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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. billion by 2025.

Online 168
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Mediaocean Seeks Supply Chain Transparency

PYMNTS

The partnership expands upon several years of blockchain investments by Mediaocean, and strives to put end-to-end advertising campaign control back into the hands of marketing firms and ad agencies. Philadelphia-based Amino Payments launched in 2017, and was co-founded by Luttrell, Chris Chapman and David Bookspan.

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KidPass Raises $5.1 Million In VC Funding For Expansion Into New Markets

PYMNTS

Some were already investors in the startup, which is headquartered in New York City and will use the funding to expand into Los Angeles, San Francisco, Seattle, Boston, Philadelphia, Washington, D.C., It’s time-consuming and difficult to navigate, with many businesses not even having a presence online.”. and Chicago.

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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

Beyond BMW and Cadillac , the subscription market is growing as consumers and brands take note: Software vendors, too, are turning to subscriptions, according to the PYMNTS Subscription Commerce Tracker. We see a very big market niche for ready-made meals,” Griesel was quoted as saying to the Rheinische Post newspaper.

Marketing 110
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Toyota’s Move.

Nashville 130
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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

PYMNTS

One of the latest, ongoing trends is the rise of online luxury resale commerce. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. But even without traditional physical stores, luxury retail is finding new homes — and not just online.

Retail 123
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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc.

Lending 116