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Online Gambling And The Challenges Of Betting On Instant Disbursements

PYMNTS

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222
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With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?

PYMNTS

However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk. The report also noted that online gambling or gaming sites are expecting major growth in the U.S., reaching a value of $102.9

Online 210
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Amazon Joins Competitive Food Delivery Market In India

PYMNTS

Seattle-based Amazon is ramping up its operations in India’s growing market by launching Amazon Food, which will deliver prepared meals. Competitors include online food delivery platform Zomato and Swiggy , which raised $43 million from investors last month in a bid to expand into new businesses. PYMNTS surveyed 2,047 U.S.

Marketing 142
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PayPal Launches eCommerce Platform For Online Merchants

PYMNTS

In a blog post , Bill Ready, PayPal’s chief operating officer, said the new digital platform will provide what the company is calling the most comprehensive set of technology, tools, services and financing for businesses of all sizes around the world. The payment company plans to expand to more than 40 markets by the end of 2019.

Online 206
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With $640M Deal, Equifax 'Kounts' The Ways To Combat Online Fraud  

PYMNTS

That network, in combination with Equifax, will use advanced technologies to connect data “signals” that stem from 32 billion online interactions, five billion annual transactions and 17 billion unique devices across the globe, as the company said in its announcement tied to the acquisition. The deal is anticipated to close in Q1 of 2021.

Fraud 158
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58 Home Online Services Firm Nears $2B In Pre-IPO Round

PYMNTS

58 Home is reportedly one of the country’s leaders in enabling consumers to find services online ranging from house cleaning to flower delivery. It is competing for market share against rivals that have more resources, including some businesses operated by Alibaba Group Holding Ltd. The company is owned by 58.com

Online 130
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Report: Purported COVID-19 Vaccines Hit Dark Web

PYMNTS

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Report 274