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Fairway Said To Seek Bankruptcy That Keeps Some Stores Open

PYMNTS

Grocery chain Fairway is in bankruptcy negotiations with Village Super Market Inc. Village Super Market Inc., headquartered in New Jersey, owns ShopRite. to keep some stores open as Fairway attempts to sell the company, Bloomberg reported Wednesday (Jan.

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TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Bobsguide

LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. Tom brings significant crypto expertise to the firm and is based in New York.

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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Consumers sitting down to bet through their computers or phones likely do not want to receive winnings via checks and expect effortless digital payments — even with online gambling platforms’ security measures ensuring winners are properly verified. New Jersey and Pennsylvania have become two of the most important markets for U.S.

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Community Banks Voice Frustration With Core Tech Providers

PYMNTS

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). ” Fiserv, FIS and Jack Henry have secured 90 percent of U.S.

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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

PYMNTS

The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic.

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SellersFunding Targets Amazon Sellers With AltFin Acquisition

PYMNTS

New Jersey-baed AmzLenders was founded by Amazon seller Steve Creasy, who will act as a consultant to SellersFunding over the transition period. “If The issue is, eCommerce merchants can often be seen as “too small for a bank” and as a result, have difficulty securing loans. SellersFunding operates in the U.S.,

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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

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