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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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Japanese Cryptocurrency Exchange BitFlyer Launches in the U.S.

Bank Innovation

Based in Tokyo bitFlyer announced Tuesday afternoon that it has gained approval to operate in 41 U.S. These states include New York, Washington D.C., Texas, New Jersey and Georgia, among others (see the full list here). Japanese cryptocurrency exchange bitFlyer is coming to the U.S.

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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.

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Bitcoin Daily: Bitcoin Stock Dips At Vaccine News; Crypto Licensing Bill Proposed In NJ; TradeStars Launches New Fantasy Sports Stocks Token

PYMNTS

Good news for restaurants, physical retail — and consumers — but bad news for delivery apps, quick-service restaurants (QSRs), streaming services, and apparently bitcoin, although many expect this dip to be temporary, reported CoinDesk. Meanwhile, New Jersey Sen.

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Linkbancorp selling New Jersey operations to credit union

American Banker

American Heritage Federal Credit Union in Philadelphia plans to acquire three branches and $105 million of deposits from Linkbancorp. The deal is part of a growing number of transactions involving credit unions buying whole banks or portions of their branch networks.

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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.