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Paysafe Readies $9 Billion IPO Via SPAC

PYMNTS

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. In addition, Foley launched another SPAC, Foley Trasimene Acquisition Corp.,

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Canoo Aims To Reinvent Electric Vehicles And Subscriptions

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The company will also provide maintenance and repair, as another way of reducing electric vehicles’ high price tags. We [can] compete on price with a lease model … deliver optionality … ease of use [and a] digital-native experience. Auto Subscriptions Go DTC . That's really our value proposition.”.

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Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive

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But shopping will likely see much of the great digitization wave that’s swept over it in recent weeks stay in place because shoppers like the speed and convenience, as PYMNTS consumer surveys indicate. Big News Of The Week: Mr. Bezos Is Going To Washington . The latest developments: Amazon .

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

JOHNSON: So I spent a year, my father said to me, “Look, if you’re going to be in the financial services business you should probably work in New York.” I actually think that what influences it more than anything now is the tech culture that’s going on on the West Coast. JOHNSON: Yeah, there you go.

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DEEP DIVE: Same-Day Insurance Claims

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Filling out an insurance claim is typically preceded by an unfortunate and unexpected event like an illness, injury, accident, crime or natural disaster. That setback often means consumers want and expect access to their insurance claims payouts as soon as possible. Taking The Pain Out Of Insurance Payouts .

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How DocuSign Turns Contracts Into Commerce

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We think it’s really going to change the payments landscape and just make it super efficient for people to come to an agreement and collect payment all in one instance,” Levin explained. Though DocuSign isn’t there yet, Levin said that’s definitely where it’s going. We built a product that served their needs,” Levin said.

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The Challenges Of Securing The Smart Cities Of Tomorrow

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And “waiting on the wings,” in fact, maybe a slightly misleading way to tag that. Going forward, however, those costs could get quite a lot higher, as municipalities learn that in a smart city, there are things more critical than their computers that cybercriminals can gain access to and hold hostage. The Target Rich City .