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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. MORE
Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of Financière Agache, Bernard Arnault’s family investment company, according to a Friday (Feb. MORE
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 MORE
Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent. MORE
These interactions must give consumers the impression that they are still transacting with the same bank regardless of which channel they have chosen to use, said Eric Schuppenhauer , president of consumer lending and national banking at Citizens Financial Group. 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. Feel like a hero when you host thanks to group ordering on ubereats.com.”. Delivery delivery Group Ordering group orders News Retail Ridesharing Uber Uber Eats What's Hot MORE
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. MORE
Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip Green retail empire and the retailer, Retail Gazette reported. MORE
Rick Jaros, a principal with Spinnaker Consulting Group, has experience in digital integration, business strategy and change management. For the past 20 years he has worked as an executive with some of the largest banks in the U.S. 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
BCB Group , which works in global digital finance, has rolled out a new program to help get corporate treasury departments to embrace digital assets, a press release says. B2B Payments B2B BCB Group cryptocurrencies Digital Payments News treasury What's Hot In B2B MORE
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 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
Ant Group Co.’s Compliance Ant Group IPOs Chinas valuation may be cut further under new measures proposed by China to curb market concentration in its online payments market, according to new estimates from Bloomberg Intelligence. MORE
Although Jack Ma agreed to turn over Ant Group’s customer financial data, the People’s Bank of China (PBoC) and Beijing regulators are not satisfied with the quality of what’s been submitted, the Financial Times (FT) reported on Tuesday (Mar. MORE
billion euro purchase of Nets Group’s account-to-account (A2) division, which includes clearing and settlement, real-time payments and eBilling solutions. Partnerships / Acquisitions acquisitions MasterCard Nets Group News What's HotMastercard has finalized its 2.85 MORE
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. MORE
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 MORE
Chinese regulators along with Jack Ma and his Ant Group have reached an agreement that would turn the financial technology company (FinTech) into a financial holding company. Alibaba Group , which billionaire Jack Ma founded in 1999, owns about one-third of Ant , a spinoff company. MORE
high street, Frasers Group said it is in talks to purchase the Debenhams department store company from administrators, The Irish Times reported. The news came after Arcadia Group, Debenhams' largest concession operator, fell into administration. MORE
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. . MORE
China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between the two countries grows, sources told Reuters. Reuters said Paytm, which is partly backed by Japan’s SoftBank Group Corp., 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
Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition. MORE
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. MORE
The trade group UK Finance “has set out proposals to place the financial services industry at the heart of the U.K.'s 22), the banking and finance industry group released a new report that lays out a program to promote international trade in financial services. MORE
India's Tata Group will buy a 68 percent stake in online grocer BigBasket for about 95 billion rupees ($1.3 The deal provides a full exit for China’s Alibaba Group , which owned 27 percent of BigBasket. MORE
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. MORE
Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. B2B Payments Aareal Bank Group Aareal Exchange & Payment Platform automation B2B banking Banks Digital Banking international News What's Hot In B2B MORE
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. MORE
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 MORE
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. MORE
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. MORE
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 MORE
Groups Related Topics PYMNTS
DECEMBER 14, 2020
Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip Green retail empire and the retailer, Retail Gazette reported.
ATM Marketplace
FEBRUARY 9, 2021
Rick Jaros, a principal with Spinnaker Consulting Group, has experience in digital integration, business strategy and change management. For the past 20 years he has worked as an executive with some of the largest banks in the U.S.
PYMNTS
NOVEMBER 3, 2020
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
PYMNTS
FEBRUARY 21, 2021
BCB Group , which works in global digital finance, has rolled out a new program to help get corporate treasury departments to embrace digital assets, a press release says. B2B Payments B2B BCB Group cryptocurrencies Digital Payments News treasury What's Hot In B2B
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PYMNTS
FEBRUARY 3, 2021
Chinese regulators along with Jack Ma and his Ant Group have reached an agreement that would turn the financial technology company (FinTech) into a financial holding company. Alibaba Group , which billionaire Jack Ma founded in 1999, owns about one-third of Ant , a spinoff company.
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PYMNTS
DECEMBER 16, 2020
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.
PYMNTS
OCTOBER 30, 2020
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
PYMNTS
NOVEMBER 20, 2020
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. .
PYMNTS
JANUARY 6, 2021
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.
PYMNTS
MARCH 5, 2021
billion euro purchase of Nets Group’s account-to-account (A2) division, which includes clearing and settlement, real-time payments and eBilling solutions. Partnerships / Acquisitions acquisitions MasterCard Nets Group News What's HotMastercard has finalized its 2.85
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PYMNTS
DECEMBER 20, 2020
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.
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.
PYMNTS
MARCH 2, 2021
Although Jack Ma agreed to turn over Ant Group’s customer financial data, the People’s Bank of China (PBoC) and Beijing regulators are not satisfied with the quality of what’s been submitted, the Financial Times (FT) reported on Tuesday (Mar.
PYMNTS
JANUARY 15, 2021
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
PYMNTS
FEBRUARY 22, 2021
The trade group UK Finance “has set out proposals to place the financial services industry at the heart of the U.K.'s 22), the banking and finance industry group released a new report that lays out a program to promote international trade in financial services.
PYMNTS
FEBRUARY 16, 2021
India's Tata Group will buy a 68 percent stake in online grocer BigBasket for about 95 billion rupees ($1.3 The deal provides a full exit for China’s Alibaba Group , which owned 27 percent of BigBasket.
PYMNTS
DECEMBER 7, 2020
high street, Frasers Group said it is in talks to purchase the Debenhams department store company from administrators, The Irish Times reported. The news came after Arcadia Group, Debenhams' largest concession operator, fell into administration.
PYMNTS
JANUARY 24, 2021
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.
PYMNTS
OCTOBER 21, 2020
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.
PYMNTS
SEPTEMBER 28, 2020
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.
PYMNTS
FEBRUARY 26, 2021
Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of Financière Agache, Bernard Arnault’s family investment company, according to a Friday (Feb.
PYMNTS
OCTOBER 29, 2020
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
PYMNTS
DECEMBER 11, 2020
These interactions must give consumers the impression that they are still transacting with the same bank regardless of which channel they have chosen to use, said Eric Schuppenhauer , president of consumer lending and national banking at Citizens Financial Group.
PYMNTS
JANUARY 13, 2021
Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent.
PYMNTS
OCTOBER 12, 2020
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.
PYMNTS
OCTOBER 16, 2020
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
PYMNTS
DECEMBER 1, 2020
Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. B2B Payments Aareal Bank Group Aareal Exchange & Payment Platform automation B2B banking Banks Digital Banking international News What's Hot In B2B
Payments Source
JANUARY 22, 2021
Ant Group Co.’s Compliance Ant Group IPOs Chinas valuation may be cut further under new measures proposed by China to curb market concentration in its online payments market, according to new estimates from Bloomberg Intelligence.
PYMNTS
OCTOBER 22, 2020
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.
MerhantsBanks
JANUARY 27, 2021
Merchants Financial Group, Inc. Current News Merchants Financial Group MFGI quarterly numbers quarterly updateMFGI) announced year-end earnings for 2020 with net income of $21,511,521, according to MFGI President & CEO Gregory M. Evans.
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.
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
DECEMBER 2, 2020
China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between the two countries grows, sources told Reuters. Reuters said Paytm, which is partly backed by Japan’s SoftBank Group Corp.,
PYMNTS
FEBRUARY 1, 2021
Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.
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