Remove news
article thumbnail

TCC Group Bids For Tesco’s Asia Stores

PYMNTS

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. To purchase the Asian assets of U.K.

Groups 188
article thumbnail

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

PYMNTS

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. The news comes as Venezuela has reportedly obstructed two significant virtual private networks (VPNs) in recent times. 9) announcement.

Groups 151
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

PYMNTS

The chairman of a European industry trade group has warned the uneven rollout of 5G wireless technology could hurt companies. His comment came as ERT released a study detailing the 5G gap between Europe and its global competitors, vital to the success of new technologies, the news outlet reported. “5G In a tweet Friday (Sept.

Industry 216
article thumbnail

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

PYMNTS

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

Groups 278
article thumbnail

Group Effort For Central Banks And Digital Currencies?

PYMNTS

And now, for digital currencies, it’s a group effort — among central banks, that is. 21), at least some of those central banks are banding together to form a group that will study ways and means of issuing central bank digital currencies (CBDC). As for what may be underpinning a group effort …. But as reported Tuesday (Jan.

Groups 142
article thumbnail

Today In Digital-First Banking: Ukrainian Bank Teams With FinTech Startup; Oportun Pursues US National Bank Charter

PYMNTS

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). FinTech Oportun Seeks US National Bank Charter.

National 161
article thumbnail

Retail Trade Groups Test Post-Pandemic Strategies

PYMNTS

As retailers reopen and take stock of new post-pandemic consumer dynamics, the role of industry trade groups is changing. Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C.

Groups 141