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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. Here on Earth, there was a 1.7 second signal arrival delay. Big Think ) • School of Hard Laughs : A rabbi, Jay Leno and a Proud Boys lawyer walk into a bar … for Adam Carolla’s inaugural Comedy Fantasy Camp.

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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

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. 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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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. 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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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.