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10 Weekend Reads

Barry Ritholtz

Bloomberg ) Be sure to check out our Masters in Business next week with Michael Carmen , who is the Co-Head of Private Markets at Wellington Management. Bloomberg ) Be sure to check out our Masters in Business next week with Michael Carmen , who is the Co-Head of Private Markets at Wellington Management.

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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

Also, while there are several private-sector digital cash transfer systems like JazzCash, which is operated by telecommunications company Jazz , or Telenor Pakistan 's Easypaisa, Raast would be the first one to link government entities and financial institutions together.

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Paysafe Readies $9 Billion IPO Via SPAC

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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. In addition, Foley launched another SPAC, Foley Trasimene Acquisition Corp., but that is not involved in the deal with Paysafe, Bloomberg reported.

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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. The exchange will close trading services on Jan. 10, 2021 at 1 p.m., and the anticipated hard shutdown will take place Jan. 29, 2021, the blog says.

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The Public Sector Takes The Lead On eProcurement

PYMNTS

The New York Daily News reported last week that the city’s contract with source-to-pay technology firm Ivalua has seen its price tag increase from $30.5 It’s not the same as the private sector , he warned. That’s a far cry from the public sector’s procurement goals, Utley said.

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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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Billions Of Dollars Wasted, But Soaring SME Optimism

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have not yet given any relief to smaller businesses in the food sector. $2 the price tag for buying its competitor was $36 million, the firms said. 62% of small firms are planning raises for their employees this year , an optimistic figure found by Dun & Bradstreet in its latest Private Capital Access Index.

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