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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 MORE
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. The complaint , which was filed with the FTC last month, alleges that “Facebook deceptively solicited patients to use its ‘Groups’ product to share personal health information about their health issues. Facebook closed groups Complaint data FTC groups Health News privacy social media MORE
As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to come, Bloomberg reported, citing unnamed sources. The news comes as Ant Group gained profits of $1.3 Alibaba Group Holding Co. MORE
Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . Ant Group was launched in 2014 to provide global financial services. MORE
The group finally recommended that the governors use the influence of the National Governor’s Association to convince states that haven’t yet required masks in public to do so immediately. MORE
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. Chef and restaurant group owner David Chang said he was permanently shuttering Nishi in Chelsea and Momofuku in Washington, D.C. . Restaurant innovation Daniel Humm Danny Meyer David Chang News reopen Restaurants Union Square Hospitality Group vaccine What's Hot MORE
based The Restaurant Group , which serves up casual dining, reportedly plans to close 125 locations. As many as 3,000 jobs could be at risk due to The Restaurant Group’s planned closures. According to the Financial Times , The Restaurant Group will use a “company voluntary arrangement” — which allows businesses to renegotiate debts with creditors. What The Restaurant Group wants to do is lower its rent in 85 locations to keep them operating. MORE
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. MORE
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. MORE
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]. MORE
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 MORE
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. Innovation AR Astralis Group Augmented Reality banking challenger bank digital digital natives eSports Featured News Gaming live gaming Lunar Mobile Applications NewsThe shift to Digital 3.0 MORE
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. MORE
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. MORE
New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). MORE
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. MORE
Citizens Financial Group joins the latest band of established FIs in launching its version of a digital-first bank called Citizens Access. MORE
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. MORE
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 futuresThe announcement by the operator, the largest in the world, prompted a surge for the currency that set bitcoin’s price to a record high (again) of $6,300. The launch of these futures is pending approval by regulators, according to a […]. MORE
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. MORE
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. MORE
Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release. ” BELLIN Group CEO Martin Bellin said he created the company initially as a way to combat the inadequacies he saw as a corporate treasurer earlier in his career. B2B Payments Acquiring Acquisition B2B BELLIN Group Coupa software News spend management treasury management What's Hot In B2B MORE
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 MORE
Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. Bitcoin acquisitions Blockchain coinbase digital currency group Luno MercaDolar News venezuela What's Hot MORE
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 HotA Chapter 11 filing would let the firm maintain the operation of some of its brands as it looks to sell other names and could come as early as July, Bloomberg reported, citing unnamed sources. MORE
A group of Eurozone banks are coming together to provide some competition in the payments space against Visa and Mastercard MORE
Ant Group , the online payment provider for China-based Alibaba Group Holding Ltd., 18), Shanghai regulators approved Ant Group’s request to proceed with its IPO share sale. Ant Group declined to comment in an emailed statement. MORE
In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. MORE
The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. Last month, Simon Property Group filed a similar lawsuit against Brooks Brothers seeking $8.7 Stern likes what Ingka Group, operator of IKEA stores, is doing. Retail bankruptcies COVID-19 Department Stores landlords Lawsuits News real estate Rent simon property group MORE
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. Central Group and CP All PCL, the other two conglomerates in Thailand, have also reportedly put forward bids. Tesco came into Thailand in 1998 by purchasing a majority stake in Lotus Supercenter from Charoen Pokphand Group for $365 million. To purchase the Asian assets of U.K. MORE
RecVue, which works in order-to-cash automation, has entered into a partnership with Effectus Group, a consulting firm working with technical accounting practices, to help companies access the best order-for-cash services and get money from B2B payments flowing more smoothly. MORE
Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd. MORE
has created a group to focus on strategy, digital platforms and innovation, The Wall Street Journal reported today. According to Wells, the Strategy, Digital Platform and Innovation group will report directly to the bank’s CEO, and will be responsible for all corporate strategy and […]. MORE
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. Carousel Customer Experience Open Banking Premium Retail Banking Aite Group APIs APIs open banking open banking MORE
Groups Related Topics PYMNTS
DECEMBER 5, 2019
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.
PYMNTS
SEPTEMBER 21, 2020
Ant Group , the online payment provider for China-based Alibaba Group Holding Ltd., 18), Shanghai regulators approved Ant Group’s request to proceed with its IPO share sale. Ant Group declined to comment in an emailed statement.
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PYMNTS
SEPTEMBER 20, 2020
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.
PYMNTS
AUGUST 14, 2020
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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PYMNTS
AUGUST 26, 2019
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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PYMNTS
JUNE 8, 2020
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 HotA Chapter 11 filing would let the firm maintain the operation of some of its brands as it looks to sell other names and could come as early as July, Bloomberg reported, citing unnamed sources.
