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Fast Action: Tennessee Sportsbook Bets Service Quality On Instant Payments

PYMNTS

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. And the delivery of that product is behind the value proposition of Tennessee’s newest sports betting firm, Action 24/7.

Tennessee 262
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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy.

Maryland 151
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Unicorns Drowse Through Summer

PYMNTS

The dog days of summer are upon us, and so as bankers head to the beach, shall we assume the flight to market has hit a snooze button? Airbnb , having staked its claim in urban environs, has said that it is open to market regulations in cities of scale such as Vancouver and others. billion, down from $3.4

Tennessee 100
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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. Ford Retreat. Proof of that comes from Ford.

Nashville 130
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Here’s How The Opioid Crisis Is Losing Retailers $9B A Year

PYMNTS

In addition, the crime cuts into state sales tax revenue: Tennessee loses more than $14 million a year to return fraud. For instance, Home Depot now only accepts store credit for in-store purchases, not online ones, and requires ID when credits are redeemed, thus limiting the resale value of store credit.

Retail 105
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11 Lessons From Startup Chapter 11s

CB Insights

Coda Automotive was an early player in the electric vehicle market, an early failure, and a great example of why being early is not always an advantage — even if the future your company envisions is probably the right one. Another, larger problem was that the market for electric cars did not take off the way that Coda expected.

Apple 78
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Online payroll system. HQ: Nashville, Tennessee. Online accounting. Crowdforecasting future events for financial markets. Income tax preparation app. Online banking services for migrants. Tags: Consumer, tax prep. Total dollars raised YTD is now $17.4 billion, more than double the $8.4 i3 Verticals.

Company 12