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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9 percent at R$170.31 ($43.45

Retail 108
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Operation Choke Point 2.0

Jeff For Banks

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. But in January 2021, the new OCC announced it would pause the "Fair Access" rule that was intended to prevent another Operation Choke Point.

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US banks named as being among least ethical UK operators

TheGuardian

Goldman Sachs and JPMorgan Chase both scored poorly due to their records on the environment, human rights and paying tax, according to a new study by Ethical Consumer magazine. Continue reading.

US 77
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Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations

PYMNTS

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

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Uber’s Offer For Daimler/BMW's Free Now Tops €1B

PYMNTS

21) report in the German monthly business magazine Manager Magazin, per Reuters. . Daimler is reportedly ready to sign, but Oliver Zipse, chief executive officer of BMW, has indicated that he would rather sell Uber just a stake in Free Now, the magazine said. Your Now is available in more than 100 cities.

Mobile 156
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Authentic Brands Buys Sports Illustrated To Build Licensing Empire

PYMNTS

To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website and publish its print magazine, The Wall Street Journal reported.

Branding 122
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Pizza Is The Food Of The Pandemic

PYMNTS

QSR magazine , which posits that America is entering the “golden age of pizza,” wrote recently that “the why isn’t complicated: Pizza brands came into the crisis, on a broad scale, already equipped to deliver and fulfill carryout service. It was ingrained not just in their operations, either, but in core consumer behavior as well.

New York 216