PYMNTS
AUGUST 21, 2020
As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to come, Bloomberg reported, citing unnamed sources. The news comes as Ant Group gained profits of $1.3 Alibaba Group Holding Co.
Mobile Payments Today
JULY 2, 2020
A group of Eurozone banks are coming together to provide some competition in the payments space against Visa and Mastercard
PYMNTS
SEPTEMBER 22, 2020
In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services.
Bank Innovation
JANUARY 5, 2020
Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd.
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PYMNTS
SEPTEMBER 9, 2020
Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. Bitcoin acquisitions Blockchain coinbase digital currency group Luno MercaDolar News venezuela What's Hot
Mobile Payments Today
MARCH 24, 2020
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
PYMNTS
JUNE 17, 2020
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. Innovation AR Astralis Group Augmented Reality banking challenger bank digital digital natives eSports Featured News Gaming live gaming Lunar Mobile Applications NewsThe shift to Digital 3.0
Bank Innovation
JULY 11, 2018
Citizens Financial Group joins the latest band of established FIs in launching its version of a digital-first bank called Citizens Access.
Bank Innovation
AUGUST 23, 2017
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.
PYMNTS
JULY 7, 2020
The group finally recommended that the governors use the influence of the National Governor’s Association to convince states that haven’t yet required masks in public to do so immediately.
PYMNTS
JULY 8, 2020
Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . Ant Group was launched in 2014 to provide global financial services.
Bank Innovation
OCTOBER 31, 2017
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 futuresThe announcement by the operator, the largest in the world, prompted a surge for the currency that set bitcoin’s price to a record high (again) of $6,300. The launch of these futures is pending approval by regulators, according to a […].
PYMNTS
SEPTEMBER 13, 2020
New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ).
PYMNTS
DECEMBER 26, 2019
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.
PYMNTS
JUNE 14, 2020
Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release. ” BELLIN Group CEO Martin Bellin said he created the company initially as a way to combat the inadequacies he saw as a corporate treasurer earlier in his career. B2B Payments Acquiring Acquisition B2B BELLIN Group Coupa software News spend management treasury management What's Hot In B2B
PYMNTS
JUNE 21, 2018
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
PYMNTS
FEBRUARY 14, 2020
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
PYMNTS
NOVEMBER 29, 2017
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.
PYMNTS
FEBRUARY 19, 2019
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. The complaint , which was filed with the FTC last month, alleges that “Facebook deceptively solicited patients to use its ‘Groups’ product to share personal health information about their health issues. Facebook closed groups Complaint data FTC groups Health News privacy social media
PYMNTS
NOVEMBER 29, 2017
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].
PYMNTS
MAY 14, 2020
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. Chef and restaurant group owner David Chang said he was permanently shuttering Nishi in Chelsea and Momofuku in Washington, D.C. . Restaurant innovation Daniel Humm Danny Meyer David Chang News reopen Restaurants Union Square Hospitality Group vaccine What's Hot
PYMNTS
JULY 16, 2020
The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. Last month, Simon Property Group filed a similar lawsuit against Brooks Brothers seeking $8.7 Stern likes what Ingka Group, operator of IKEA stores, is doing. Retail bankruptcies COVID-19 Department Stores landlords Lawsuits News real estate Rent simon property group
Bank Innovation
OCTOBER 23, 2019
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. Carousel Customer Experience Open Banking Premium Retail Banking Aite Group APIs APIs open banking open banking
PYMNTS
MARCH 2, 2020
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. Central Group and CP All PCL, the other two conglomerates in Thailand, have also reportedly put forward bids. Tesco came into Thailand in 1998 by purchasing a majority stake in Lotus Supercenter from Charoen Pokphand Group for $365 million. To purchase the Asian assets of U.K.
Bank Innovation
FEBRUARY 11, 2020
has created a group to focus on strategy, digital platforms and innovation, The Wall Street Journal reported today. According to Wells, the Strategy, Digital Platform and Innovation group will report directly to the bank’s CEO, and will be responsible for all corporate strategy and […].
PYMNTS
FEBRUARY 13, 2020
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.
PYMNTS
JUNE 10, 2020
based The Restaurant Group , which serves up casual dining, reportedly plans to close 125 locations. As many as 3,000 jobs could be at risk due to The Restaurant Group’s planned closures. According to the Financial Times , The Restaurant Group will use a “company voluntary arrangement” — which allows businesses to renegotiate debts with creditors. What The Restaurant Group wants to do is lower its rent in 85 locations to keep them operating.
PYMNTS
SEPTEMBER 18, 2020
The chairman of a European industry trade group has warned the uneven rollout of 5G wireless technology could hurt companies. In a tweet Friday (Sept.
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