Новости за 18.03.2021

As Barak Fund Management looks for the green light to reshuffle a large trade finance fund, auditors are looking into concerns raised about the business, Bloomberg reported. In April, the firm prohibited investors from taking money out of its signature fund as a good portion of its assets became difficult to value. Now, the company […]

The past year has seen an unprecedented change in grocery habits, with mass adoption of digital and remote alternatives to the traditional in-store shopping journey, as consumers sought out COVID-safe ways to get the foods they needed. No businesses were better positioned to take advantage of this shift than those that had already built out […]

February may have been a good month for the restaurant industry in terms of job gains, but sales tell a different story. The National Restaurant Association, the “largest foodservice trade association in the world,” which represents over 500,000 U.S. restaurant businesses, reported on Tuesday (March 16) that sales dipped in February after a strong January. […]

Shanghai Renyimen Technology, parent of social media app Soul, has filed confidentially for an initial public offering (IPO) in the U.S., which could take place as soon as this year, according to Bloomberg. The parent company is set to raise around $300 million from the listing, although the deliberations are still in talks and may […]

Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era upswing in sales lasting longer, The Wall Street Journal (WSJ) reported. Carvana, among other similar retailers, has done well during the pandemic as consumers shifted toward digital methods of buying, […]

Morgan Stanley is now the first large U.S. bank to offer bitcoin funds to its wealth management clients, according to CNBC. The move is significant for bitcoin as Morgan Stanley is a titan in the banking world and has $4 trillion in client assets, CNBC reported. It also shows a step toward bitcoin becoming a […]

Sapiens International Corporation, which works in global software solutions for the insurance industry, will be working with ECHO Health on a partnership to give carriers a new digital payment solution through a singular portal, a Wednesday (March 17) press release said. ECHO works in the insurance industry to provide digital services for healthcare, workers’ compensation, […]

PayFit landed €90 million (approximately $108 million) in Series D funding to further its aim to streamline payroll and human resource management for every European small to medium-sized business (SMB), according to a Wednesday (March 17) announcement. BPI France, Large Venture and Eurazeo Growth headed up the investment round, which saw participation and support from […]

Next Insurance has collaborated with Amazon Business to let qualified members find tailored small business insurance, according to a Wednesday (March 17) press release. The collaboration will let Business Prime members simply get a quote from the digital InsurTech firm and expediently buy professional liability, general liability, commercial auto, workers’ compensation, and tools and equipment […]

The travel industry closed the books on 2020 with $1.1 trillion in losses, a 42 percent contraction from the previous year, plunging to $1.5 trillion from $2.6 trillion, the U.S. Travel Association announced Wednesday (March 17) in a press release, citing new data prepared by research firm Tourism Economics. Jobs relating to the travel industry […]

In today’s top news in digital-first banking, Sharonview Federal Credit Union has collaborated with Elan Financial Services on a credit card program, while BrightFi is joining forces with i2c to offer mobile financial services to underbanked and unbanked consumers. Plus, Chime is holding early talks on a potential stock market floatation. Elan, Sharonview Federal Credit […]

[Me, into smartphone:] “Doctor, it hurts when I do this.” [Physician, on screen:] “Two things, sir. First, stop doing that. Secondly, how did you get my personal mobile number?” It’s just another day in the remedial wonderland of telemedicine, tracked assiduously here in the form of the PYMNTS Provider Ranking of Telemedicine Apps. As we […]

Among the countries looking at central bank digital currencies (CBDCs) is Jamaica, CoinDesk reported. Nigel Clarke, Jamaica’s minister of finance, speaking at the annual National Budget Debate address to the legislature on March 9, said the CBDC will see a pilot by December before the official launch in 2022, according to CoinDesk. But he made […]