Goldman’s Marcus deposits near $100B, Jack Ma reappears, SPACs now on restaurant menu

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January 20, 2021

Subscription Commerce

Coke Says Things Go Better With … Subscriptions

Coca-Cola raised some eyebrows with the recent relaunch of its Coke Insiders subscription program. sticky.io CEO Brian Bogosian told Karen Webster that the program is a great way for the brand to better understand its consumers.

 

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Restaurant SPAC

SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis

As the restaurant industry struggles through the pandemic, two industry veterans are using a new financial model to go public. The new SPAC, called Tastemaker, received $276 million via IPO on Jan. 12. Its founders, Andy Pforzheimer and Dave Pace, told Karen Webster that the restaurant business is ready for a reset.

 

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Corporate Gift Cards

Corporate Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

That water bottle or pen that employees received for the holidays isn’t anything more than a kind gesture. But Nat Salvione, chief commercial officer of Tango Card, told PYMNTS that anything with a clear cash value needs to be reconciled with the tax implications.

 

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Digitizing Real Estate Sales 

Always Be Closing: Digital Infrastructure Company Drags Real Estate Out Of Analog

Qualia’s business is to enable middlemen to digitize ordinary functions like remote signing via phone or pulling all interested parties together on one common platform. As Qualia CEO Nate Baker said in an interview with PYMNTS, a shared platform of record can simplify and demystify the homeownership process.

 

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B2B Payments Platforms 

Pandemic Wake-Up Call Drives Integrated B2B Platforms

The coronavirus crisis made some of the biggest pain points in corporates’ financial workflows no longer sustainable in such a volatile climate. Rajiv Ramachandran, senior vice president, product strategy and management at Coupa, and Sinead Fitzmaurice, CEO of TransferMate, tell PYMNTS 

how integrated platforms create the efficiencies and data transparency chief financial officers now require as they continue to wade through uncertainty.

 

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Instant Payments

Mastercard Says Odds Favor Instant Payments For Online Gamers And Gamblers

Mastercard estimates the online gaming and gambling market at about $120 billion. Senior Vice President of Digital Payments Silvana Hernandez told PYMNTS that the players are like everyone else: They want their money, and they want it now.

 

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