TheGuardian

APRIL 8, 2021

Group will repay UK government £15.5m worth of furlough payments as profits surge to £127m The Co-operative group is to repay £15.5m in furlough payments to the government, but will hold on to more than £66m in business rates relief despite announcing a surge in profits during the pandemic.

Groups 77

Groups Operations Payments Industry 77

PYMNTS

DECEMBER 4, 2020

and a consortium of Southeast Asia’s Grab Holdings and technology group Singtel. Authorities also selected China’s Ant Group and a consortium of Greenland Financial Holdings Group, Linklogis Hong Kong Ltd., and Beijing Co-operative Equity Investment Fund Management Co.

Digital Banking 164

Digital Banking Groups Meeting Fintech 164

PYMNTS

AUGUST 31, 2020

Seven weeks after the corporate parent of New York & Co. RTW Retailwinds , a New York-based specialty apparel retailer, announced the Saadia Group agreed to purchase its eCommerce business at a bankruptcy auction Friday (Aug. How We Will Shop,” included Cutter & Buck CEO Joel Freet , Natori Co.

New York 141

New York Los Angeles New Jersey Groups 141

PYMNTS

OCTOBER 11, 2020

He previously was chief operating officer at Omnio Group and President of BancTec EMEA, according to Paynetics. We’re operating within the most sophisticated financial services market in the world, and we’re proud to bring something different to the table.”. and European markets.”. and European markets.”.

Operations 264

Operations Cards Software Payments 264

PYMNTS

JULY 6, 2020

Jakarta-based Payfazz operates through agents — the company’s network consisted of more than a quarter million — who process payments to pay utility bills, buy telephone time and add to mobile wallets, Tech in Asia reported. residents in the same age group have bank accounts. About 93 percent of U.S.

Capital 211

Capital Groups Report Mobile 211

PYMNTS

JUNE 8, 2020

The Saudi Arabia-based company hopes to take advantage of the surge in demand for its online delivery business due to the shutdown. Founded in 1984, BinDawood operates 73 stores across Saudi Arabia with 10,000 employees. Bloomberg reported that BinDawood is working with Goldman Sachs Group Inc., Morgan Chase & Co. ,

Massachusetts 130

Massachusetts Capital Retail Operations 130

PYMNTS

JUNE 3, 2020

The parent company of New York & Co. , said in its filing with the Securities and Exchange Commission (SEC) that there’s “substantial doubt” about its ability to do business, bankruptcy is “probable” without seeking bankruptcy protection, and “it does not have ability to raise additional capital at this time.”

New York 151

New York Retail Groups Survey 151

PYMNTS

AUGUST 20, 2020

Alibaba Group Holding Co. Alibaba Group Chairman and CEO Daniel Zhang said in a press release that the company was “well positioned to capture growth from the ongoing digital transformation, which has been accelerated by the pandemic, in both consumption and enterprise operations.”. Ant Group contributed earnings of $433.7

Groups 169

Groups Retail Mobile Community 169

PYMNTS

JANUARY 13, 2021

Berlin-based Auto1 Group said on Wednesday (Jan. Auto1 said it would put about three-quarters of that back into its business, which includes its Autohero website brand. In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. Auto1 serves both consumers and dealers.

Online 131

Online Groups Branding Marketing 131

PYMNTS

JUNE 24, 2020

The retailer, along with Harbin Pharmaceutical Group Holding Co., and a sizable majority of supporting secured lenders, have come to a deal “in principle” for a sale of GNC’s business. The retailer, along with Harbin Pharmaceutical Group Holding Co., At that time, improved bids can be brought forward.

Retail 186

Retail Strategy Branding Security 186

PYMNTS

SEPTEMBER 22, 2020

22) announced new services to help co-workers share Uber rides. The offerings, which will roll out in the "new few weeks," according to a company post , are among Uber for Business initiatives aimed at profiting from companies’ move to bring workers back into offices. Uber on Tuesday (Sept.

