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The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8 In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31
The pandemic has fast-tracked that digitization, however, as concerns and restrictions have led members to reduce their branch visits and turn to contactless features to carry out their banking activities online. Embarking On A Digital Transformation.
Truepill , an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. In a recent interview with PYMNTS, Afridi said the pharmaceutical sector is due for a jolt from technology and a direct-to-consumer focus.
And in the digital age, the ideal location for, well, finding the ideal location has become an online platform. Consider it a big-ticket version of ordering online – and picking up on-site (literally). As Kutzman noted, 99 percent of buyers begin their search for a home online.
Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. the San Francisco-based online bank, had the last laugh. Since then, the skepticism has evaporated and the CEO of Varo Money Inc. , Last month, Varo closed on a $241 million Series D funding round.
As reported by The New York Times late in the summer — and pointing to demand in the northeast — home sales in New York City’s suburbs, including New Jersey, Westchester County, Connecticut and Long Island, have been well on the rise. The Role of Technology . Technology may play a role, too, in feeding home-buying activity.
The eCommerce retailer is also reportedly eyeing grocery spaces in New Jersey, Connecticut and the New York metro region. That was compared to 16 percent growth notched in its online stores per Amazon’s earnings statement, as cited by the report. Those locations could open as soon as the end of 2019. .
Sure, younger consumers justifiably get a lot of attention in the worlds of payments and commerce, given their earnings and earning potential, and their willingness to adopt new retail and financial technology. The ongoing rise of online retail also presents opportunities for criminals — especially when combined with a target’s vanity.
Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Six Flags Case.
technology markets, investigating any potential anti-competitive conduct in those markets, and taking enforcement actions when warranted.”. The new entity, called the Technology Task Force, according to the FTC, will “draw upon existing staff and expertise,” and have “approximately” 17 staff attorneys working for it. Other Moves.
Today Fairway operates 15 stores in the New York, New Jersey, Connecticut tri-state area, as well as four liquor stores. Via FutureProof Retail to introduce the grocery technology, Fairway now lets shoppers use the Fairway-branded mobile checkout app to scan products with their phone cameras.
Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering.
The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third. Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida.
In Connecticut, for example, you cannot buy tickets with a credit card. Even so, companies are trying to get younger consumers to play the lottery, and using mobile technology to make those sales. The Ohio launch provides an signal of where lotteries are headed, and how mobile technology will play a part in the future of betting.
Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. However, as a payments professional in the business of preventing fraud, I’m not just impressed at how easy this new ATM technology is to use. No, CBT’s Barney wasn’t a purple dinosaur.
At issue are concerns that such investments could help China expand its technological and military abilities. Which Technologies Chinese Investors are backing in the US. These deals flattened between 2015 and 2016, while China investment deals in 2017 could see a year-over-year drop of 38% at the current investment rate.
Event Spotlight Pushing the boundaries of insurance innovation by bringing together the latest technology and top talent. And prices tend to rise as the event draws closer.
The Connecticut-based company announced that 2016 marked its third consecutive year of growth. E-InsuranceAISLE , an online insurance agency that allows customers to shop, compare and buy policies within their bank’s website. Insurance marketplace solutions company Insuritas released some key growth metrics this week.
Prairie Cloudware provides a comprehensive set of omni-channel, digital payment services to solve the need for more security, convenience, and control when purchasing goods and services online and in-store. Slice’s technology provides item-level purchase data across the largest base of online consumers (two million and counting).
Online insurance. Qingshongchou Network Technology. HQ: Rocky Hill, Connecticut. Micro-payments for online content. Online asset lending. Total dollars raised YTD is now $16 billion, nearly double the $8.4 billion raised during the same period a year ago. ——-. Latest round: $134.5 Total raised: $134.5 HQ: Cameroon.
The hearing, held by the Senate Commerce subcommittee on Communications, Technology and Innovation, queried researchers and others who were critical of using AI to suggest content to end users. The hearing came in the wake of, and continuance of, debate on privacy concerns for online users, as Reuters noted.
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