Postmates Rolls Out Group Ordering

PYMNTS

Postmates is joining DoorDash and Caviar in offering its customers the option to place group orders. Group Orders allow you to share orders with friends so they can add items into your shared basket,” the company explained.

Groups 229

Facebook Accused Of Exposing User Data Via Groups

PYMNTS

The Federal Trade Commission ( FTC ) has received a complaint against Facebook that alleges the social media giant wrongfully disclosed information on members of closed groups. Facebook closed groups Complaint data FTC groups Health News privacy social media

Groups 241

Facebook Sues NSO Group Over WhatsApp Hack

PYMNTS

Facebook is filing a lawsuit against NSO Group , an Israeli cybersecurity company, alleging that it hacked WhatsApp users, according to CNBC. Facebook also named a second organization in the suit: Q Cyber, which is a company affiliated with NSO Group.

Groups 130

UBS Leads New Blockchain Settlement Group

PYMNTS

An emerging group of financial services firms led by UBS Group is looking to develop a crypto-based system to settle cross-border trades. Credit Suisse Group AG, Bank of New York Mellon Corp., Blockchain cross border trade cryptocurrency News UBS Group What's Hot

Groups 181

Carlyle Group Makes Large Investment In AI Hiring Firm HireVue

PYMNTS

Large investment and equity firm Carlyle Group has taken a majority stake in an artificial intelligence (AI) hiring firm called HireVue, according to a report by Bloomberg. Blackstone Group, another investment firm, is also trying to execute more growth equity investments.

Groups 198

Aite Group’s von Wezel: Open banking is facing a trust deficit

Bank Innovation

Though open banking is gaining advocates in the financial industry and regulatory bodies, a recent Aite Group study suggests many consumers may not be ready for it. The core problem, according to a recent Aite Group study, is an understanding gap.

Groups 130

Dozens Of Cybercrime Groups Found On Facebook

PYMNTS

Dozens of cybercriminal groups have found a home on Facebook , using the platform’s online marketplace to sell illegal services such as stolen credit card information, as well as account theft and spamming tools, according to Cisco Systems’ Talos security unit.

Groups 235

Creative Group FinTech Lands $25M To Expand Into 30 Countries

PYMNTS

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances.

Groups 194

Foundry Group Leads $30M Seed Funding For Matchstick Ventures

PYMNTS

Paul-based Matchstick Ventures raised $30 million in a second seed funding round led by Foundry Group, reports said on Friday (Sept. We’ve co-invested and served on boards with them and [Foundry Group Managing Director] Seth Levine has been an official advisor to Matchstick since inception.

Groups 164

Business Advocacy Groups Fight Proposed Transaction Tax

PYMNTS

Business advocacy groups are fighting a proposed financial transaction tax aimed at limiting high-frequency trading, and decreasing the budget deficit. ” Regulation advocacy groups AFP financial transactions Modern Markets Initiative News tax What's Hot

Groups 181

Facebook Brings Subscription Service To Groups

PYMNTS

Facebook announced that it is testing out subscriptions with a small number of groups to support group admins who lead the communities. Group admins build safe and supportive communities that people come back to every day,” wrote Alex Deve, Product Director, Groups, at Facebook. “We The groups will then share input and feedback with the social media giant. With this new subscription service, reports say that the group admins will be allowed charge $4.99

Groups 175

UK Casual Dining Firm The Restaurant Group Shutters 150 Eateries

PYMNTS

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. Retail News Restaurants The Restaurant Group U.K.

Groups 170

Postmates Adds Cost-Free Group Delivery

PYMNTS

Delivery and pickup company Postmates has added a free group delivery option, according to reports. . The service is called Postmates Party, and it lets customers have meals delivered as part of a group. Delivery food delivery Group delivery News Postmates Postmates Party What's Hot

Groups 170

International Payments Firm Equals Group Acquires Hermex For £2M

PYMNTS

FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a press release on Friday (Aug.

