Uber Eats Introduces Group Ordering

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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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Ant Group's Planned IPO Could Raise A Record $35B

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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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Western Union Teams With Isabel Group To Offer Payments In Belgium

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

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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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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!

Postmates Rolls Out Group Ordering

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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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Ascena Retail Group Considers Bankruptcy Filing

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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.

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Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing

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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.

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Eurozone banks form payments group to take on Visa, Mastercard

Mobile Payments Today

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

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Today In Digital-First Banking: Paya To Buy The Payment Group; Purdue Federal Credit Union Taps Payrailz For Payment Services

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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.

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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.

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Bitcoin Daily: Digital Currency Group Buys Luno Exchange; Venezuela Bars MercaDolar, Coinbase Access

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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

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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

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Astralis Group Bets On eSports Digital 3.0 Transformation

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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

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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.

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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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Retail Group Fights Back Against Anti-Maskers

PYMNTS

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.

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Report: Alibaba’s Ant Group Plans Hong Kong IPO At $200B+

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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.

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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 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 […].

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New China Laws Mean Ant Group Must Pay At Least $731M To Register As Financial Holding Company

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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).

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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.

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Coupa Acquires BELLIN Group To Boost Treasury Services

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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

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Facebook Brings Subscription Service To Groups

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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

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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

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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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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. 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

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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].

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Many Restaurant Groups Waiting For Vaccine Before Reopening Dining Rooms

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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

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Real Estate Watch: Simon Property Group Unleashes The Lawyers

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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

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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. Carousel Customer Experience Open Banking Premium Retail Banking Aite Group APIs APIs open banking open banking

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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. 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.

Groups 158

Wells creates new digital innovation group as part of organizational overhaul

Bank Innovation

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 […].

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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.

Groups 163

The Restaurant Group To Slash 125 UK Locations

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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.

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EU Industry Trade Group Warns 5G Delays Will Hurt Competition, Profits

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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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