News

International
France Requires ‘COVID Passes’ For Travel, Dining Out 
July 26, 2021

The French parliament has passed a new law requiring all health workers to get vaccinated, and has also mandated special COVID passes for anyone who wants to eat in a restaurant or travel by plane or train. Get the Full Story Complete the form to...

Retail
Lenders, Dealers Thriving In Hot Auto Market
July 26, 2021

With Americans shopping for cars at a near-record pace and a computer chip shortage meaning that dealers are struggling to meet that demand, the average price of a used car was $18,453 in June, up more than one-third over the same time a year ago,...

International
Indonesia’s GoTo Startup Seeks $2B In Pre-IPO Talks
July 26, 2021

Indonesian startup GoTo is aiming to raise as much as $2 billion from investors before it makes its way onto stock markets in its native land and in the U.S., according to a Bloomberg report. Get the Full Story Complete the form to unlock this...

IPO
Buoyed By High Stock Prices, IPOs On Pace For Record Year
July 26, 2021

Companies ranging from online sports wagering to pharmaceuticals to eCommerce ventures are benefiting from what appears to be a record-breaking year of initial public offerings (IPOs), according to a Monday (July 26) report from CNBC. Get the Full Story Complete the form to unlock this...

IPO
Paytm’s Landmark IPO Could Launch By October
July 26, 2021

The Indian digital payments company Paytm is expected to launch its initial public offering — the largest ever in India — near the end of October, Reuters reported on Monday (July 26). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Stablecoin Tether Faces DOJ Probe
July 26, 2021

The U.S. Department of Justice (DOJ) is doing a deep dive into Tether to ascertain whether the bosses behind the stablecoin held back information from banks that transactions were connected to cryptocurrency, Bloomberg reported on Monday (July 26), citing sources. Get the Full Story Complete...

Partnerships / Acquisitions
Starling Bank Buys Fleet Mortgages In $69.1M Deal
July 26, 2021

London-based Starling Bank has announced its first acquisition, buying 7-year-old Fleet Mortgages in a cash and share deal worth 50 million pounds, or about $69,114,700. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Digital Business Helps Hasbro Make Up For Lagging Board Game Sales
July 26, 2021

Following a year in which board games were among the highlights of social interaction, Hasbro has seen a decrease in demand for some of its mainstay products, but an acceleration in its digital gaming and entertainment divisions. Get the Full Story Complete the form to...

Retail
Amazon Upgrades Luxury Marketplace With Glossy Ads Aimed At Designers, Customers
July 26, 2021

Less than a year after the inception of Amazon’s Luxury Stores, the company has opened the doors to more consumers and begun using the platform as an opportunity to introduce people to new designers. Get the Full Story Complete the form to unlock this article...