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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Silver Lake and other owners will retain roughly 42 percent of the combined company.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. How economic nexus policies play out with restricted substances .

Retail 109
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Facebook Tracker: East, West And Everything In Between

PYMNTS

Henrico County, Virginia. Last week, Virginia Governor Terry McAuliffe announced that Facebook would be building its next data center in Henrico County, just outside of Richmond, to the tune of $1 billion — $750 million for construction and $250 million for solar facilities to power the data center. San Francisco, California.

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Automobile Club of Southern California Insurance Review

MyBankTracker

Auto Insurance Study found that AAA had an overall satisfaction score of 826 out of 1,000, signaling brand loyalty among its policyholders. It’s worth noting that AAA insurance is a collection of branded products, services, and programs spread across several different companies and regions. How does ACSC work? Related Articles.

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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. The Bank That Gets Fintech.

Fintech 143
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

The Honest Company’s branding and promotional materials claimed that the firm’s goods were free of synthetic chemicals. Four years later in 2005, Hu claimed he needed to relocate Asenqua to Singapore, citing vague tax and privacy reasons for doing so. However, investors were not Moumen’s only targets.

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Politics, Retail And The Law Of Unintended Consequences

PYMNTS

This weekend, apparel retailers will be trying to clear out their winter inventory, car dealerships will try to catch the wave of early income tax refunds, and anyone looking to upgrade their TV or washer/dryer will be in heaven over the next three days. This, by now, may be old news to many.

Retail 101