Welcome to Five at Five, your late look at some of the day’s biggest payments and commerce news. Today’s coverage includes news about healthcare payments and a large money laundering probe. U.S. state regulators eye tech regulation, Alibaba readies for a leadership change and convenience stores rethink loyalty.
The proposed payment model — which incorporates aspects of fee-for-service, episodes of care, quality adjustments and shared savings — promotes the improved integration of treatment and recovery resources along with financial incentives, which benefit everyone when the patient is well-managed by a multi-disciplinary care team.
Denmark’s largest bank is investigating $150 billion in transactions to determine if companies with ties to Russia used it to launder money.
The state officials are working on a legal strategy to deal with alleged antitrust violations and data privacy abuses, as well as what some claim is a suppression of conservative speech.
Alibaba’s Jack Ma, the co-founder and executive chairman who is stepping down, plans to hand over leadership to Daniel Zhang, the company’s current chief executive.
Traditional convenience store customers aren’t known for, or pursued for, their loyalty. But that’s changing.