United States 150

United States Guidelines Google Branding 150

PYMNTS

MARCH 12, 2020

Standard Chartered has launched a new “Banking as a Service” solution called nexus that will allow digital platforms, eCommerce operations, social media sites and ride-hailing companies to offer credit cards, loans and savings accounts under their own brand name, according to a release. .

social media 167

social media Groups Marketing Strategy 167

PYMNTS

SEPTEMBER 18, 2020

Next Insurance , the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 Last fall, it raised $250 million from Munich Re Group, the Munich, Germany-based reinsurer, which gave it a valuation of more than $1 billion. and Redpoint Ventures.

Security 175

Security California Capital Policies 175

PYMNTS

OCTOBER 2, 2019

The co-founder of a cryptocurrency hash power broker has been arrested in Germany over charges in the United States that he is one of several hackers who stole millions of dollars. Hard Fork reported that Matjaz Skorjanc, the co-founder of NiceHash, was reportedly taken into custody on Monday (Sept.

blockchain 145

blockchain Security Bitcoin United States 145

PYMNTS

APRIL 8, 2020

Pacific Century Group (PCG) led the round, while Visa and MassMutual Ventures Southeast Asia were among the other investors. The ultimate goal for Neat is to allow customers to run a business easily and without stress, the release stated. The money from this funding round will enable Neat to further international expansion.

Fintech 237

Fintech Cards Software Tools 237

PYMNTS

DECEMBER 6, 2019

Also, the co-founder of Boston-based payments firm Circle will step down from his co-CEO role at the end of the month. And Uber has debuted a group ordering option. Circle Co-Founder, Sean Neville, To Depart At Month’s End. Uber Eats Introduces Group Ordering. Uber Eats has debuted a group ordering option.

Training 130

Training Boston Payments Tools 130

PYMNTS

JUNE 18, 2019

GuestReady Group , a startup that helps hosts on Airbnb and other similar sites, revealed that it has raised $6 million in Series A funding. The round was co-led by Abramovich-backed Impulse VC and Dubai-based VentureSouq , while many existing investors, including Boost Heroes, Aria Group and 808 Tech Ventures also participated.

Groups 101

Groups Operations Management System 101

Bobsguide

APRIL 12, 2022

Dublin, 1 April 2022: Leading Irish private equity firm, Melior Equity Partners, has agreed an investment in Salmon Software, a fast-growing financial software business that provides customers with a world-class treasury management software system. Melior Equity Partners was founded in 2019 by Jonathan Cosgrave and Peter Garvey.

Software 147

Software System Management Groups 147

PYMNTS

FEBRUARY 26, 2020

The BRC Capability and Innovation Fund, which has been handing out capital to challenger banks that focus on small business lending, had promised 30 new locations. The banks beat out better-known organizations like TSB Bank, The Co-operative Bank and CYBG. Metro got the most money out of the total amount, receiving £120 million.

Metro 154

Metro Lending Strategy Taxes 154

PYMNTS

AUGUST 31, 2020

Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Reliance’s purchase of Future Group is similar to Amazon’s acquisition of Whole Foods , but at a much bigger scale. Whole Foods has 497 stores.

Retail 263

Retail Online Groups Industry 263

PYMNTS

SEPTEMBER 16, 2019

Mukul Sachan, the co-founder and chief operating officer (COO) of India-based alternative small business lender Lendingkart, is stepping down from the post. Sachan co-founded Lendingkart in 2014 alongside Harshvardhan Lunia, who serves as the firm’s CEO. YourStory reports said Friday (Sept.

US 148

US Operations Management Report 148

PYMNTS

MAY 29, 2019

A group of investors has acquired Sureswipe , a South African payments company, for an undisclosed amount. However, all three entities will operate separately. By layering a common shared services platform across the three businesses, CTS will provide merchants a ‘one-stop shop’ to help them grow their business.”.

Cards 162

Cards Fintech Retail Operations 162

PYMNTS

OCTOBER 22, 2020

Plus, Ant Group has received approval from top security regulators for its Shanghai offering. Co-Founder and Chief Executive Officer Nicholas Sunden-Cullberg said the infusion will also assist the 2014 startup in taking control of the consumer loan space. Ant Group Moves Ahead With $35B IPO After China's OK.

