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For IBM, Blockchain as ‘Team Sport’

PYMNTS

That executive, Jason Kelley, who serves as blockchain general manager, told CNBC that such efforts are a “team sport” and added that “our clients are ready to work with (Facebook) and we’re ready to work with all of them to bring it together. Separately, other tech giants are getting into the blockchain fray. Cisco, Too.

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DraftKings To Merge With Other Companies, Go Public

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The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release. Gavin Isaacs, the chairman of SBTech, said the deal combines “tech native companies.”. SBTech will maintain its core business and continue its B2B focus,” he said.

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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release. Gavin Isaacs, the chairman of SBTech, said the deal combines “tech native companies.”. SBTech will maintain its core business and continue its B2B focus,” he said.

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12 Ways Consumers Will Pay (And Be Paid) In 2020

PYMNTS

Emotional responses are particularly relevant to skills in the gaming and sports categories. 3: P2P Rises And Could Move Into B2B. One can bet that the ongoing deployment of new 5G mobile network technology will drive things further. 2: Via More Connected Devices In Homes. 18 announcement. #3:

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Study: 30 Pct Of Prof Svc Firms’ Expense Reports Flagged

PYMNTS

As reported this week in CPA Practice Advisor, AppZen, which offers automated expense report auditing for its business customers, found that such rejections occur across roughly 30 percent of expenses filed by employees in that vertical.

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Checkout Features, Visa Interchange Rates, Gaana’s Music Service Top This Week’s News

PYMNTS

He said per reports, “The economic cost of building siloed systems in a world where citizens travel globally is really stupid, and where crime travels globally is even more stupid, and where technology is completely global is even three times more stupid.”. Breaking Batch (Payments): BNP Paribas On APIs And Making B2B Payments Faster .

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Fixing The KYC And AML ‘Horse-and-Buggy’ Model

PYMNTS

As they stand now, Cohen said, the software and tech solutions leveraged by FIs – and the mindset behind their deployment in general – are equivalent to the horse and buggy. A Tech and Mindset Shift. The technology has to fit the process and not the other way around.”. The Larger Landscape: Horses and Buggies. How to Change.