Groups 163

CPI Card Group Launches Second Wave Cards For New Markets

PYMNTS

CPI Card Group announced that it has launched Second Wave cards for markets including transit, hospitality, entertainment and more. Payment Methods CPI Card Group credit card Digital Payments Mobile Payments News recycled plastic Second Wave What's Hot

Groups 130

Hazeltree Acquires ENSO From CME Group

PYMNTS

Hazeltree announced it has acquired ENSO Financial Analytics (ENSO), a leading provider of portfolio analytics for hedge funds and prime brokers, from CME Group for an undisclosed amount.

Groups 172

Airbnb Rolls Out Group Payments

PYMNTS

Booking a group trip on Airbnb just got easier: Users now have the ability to split payments with their fellow travelers. A recent poll from Airbnb found that 43 percent of users have lost $1,000 or more in repayments from group trips, 18 percent say they’ve lost $10,000 or more from not getting repaid after group trips and 29 percent have fought with a friend over group trip repayment.

Groups 142

Taking The Pain Out Of Group Outings

PYMNTS

Every group of friends has a social director, Fevo CEO Ari Daie told Karen Webster in this week’s Matchmakers conversation – that one person who organizes the cats and gets a group of otherwise passive adults organized for a game, concert or weekend trip. They have to organize the group, figure out when everyone is free, what they want to pay for tickets and then how to purchase that block of tickets for the group. [link].

Groups 175

Chinese Conglomerate Fosun Group Bets Big on Blockchain

Bank Innovation

A representative of Fosun Group, which, at $13.1 Commerce Corporate Cryptocurrency Exclusive Insurance Payments Security Startups Antshares BlockChain cryptocurrency Fosun Group Onchain technology

Groups 202

SWIFT, Ripple Support EU Blockchain Group Launch

PYMNTS

The group — the International Association of Trusted Blockchain Applications ( INATBA ) — officially launched on April 3 in Brussels and includes SWIFT, IBM, Ripple and around 100 other companies and organizations.

Groups 240

NY Fed Creates FinTech Advisory Group

PYMNTS

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. The group plans to hold its first meeting on April 1.

Groups 204

WHSmith To Acquire Marshall Retail Group

PYMNTS

WHSmith has revealed it will acquire Marshall Retail Group (MRG) in an effort to boost its presence in U.S. Retail Acquisition M&A Marshall Retail Group MRG News travel What's Hot WHSmithairports, according to Financial Times. The U.K. company will buy Las Vegas-based MRG from Brentwood Associates for $400 million. The deal would “broadly double” the size of WHSmith’s international travel business, with the acquisition financed through a combination of new debt and equity.

Groups 100

OYO Acquires Leisure Group For Europe Expansion

PYMNTS

Indian budget hotel startup OYO, which is backed by companies like Airbnb, SoftBank and Didi, has acquired @Leisure Group from Axel Springer for around $415 million (€369.5 The @Leisure Group is a great partner, and we are excited to broad-base their offerings.

Groups 141

CIT Group's digital bank adds checking

BankThink

Digital banking Consumer banking Mobile banking Deposits CIT GroupThe company says it's responding to the feedback of consumers who want online options beyond savings products.

Equifax, Gwynn Group Pair On AR Solution

PYMNTS

Equifax and Gwynn Group announced they are collaborating on an accounts receivable (AR) management solution that can support the entire collections life cycle.

Groups 141

Payment Firm Moneycorp Acquires Australia’s Rochford Group

PYMNTS

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. We can help accelerate Rochford’s growth by deploying their operating model through the moneycorp group.”.

Groups 153

Palestinian Terrorist Group Uses Bitcoin To Raise Money

PYMNTS

Hamas, the militant Palestinian group, has come up with a new way to raise funds for its terror campaigns: bitcoin.

Citizens Financial Group Launches Neobank Citizens Access

Bank Innovation

Citizens Financial Group joins the latest band of established FIs in launching its version of a digital-first bank called Citizens Access.

