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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. The blank check operation that will take Rush Street Interactive public fits the profile.

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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

Payments 191
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Kohl’s To Debut New eCommerce Facility, Small-Format Stores

PYMNTS

The new eCommerce fulfillment center will be located in Plainfield, Indiana, and Kohl’s expects to begin shipping Kohls.com online retail orders from the new location by the end of this month. The Plainfield facility will join existing eCommerce locations in California, Maryland, Ohio and Texas.

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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing diner expectations and embrace technology to stay relevant. And food-ordering platforms are teaming up with restaurant technology companies to make it easier for eateries to accept delivery orders.

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What’s Driving The Future Of Autonomous Delivery?

PYMNTS

Technology is progressing as consumer attitudes shift on what constitutes effective deliveries. While regulations have not yet caught up to some of the facts on the ground, the trend is clear — autonomous technology promises to play an increasingly important role in fulfillment in the decades to come. Alphabet Effort. Delivery Trends.

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. Revenue fell to $21.6 The bank reported 28.9

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

And products started migrating online. First Internet Bank in Indiana was founded in 1998. And a branch, on average, cost about 1% of deposits in direct operating expenses. This is why online banks can pay higher interest rates. Build a positive culture with operating discipline. billion in total assets.