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Digital-only First Internet Bank retains 90% of its original customers

Bank Innovation

As upstart digital-only banks face increasing pressure to acquire and retain customers, a 20-year-old online-only bank has managed to hold on to most of its original customer base.

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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. billion by 2025.

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Merchants Bank of Indiana Money Market Currently Offers Leading Rate

BankDeals

Merchants Bank of Indiana's Money Market Account currently offers a top rate on balances up to $1 million. It's available through an online application.

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Teachers Credit Union On Using Technology To Drive A Personalized Member Service Approach

PYMNTS

These include South Bend, Indiana-based Teachers Credit Union (TCU), which has nearly $4 billion in assets and serves more than 300,000 customers at 57 branches across Indiana and southwest Michigan. Some fear [that] if they join the online banking community, some tech-savvy fraudster will steal their information,” he said.

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Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales

PYMNTS

31, the Evansville, Indiana-based company posted $14.7 Mark Worden, president and chief customer officer, told SGB Media that the move to online shopping amid the pandemic helped boost the bottom line, with ads pulled from TV and print and moved to digital channels. . For the 13 weeks ending Oct. million in profits.

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Google Play Policy Changes Will Extend Gambling Apps Across More Countries

PYMNTS

online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania. Sports betting is only allowed in Colorado, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee and West Virginia. . Currently in the U.S., Earlier this month, New York Gov.

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Carvana Opens Car Vending Machine In LA, Marking 20th In US

PYMNTS

The company says customers can save time and money by skipping the dealership and shopping online at Carvana.com. The Los Angeles Car Vending Machine joins counterparts in cities across Texas, Tennessee, Florida, North Carolina, Maryland, Arizona, Ohio, Missouri, Indiana, Pennsylvania and Illinois. and its first in California.