Fiserv buys LR2 Group

Payments Dive

The global payments processor said it paid $26 million to acquire the independent sales organization, which had been a long-time partner

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Retail, financial trade groups beg for coins

Payments Dive

That led a group of trade organizations to complain to the Treasury Department this week, and to ask for help in making consumers aware of the coin crisis A U.S. coin shortage subsided for a bit early last year, but the problem is back.

Groups 227

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Trending Sources

It’s Back to the Future for Payments


Digital adoption has exploded across all age groups. This blog is based on my keynote presentation at the 2021 Payments Canada SUMMIT Payments leaders probably feel like they are living in the future right now. The pandemic changed the industry forever.

Uber Eats Introduces Group Ordering


Uber has introduced a group ordering option, the company said in a blog post. . Whether you’re at the office, going to a friend’s place or hosting at home, coordinating group meals can be challenging — especially when you and your guests are hungry and the clock is ticking,” the company said.

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ABCs of Data Normalization for B2B Marketers

Data normalization. It’s not a far stretch to suggest that the topic isn’t exactly what gets marketers excited in their day-to-day workflow. However, if lead generation, reporting, and measuring ROI is important to your marketing team, then data normalization matters - a lot. In this eBook, we’ll break down the ins and outs of data normalization and review why it’s so critical for your marketing strategies and goals!

Consumer group US PIRG seeks BNPL crackdown

Payments Dive

A report this month from the organization outlines a litany of complaints about buy now-pay later, such as hidden fees, and suggests the industry is trying to evade consumer protection laws

Groups 227

Advocacy group points to BNPL 'warning signs'

Payments Dive

As scrutiny of buy now-pay later comes to a head, a survey from advocacy organization Financial Health Network revealed financially vulnerable households are almost four times more likely to use BNPL to make purchases than those that are financially healthy

Groups 195

Checkout startup Bolt sued by fashion brand group

Payments Dive

Checkout startup Bolt Financial is being sued by Authentic Brands Group, which owns the rights to a pack of brands from Forever 21 to Nautica to Spyder.

China's Retail Investors Order Over $2.8T Of Ant Group Stock


Ant Group indicated on Thursday (Oct. Individual investors in Hong Kong have rushed to purchase into the initial public offering (IPO), as they wager that Ant Group will spike in value following its public debut on Thursday (Nov. 29) that retail investors in mainland China made over $2.8

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Ant Group Reels In Small Investors As IPO Nears


FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate of China-based Alibaba Group Holding.

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What Will Ant Group Look Like A Year From Now?


What’s next for Ant Group – and by extension, Jack Ma? . As reported earlier this month , the Shanghai Stock Exchange delayed Ant Group’s record initial public offering (IPO). In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. .

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Ascena Retail Group Considers Bankruptcy Filing


With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Retail Ann Taylor Ascena Retail Group bankruptcy Catherine’s Lane Bryant News What's Hot

Groups 163

First Citizens, CIT Group Merger Will Create $100B Bank


billion all-stock merger deal between First Citizens and CIT Group will result in the creation of the 19 th biggest U.S. Partnerships / Acquisitions acquisitions banking CIT Group First Citizens M&A mergers News partnerships What's HotAn approximate $2.2

Groups 190

Blaming cards for high gas prices doesn't make sense, trade group argues

Payments Dive

The leader of the Electronic Payments Coalition tells people looking to blame credit and debit card companies for higher gas prices to find a different scapegoat

Groups 307

Western Union Teams With Isabel Group To Offer Payments In Belgium


The business division of Western Union will work with Isabel Group , a Belgian company providing multi-bank services through its B2B network Isabel 6, to grow connectivity in Belgium, according to a press release.

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Jack Ma Tells Chinese Regulators Ant Group Not A Bank


As China's Ant Group readies for its IPO — the biggest ever — founder Jack Ma wanted to clarify that the company is a tech firm, not a bank, Reuters reports. IPO Ant Group Digital Banking Innovation international Investment IPOs jack ma News What's Hot

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Report: Jack Ma Offered Part Of Ant Group To Chinese Government To Smooth Over IPO Fiasco


An Ant Group spokesman refused to discuss the substance of the meeting involving Ma and regulators, WSJ reported. WSJ reported that the dispute between Ma and government officials was the cause for the cancellation of Ant Group's planned initial public offering (IPO) earlier this year.

