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Ingo’s Edwards Plays The Inside Straight On Online Gambling

PYMNTS

And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. But now gaming and sports betting is moving online and regulators are just now trying to figure out how to manage it.”. Tennessee, he said, is his favorite example. There have been advances.

Online 181
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First Horizon navigates TD deal's demise, but big tech investments loom

American Banker

The Tennessee-based bank was forced to keep operating on its own after a proposed acquisition was called off. Months later, First Horizon has picked up new customers and improved its profitability, but investors remain cautious amid plans for catch-up spending on technology.

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Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations

PYMNTS

Under the reorganization, the company said it plans to close 185 locations, which leaves the franchise with 236 operating restaurants. This latest announcement follows a private-equity buyout in 2017 by NRD Capital Management. We intend to move through the process as quickly as possible,” Lederman said.

Tennessee 163
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FedEx Joins UPS In Adding Delivery Fees Due To Volume Hike

PYMNTS

The Tennessee-based shipping giant will add a 30-cent surcharge to packages delivered to homes via Express and Ground, according to a post on its website. A FedEx spokeswoman told The Wall Street Journal (WSJ) that “the peak surcharges will help us manage the demand while maintaining strong levels of service for our customers.”

Tennessee 142
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Airbnb Hosts Turn To Long-Term Rentals To Stay Afloat

PYMNTS

Airbnb hosts looking for alternatives to their usual operations while the coronavirus stalls the economy have begun listing their properties on other sites, according to CNBC. They are using sites that would normally be competitors of Airbnb, like Zillow , Vrbo , HomeAway , Apartments.com, Craigslist and Facebook ‘s marketplace.

Nashville 131
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Lowe’s To Open Four Online Shopping Fulfillment Hubs

PYMNTS

Mira Loma is the company’s second direct fulfillment center, with the first having arrived in Nashville, Tennessee in 2018. To provide further same-day and next-day services to its customers, Lowe’s Companies, Inc. Lowe’s said the efforts come amid efforts during the last year and a half to grow its supply chain.

Online 142
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US Inches Toward Open Banking With CFPB Notice

PYMNTS

The technology conglomerate announced this week a new cloud service to help smaller banks integrate anti-money (AML) laundering protections via its Financial Crime and Compliance Management Cloud Service. First Horizon Bank Adopts NCR Technology. TrueLayer Launches in Australia. CFPB Seeks Open Banking Guidance.

US 203