Groups 173

Sterling Bancorp Names Leaders Of Innovation Finance Group

PYMNTS

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it.

Groups 130

How Ship Wants To Make Digital Dating A Group Activity

PYMNTS

This is why on first glance Match Group’s recently released Ship seems like something of an oddity. The app encourages singles looking to mingle to construct a group — their romance braintrust if you will — of people who are allowed to swipe for them.

Groups 186

JD.com, Central Group Team Up For FinServ App

PYMNTS

JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local banks and increase the companies’ online presence, according to a report by Reuters. Central Group is owned by the Chirativat family.

Groups 211

City Of London Group Announces £15.2M In Funding

PYMNTS

City of London Group (COLG) announced that it has raised £15.2 B2B Payments B2B banking City of London Group FinServ funding News Recognise Bank Shares SMB What's Hot In B2B

Groups 182

BharatPe Notches $15.5M In Funding; Eika Group Teams With EedenBull

PYMNTS

Norwegian banking alliance Eika Group is teaming up with EedenBull , India’s FinTech startup BharatPe notched $15.5 Eika Group, a Norwegian banking alliance, is teaming up with EedenBull for a partnership to create payment programs, EedenBull said in an announcement.

Groups 176

Investor Group, Including Amazon, Buys Disney’s $3.47B Stake In YES Network

PYMNTS

The Walt Disney Company announced that it has sold its equity interest in the YES Network to a newly formed investor group that includes Yankee Global Enterprises, Sinclair Broadcast Group, and Amazon.

Groups 172

City Of London Group Preps UK Banking License For Recognise

PYMNTS

Another industry player, City of London Group, is slated to submit its U.K. “This has been another year of considerable progress for the City of London Group,” said Michael Goldstein, the firm’s chief executive. The U.K.

Groups 141

Facebook Adds Group Stories

PYMNTS

Separately, Facebook said it is also rolling out Stories for Groups and Events , which will enable users to add posts that the rest of the group can view. Users will see Stories on their Event and Group pages, as well as at the top of their News Feeds, and will also be able to post while inside Events and Groups. Facebook’s Groups are focused on specific topics, such as hobbies, professions and locations.

Groups 109

CME Group Announces Plans for Bitcoin Futures, Causing Price Surge

Bank Innovation

Exchange operator CME Group has announced plans to launch bitcoin futures in the fourth quarter. Cryptocurrency Exclusive Online Payments Bitcoin bitcoin futures CME Group cryptocurrency futures

Groups 151

CUs, Bank Trade Groups Clash Over CFPB Regs

PYMNTS

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Regulation assets Banks CFPB Consumer abuse credit unions News regulations trade groups What's Hot

Groups 153

Advocacy Groups Call On FTC To Break Up Facebook

PYMNTS

Facebook is facing breakup calls from a handful of advocacy groups that want the Federal Trade Commission to explore breaking up the social media giant. The group argued in the draft letter that Facebook should be forced to unwind those acquisitions because it didn’t protect users’ data.

Groups 163

Japan’s Monex Group Wants In On Libra

PYMNTS

Japan’s financial services giant Monex Group Inc. The owner of the hacked Japanese crypto exchange Coincheck is looking to join Facebook’s Libra cryptocurrency project. announced the company filed an application to join the Libra Association, CoinTelegraph reported on Friday (July 26).

Groups 220

PayPal CEO Takes Stance On Hate Groups

PYMNTS

PayPal Chief Executive Dan Schulman has opted to take a stance against groups promoting hate and laws that discriminate, even facing lawsuits to stand up for what the company believes is right.

Groups 179

North Korean Hacking Group Lazarus Takes In $571M

PYMNTS

The group also noted that it expects digital currency exchange attacks to increase across the board – not just those by Lazarus. In addition, groups that typically attack banks may decide to target crypto exchanges because they realize those heists can be fruitful.

Groups 273

Central Group Invests $200M In Local Grab Unit

PYMNTS

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. Investments Central Group Grab investments News ride-hailing Thailand What's Hot

Groups 153