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Many Restaurant Groups Waiting For Vaccine Before Reopening Dining Rooms


Union Square Hospitality Group founder and CEO Danny Meyer said he doesn’t see reopening the dining rooms of his 19 restaurants located across New York City until after there is a vaccine for the coronavirus.

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Foreign Investors Stand To Gain $8B With Ant Group’s IPO


Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. IPO Ant Group international Investments ipo News What's Hot

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Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO


Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The launch comes a few weeks after Ant Group filed its initial public offering (IPO), which could be the biggest listing in the country’s history.

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Postmates Rolls Out Group Ordering


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. Name your group, set a spend limit for your guests, and share it out.”. DoorDash has been offering group orders on its site since 2015 and on its app since 2017, while Caviar (now owned by DoorDash) offers group orders on a desktop web browser.

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Ant Group Launches Copyright Services Platform


If so, Chinese FinTech Ant Group has a deal for you. As Ant Group is on the verge of launching a blockbuster, $35 billion IPO , its blockchain business, AntChain, has unveiled a new platform designed to help those on the creative side of the aisle protect their work from poachers.

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Eurozone banks form payments group to take on Visa, Mastercard

Payments Dive

A group of Eurozone banks are coming together to provide some competition in the payments space against Visa and Mastercard

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55-Plus Group Lends Optimism To Travel Operators


British travelers age 55 and older buoyed by confidence in newly approved COVID-19 vaccinations are driving a powerful surge in trip bookings, the Financial Times reports. The paper cited positive data from a large swath of UK tour operators.

Coupa Acquires BELLIN Group To Boost Treasury Services


Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release. B2B Payments Acquiring Acquisition B2B BELLIN Group Coupa software News spend management treasury management What's Hot In B2B

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Alibaba’s Ant Group Produces Preparatory Regulatory Filing For Intended IPO


Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported. Hangzhou, China-based Ant Group was rolled out in 2014 to offer international financial services.

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Ant Group Curbs Credit Limits Of Some Users Of Virtual Credit Cards


In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. Ant Group is best known for its wildly popular payment and loans app Alipay , which has both online and mobile platforms.

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CBDC poses threat to banks, trade groups tell Fed

Payments Dive

A U.S. digital dollar would take $720 billion in deposits out of banks even if the central bank were to cap accounts at $5,000 per "end user," the American Bankers Association wrote in a letter

Groups 195

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 technologybillion, is China’s largest private investment conglomerate, has confirmed that it has invested “tens of millions of yuan,” or multi-millions of US dollars, into a Shanghai-based startup responsible for a local blockchain technology platform.

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Ant Group Moves Ahead With $35B IPO After China's OK


Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. The Ant Group listing would be the first to be on both the new STAR Market in Shanghai and in Hong Kong.

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Astralis Group Bets On eSports Digital 3.0 Transformation


As the chief operating officer and co-founder of Copenhagen-based Astralis Group , Jakob Lund Kristensen walks both sides of the eSports line. Astralis is a group of eSports teams that is pioneering the approach to the eSports industry by treating its gamers like athletes.

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TCC Group Bids For Tesco’s Asia Stores


His TCC Group has put in a bid for the Tesco’s assets, with funding already in place in the event that the bid is successful, The Wall Street Journal reported, citing unnamed sources. The British group has 74 locations in Malaysia, where it has operated since 2006.

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Ant Group Overhauling Operations To Satisfy Chinese Regulators 


After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. Regulation Ant Group china international jack ma News regulations What's Hot

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Chinese Government Asks Ant Group To Share Consumer Data


Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group , which he's largely resisted doing for years, The Wall Street Journal (WSJ) reports.

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Benetton Group Teams With Retail Intelligence Firm EDITED


Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec.

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