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New Jersey Shows The Good And Bad Of Gambling Payments Progress

PYMNTS

Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. According to data provided by the trade group, “legal sports betting could help the NHL generate an additional $65 million in revenue as a result of spending by betting operators and data providers.”

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Wakefern unveils frictionless checkout pilot

Payments Dive

The supermarket operator teamed with tech firm Trigo to open an autonomous convenience store at its New Jersey corporate campus.

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New Jersey files lawsuit against two buy-here pay-here used car dealers

CFPB Monitor

On March 7, New Jersey Attorney General Gurbir S. The complaint alleges that these practices violated the New Jersey Consumer Fraud Act, the New Jersey Motor Vehicle Advertising Regulations, the Automotive Sales Regulations, and the state Used Car Lemon law and regulations.

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Kearny expanding in northern New Jersey with MSB purchase

American Banker

The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.

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Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

A&P named its concept Warehouse Economy Outlet — or “Where Economy Originates” — and opened its first location in Pennsauken, New Jersey, in 1971. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed delivers bulk items such as toilet paper and pet food to consumers’ front doors.

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New Jersey enacts licensing and other requirements for student loan servicers

CFPB Monitor

On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. Licensing requirement.

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Restaurant Operators On Life Before, During And After COVID-19

PYMNTS

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. Yi said the impact of COVID-19 caught Zoku Sushi “completely flat-footed” by the nearly overnight shutdown that came to its base of operations in Midtown Manhattan. They went home.