Uber Eats Introduces Group Ordering

PYMNTS

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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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.

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TCC Group Bids For Tesco’s Asia Stores

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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.

Groups 180

Global Savings Group Closes €123.5M Deal To Buy iGraal

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Germany’s eCommerce site Global Savings Group (GSG) has struck a €123.5 million deal with French media company M6 Group to acquire its subsidiary iGraal, France ’s largest cashback firm.

Groups 141

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

FMCG Data Startup Convert Group Notches €1.2 Million

PYMNTS

To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 Retail Convert Group ecommerce Investments News What's Hot

Groups 163

Central Retail Group Eyes $2.7B IPO

PYMNTS

Central Retail, which is part of the billionaire Chirativat family’s Central Group, will sell up to 22.1 With its listing plans, parent company Central Group will delist its Robinson Pcl retail subsidiary.

Groups 158

Banking industry groups seek help on COVID-19

Mobile Payments Today

Trade organizations and government officials are burning the midnight oil to help ATM operators and small businesses impacted by COVID-19, but owners are concerned that time needed for saving their businesses could run out before help arrives

Groups 116

CIT Group Unveils New Version Of B2B POS Lending Platform

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CIT Group Inc. Speed is critical to our clients when they are trying to sell equipment or technology to a business customer,” said Ken Martin , managing director of CIT’s Small Business Solutions group.“That’s

Groups 170

Facebook Sues NSO Group Over WhatsApp Hack

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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 158

iPrice Group Notches $10M In Series B Investment

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With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Retail ACA Investments ecommerce Home Credit iPrice Group Line News What's Hot

Groups 151

UBS Leads New Blockchain Settlement Group

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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

Alibaba Group’s Retail Sales Surge 38 Pct In Q4

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In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. Daniel Zhang, Chairman and CEO of Alibaba Group, said in an earnings press release , “Alibaba Group experienced robust growth across our business this past quarter.

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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

Carlyle Group Makes Large Investment In AI Hiring Firm HireVue

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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

SWIFT Working Group To Create ISO 20022 Standard

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SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the move of cross-border transactions to the ISO 20022 standard.

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Airbnb Rolls Out Group Payments

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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.

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Business Advocacy Groups Fight Proposed Transaction Tax

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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

Taxes 181

Taking The Pain Out Of Group Outings

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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

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

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

Coronavirus Update: Italy Closes Most Retailers; CME Group Closes Trading Floor; Amazon Establishes Relief Fund

PYMNTS

Meanwhile, in the United States, CME Group will close its Chicago trading floor in a preventive measure against the spread of COVID-19. The floor would be closed as a precaution in line with advice from medical professionals, the group said per published reports.

Groups 151

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 139

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 199

Two more groups submit Singapore digital banking license bids

Bank Innovation

Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd.

Groups 161

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 158

International Payments Firm Equals Group Acquires Hermex For £2M

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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

UK Casual Dining Firm The Restaurant Group Shutters 150 Eateries

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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

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

UK Department Store Group Debenhams Requests Five-Month Rent Freeze

PYMNTS

The group also recently asked for a drop in business rates and rent in relation to its balance sheet restructuring, which could potentially involve a process that would turn 100 million pounds ($122.4

Groups 170

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 122

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

COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

The pain started to become very evident on Wednesday (March 18), as the trade group that represents mall owners asked for a government bailout and big retail names started to put a price tag on the revenue losses they expected to incur. For most retailers, this virus thing is starting to hurt.

Groups 163

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.

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