Security 134

Security Groups Payments Regulation 134

PYMNTS

JUNE 24, 2020

s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 Those who are left taking part in the auction are Adevinta ASA, Prosus NV, and a group composed of Blackstone Group Inc., And, in May, news surfaced that KKR & Co.-backed

NV 141

NV Groups Taxes Report 141

PYMNTS

MAY 18, 2020

It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May 18) regarding the firm’s WeWork investment, which went south, Business Insider reported. “It Oyo, Uber, Zume and WeWork have laid off more than 8,000 people since January, Business Insider reported.

New York 148

New York Groups Report Operations 148

PYMNTS

OCTOBER 21, 2020

Social-Commerce-as-a-Service app PowerBuy has rolled out its Multi Product PowerBuy group buying functionality, which is now available via the Shopify app store. Retailers on Shopify can now add social group purchasing to their eCommerce storefronts, according to a Wednesday (Oct. 21) announcement.

social media 140

social media New York Software Retail 140

PYMNTS

JUNE 5, 2020

The Menlo Park, California-based private equity firm said Friday (June 5) it will buy an additional stake worth $600 million in the Indian telecom operator, TechCrunch reported. Also on Friday, PYMNTS reported Mubadala Investment Co., billion, and private equity groups KKR, Vista Equity Partners and General Atlantic.

California 141

California Report Management Groups 141

Perficient

JANUARY 28, 2021

Operation Step- A singular step in the WIP Job to create the Assembly. Attaching legs to a table is an operation step. Routing – The ordering of Operation Steps to be followed to complete the assembly. Co-product – A planned secondary end-unit from an assembly. Also known as a Multi-level BOM.

Maine 332

Maine Examples Operations Groups 332

PYMNTS

NOVEMBER 27, 2018

Business Insider Australia said Monday (November 26) that Credit Suisse has provided the credit facility worth AUS$350 million to fuel Judo’s small business lending operations. Judo has a high quality management team and a scalable business model,” he said. “It billion USD].”.

Lending 134

Lending Capital Fintech National 134

PYMNTS

MAY 26, 2020

TIS CEO and Co-Founder Jörg Wiemer said in the announcement, “We are proud to have Aquiline on board alongside our existing investors. More than ever, companies who operate globally need to be able to rely on solutions that support their business-critical payment processes.”. This investment will help accelerate our growth.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

JANUARY 24, 2020

To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The first members have businesses in diverse industries like household goods, technology and beauty. Saltbox is the solution.”.

Atlanta 131

Atlanta Seattle Community Industry 131

PYMNTS

MARCH 1, 2019

Ant Financial has led a $500 million investment in startup Danke Apartments, a Beijing-based co-living group. The catch is that the operators receive a year of rent from the loan and pay the landlords monthly, which allows the excess cash to be used to look for new rentals and expand business.

Groups 141

Groups Capital Lending Operations 141

PYMNTS

JUNE 25, 2020

Under the proposal, emerging companies that participate in the program can apply for a conditional license from DFS if they partner with an existing firm authorized by DFS to engage in virtual currency business activity. Samsung Electronics Co. plans to offer a Samsung Pay Card that will operate like a digital wall for customers.

New York 248

New York cryptocurrency Regulation Samsung 248

Perficient

NOVEMBER 4, 2020

You will not find a more hawkish group in partnering with customers to find the best fit-for-purpose solutions for them, similar to the way a hive above is the perfect fit for its occupants. Geographical PV groups leading to bespoke processes or technology? The company had geographically separate PV groups. The client chose #2.

Groups 309

Groups US Meeting Case Study 309

PYMNTS

SEPTEMBER 18, 2020

Next Insurance , the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 Last fall, it raised $250 million from Munich Re Group, the Munich, Germany-based reinsurer, which gave it a valuation of more than $1 billion. and Redpoint Ventures.

Report 148

Report California Capital Policies 148

Independent Banker

JANUARY 31, 2022

Despite the large number of PPP loans distributed to small businesses, funding didn’t always reach those who needed it the most. The CARES Act of 2020 included a “Sense of the Senate” provision stating that the Small Business Administration (SBA) should issue guidance for lenders about prioritizing underserved groups for PPP loans.

Lending 150

Lending Community Community Bank Compliance 150

PYMNTS

AUGUST 14, 2020

Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery. ”

California 163

California Capital Fintech Security 163