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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. The agreement — which was set to expire in 2020 — bars Live Nation from forcing venues to use Ticketmaster when they want to book tours, as well as retaliating when a venue uses another ticketing service.

National 130
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eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors

PYMNTS

The Hanoi-based MoMo plans to use the cash infusion to finance plans to become a “super-app” and go public in 2025, according to the news service, citing both the company and a source familiar with the deal. We hope to go public in the 2021-2025 period, possibly in 2025.

Capital 154
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FDA eCig Crackdown Boosts Appeal Of Online Authentication

PYMNTS

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. This will have a huge impact,” Hochrieser told PYMNTS. “It

Online 152
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Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Government-issued digital identities are not just the realm of sovereign nations. billion by 2024. Developments From Around The World Of Digital ID.

Online 144
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Indonesia Likely To Implement Flat Rates For Digital Wallet Payments

PYMNTS

In addition, the proposed changes would divide the transaction fees equally among the eWallet companies, middle-men payment processors and the Indonesian lender consortium (the National Electronic Transaction Settlement). There are plans to issue five million PayLater cards by 2025.

Payments 131
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Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retailer, for its part, has reopened approximately half of its stores throughout the nation.

Retail 235
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Amazon Sets Sights On Southeast Asia

PYMNTS

Two of its nations (Indonesia and Thailand) are ranked in the top 20 economies by their GDP. So while online retail accounts for about 5 percent of Southeast Asian commerce today, the region’s internet economy is poised to grow tremendously by 2025, with a projected annual worth of over $200 billion.

Regional 148