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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Libra Association, launched in June 2019, describes itself as an “independent member organization.” In addition, government entities have become interested in “stablecoin” technology.

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2019: Big Payment, Commerce And Tech IPOs Loom On The Horizon

PYMNTS

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223
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Facebook Teams With Surge For India VC Brand Incubator

PYMNTS

Facebook has connected with Sequoia Capital India’s Surge accelerator initiative to roll out the fourth version of the VC Brand Incubator program in India, Deal Street Asia reported. In July 2019, Facebook announced partnerships with an array of VC funds as part of its VC Brand Incubator initiative.

Branding 116
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BI Ignite 2019 DEMOvation Application Deadline is Friday

Bank Innovation

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

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New Year, New Mergers Sizzle For Payments Companies

PYMNTS

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. Specifically, Global Blue focuses on tourists spending abroad, and offers products that help capitalize on tax-free shopping as they buy luxury goods. percent for the entirety of 2019.

Company 132
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BuzzFeed To Launch Unique Toy Store In NYC This Fall

PYMNTS

Toys will be featured at the front of the shop, while the back will be an “experiential” area where visitors can take photos to share on social media. Freeman, senior managing director at GlassRatner Advisory & Capital Group, recently said.

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India’s Retail Battle Attracts Fresh Energy

PYMNTS

According to a report that cited two people familiar with the company’s plans, Amazon would install 100 kiosks in malls across India by the conclusion of 2019. It has some 2 million entrepreneurs focused on India’s smaller towns and cities, the vice-president and managing director at Facebook India told the news service.

Retail 108