: Identify the right targets and then aim wide when approaching on digital channel. Redefining Goals .

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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

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 Founded in 2002, the goal of Spreadshirt’s platform is to eliminate headaches and hurdles when bringing great ideas to market.

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The community bank’s complete guide to building trust

Independent Banker

If you want to develop trust on social media, you need to be there when your customers need you.”. Use social media to build trust. Claire Hill, marketing director of $208 million-asset Heritage Bank & Trust in Columbia, Tenn., Here are her tips for building trust on social media: 1. Be authentic.

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