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10 Weekend Reads

Barry Ritholtz

He manages a diversified portfolio of late-stage growth equity in technology, consumer, health care, and financial services sectors. But Adidas had been tolerating his misconduct behind the scenes for nearly a decade. ( Washington Post ) • The Myth of the Great Boomer Wealth Transfer : So when is this Great Wealth Transfer going to happen?

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Paysafe Readies $9 Billion IPO Via SPAC

PYMNTS

Foley has worked with SPAC mergers in the finance sector before, with one of his private ventures working with Blackstone in 2017 to buy insurer Fidelity & Guaranty Life. Foley's Foley Trasimene Acquisition Corp. II SPAC raised $1.47 billion in an August initial public offering (IPO), and its shares on Friday sat at $10.62

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Ivalua Launches Gov’t Procurement Tools Amid NYC Debacle

PYMNTS

Enterprise spend management company Ivalua is launching its solution designed for the public sector as criticism mounts over the firm’s contract with New York City. The offering enables end users in the public sector to customize the product and adjust to changes in regulations and policies.

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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms

PYMNTS

The challenges of maintaining this trust are now under pressure from the COVID-19 pandemic, however, which has seriously battered the sharing economy as ride- and homesharing businesses develop tactics to convince consumers of their security and restore the sector. . PYMNTS research revealed that 68.8

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Bitcoin Daily: Turkey To Test Digital Currency In 2021; Japan Prepares To Issue CBDC; Bitcoin Crests $28,000

PYMNTS

Japan might look into launching its own central bank digital currency (CBDC) in both the public and private sectors, according to a report from Japan Times. After the closure of the exchange, the Binance KR team plans to look over its strategy. The exchange will close trading services on Jan. 10, 2021 at 1 p.m., 29, 2021, the blog says.

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Intuit Buys Credit Karma For $7.1B

PYMNTS

Intuit closed a deal to buy Credit Karma for a price tag of $7.1 Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. billion on Monday (Feb. 24), according to published reports. The company is now worth more than $74 billion.

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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The Lead In. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

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