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Paysafe Readies $9 Billion IPO Via SPAC

PYMNTS

The $9 billion price tag would make this one of the larger SPAC mergers of the year, behind the MultiPlan merger with Churchill Capital Plan for $11 billion and the pending United Wholesale Mortgage $16 billion deal with Gores Holding IV, Bloomberg reported. In addition, Foley launched another SPAC, Foley Trasimene Acquisition Corp.,

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FLEETCOR Teams With Nissan In Brazil On Contactless Payments

PYMNTS

The arrangement will see the outfitting of all new Nissan vehicles with Sem Parar Radio-Frequency Identification (RFID tags), providing thousands of drivers with contactless payments capabilities and expanding Sem Parar’s customer base in the region, according to an announcement.

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PSD2 Challenges Leave Norway, Netherlands Playing Catch-Up

PYMNTS

Speaking of changes to payments within the EU, merchants are about to confront a problem with a potential $100 billion price tag. While businesses within Europe are slowly getting used to PSD2, many of them remain unaware of SCA.

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Google Chrome To Eliminate Third-Party Cookies In Privacy Push

PYMNTS

However, as is the case with a lot of the privacy-friendly reforms in the process of rolling out in Europe and the U.S., While sites will still have the ability to tag individuals with “first-party cookies,” third parties will not have the ability to put cookies on websites to create a picture of users as they traverse the internet.

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H&M Tries To Prevent Resale Of Designer Items

PYMNTS

The retailer limited the sale of the collection, which sold out on H&M websites across Europe hours after its Thursday (Nov. H&M is trying to prevent the online resale of its collection created with Italian designer Giambattista Valli.

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EACT SURVEY 2021

Simply Treasury

This year, EACT received 343 answers from MNC’s across Europe. Tags: Treasurers’ key priorities / Treasury-On-Demand / Real-Time treasury / Digitization. As this survey is the first one post-COVID, it was interesting to see whether those priorities have changed and if they did why. Treasury top priorities.

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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

Russia was also a leading exporter of these commodities, with a disproportionately large share of its oil and gas production going to Europe; in 2021, Russian gas accounted to 45% of EU gas imports. Ukraine is also primarily a natural resource producer, especially iron ore, albeit on a smaller scale. The Market Reaction.

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