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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

the San Francisco-based online bank, had the last laugh. Department of the Treasury that charters and regulates financial institutions. As a national charter, the bank can offer credit and cash-flow management, the company said. Since then, the skepticism has evaporated and the CEO of Varo Money Inc. , Varo Bank N.A. million.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

In Connecticut, for example, you cannot buy tickets with a credit card. The company can do that because — after working with regulators before entering a specific state — it buys lotto tickets and keeps original paper tickets in a secure location, “which it also pays to insure, in case anything goes wrong at its holding facility.

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What Shiny New Life Insurance Startups Can Learn From My Mistakes

Tech and Finance

Having founded a financial services startup previously, I assumed that I would be able to buy a basic term life insurance policy completely online. Haven Life, the online life insurance agency I co-founded as a result of my own experience, turns one year old this month. Everything in life insurance is subject to regulation.

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Partnerships, Pivots And Bookended Data Breaches

PYMNTS

But it seems Goldman has decided to at least start trying by introducing the world to Marcus — their new online lending platform “for the masses.” Connecticut-based HEI attributes the stolen data to malware placed in their system. Twenty U.S.

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Why Facebook’s Business Model Isn’t Its Biggest Problem

PYMNTS

That post, theoretically, was supposed to calm fears that Facebook had been hacked, and to reassure users, investors and regulators that things were fine. Which, we should point out, is what online ad platforms do – that is their business and why advertisers pay them. Cambridge Analytica.

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