PYMNTS

SEPTEMBER 23, 2020

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. Goat Group and StockX are among the prominent new companies arising because of the trend.

Groups 194

Groups Branding Online America 194

PYMNTS

DECEMBER 23, 2020

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. Ant Group is best known for its wildly popular payment and loans app Alipay , which has both online and mobile platforms. The company did not elaborate.

Groups 242

Groups Cards Regulation Fintech 242

Bank Innovation

FEBRUARY 19, 2018

Online alternative lenders are gaining momentum with U.S. small businesses, specifically and unsurprisingly with those run by millennials, according to a new report by Mercator Advisory Group. SMEs have used online alternative lenders (P2P lenders or marketplace lending platforms) […].

Millennials 303

Millennials Online Lending Groups 303

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.

Groups 175

Groups Report Capital Regulation 175

PYMNTS

SEPTEMBER 30, 2020

UnitedHealth Group Inc. , the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines.

Online 198

Online Report Illinois Seattle 198

PYMNTS

FEBRUARY 25, 2020

As Walmart aims to grow profits at its online shopping business and cut discord between units, the retailer is bringing together its store and eCommerce product-buying teams, The Wall Street Journal reported. Walmart has long had different store and online shopping teams. web and store businesses.

Groups 170

Groups Retail Training Online 170

PYMNTS

NOVEMBER 3, 2020

And according to Ronny Yakov , CEO of The OLB Group , QuickBooks is often an ideal place to start. For The OLB Group, that meant the recently announced integration of billing and payment gateway functionality within QuickBooks. According to Yakov, before the pandemic, about 65 percent of The OLB Group's merchant base were not online.

Online 150

Online Groups Fintech User Experience 150

PYMNTS

MARCH 6, 2020

To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 eRetail Audit,” which is the central offering of the upstart, is said to be a digital platform that offers online retail market share information for “sell-out” consumer merchandise in units, value and volume.

Groups 141

Groups Data United States Retail 141

PYMNTS

APRIL 5, 2019

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 190

Groups social media Fraud cryptocurrency 190

PYMNTS

DECEMBER 10, 2020

While credit is an important part of millennials’ shopping lives, this generation has unique spending priorities, particularly when it comes to online shopping — and these priorities are looming even larger since the pandemic shifted much of commerce online. PYMNTS research shows 11.5 percent cite the ability to monitor spending.

Millennials 241

Millennials Online Report Study 241

The Paypers

APRIL 5, 2024

Travel technology innovator Amadeus has set to deploy New Distribution Capability (NDC) technology for global online travel agency Expedia Group.

Groups 41

Groups Technology Innovation Online 41

PYMNTS

NOVEMBER 23, 2020

Apple has extended a deadline for in-app fees for online events through June of next year, a posting on a developer site says. The original date for the requirement was to be December of 2020, but that has now been extended to June 2021. When Facebook told users of that 30 percent fee, it reportedly drew the anger of Apple officials.

Apple 231

Apple Online Training Policies 231

Payments Source

JANUARY 20, 2021

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group and its biggest rival Tencent Holdings.

Online 154

Online Payments Financial Technology Groups 154

PYMNTS

SEPTEMBER 21, 2020

Ant Group , the online payment provider for China-based Alibaba Group Holding Ltd., Ant Group declined to comment in an emailed statement. The news comes as Ant Group gained profits of $1.3 million in earnings to Alibaba Group, which owns one-third of Ant. It contributed $433.7

Groups 141

Groups Capital Regulation Operations 141

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 move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales.

Groups 139

Groups Company Indianapolis Exercises 139

PYMNTS

NOVEMBER 3, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. Ant Group was looking to raise around $35 billion in proceeds from the offering. Shanghai said the meeting disqualifies Ant from listing on Thursday (Nov. 5) as originally planned. Ma also owns 4.2

Groups 160

Groups Regulation Meeting Lending 160

PYMNTS

AUGUST 5, 2020

While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. The Tracker also examines how both fraudsters and online gaming platforms are employing new emerging technologies to muscle bad actors out of these services. Skillz Takes Offline Bowling Online.

Online 278

Online Report Fraud Mobile 278

Payments Source

AUGUST 18, 2020

Jack Ma’s Ant Group is planning to create a new consumer finance company to bolster its market share in the country’s fast growing online lending industry.

Groups 154

Groups Lending Online Industry 154

PYMNTS

JANUARY 13, 2021

Berlin-based Auto1 Group said on Wednesday (Jan. In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. Existing shareholders, including SoftBank Group , also took part. 13) that it plans to go public in the first quarter of this year. billion) from the stock sales.

Online 131

Online Groups Branding Marketing 131

Payments Dive

DECEMBER 5, 2022

The purchase of Online Payments Group will bolster Shift4’s international expansion plans, the company's CEO said last week.

Payments 435

Payments Groups Online Company 435

PYMNTS

OCTOBER 22, 2020

Just posted online a song or piece of software you wrote and worried about it getting ripped off? If so, Chinese FinTech Ant Group has a deal for you.

Groups 130

Groups blockchain Software Video 130

PYMNTS

DECEMBER 1, 2020

Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. Bank has launched its new AP Optimizer — an online tool that aims to streamline invoice handling and payments for companies. 1) announcement. In separate news, U.S.

Groups 150

Groups Payments Resources Management 150

PYMNTS

FEBRUARY 14, 2020

CIT Group Inc. We understand that businesses have unique needs, and CIT is among the first to offer a B2B online lending product that provides self-service features and real-time financing at the point of sale, so buyers can get the products and payment flexibility that meet their needs.”.

Lending 151

Lending Groups Online Technology 151

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Amazon Encounters EU Charges Over Seller Data. 10) statement from the European Commission.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. The group is ambitious at the outset.

Google 150

Google Groups Retail New York City 150

Bank Innovation

JUNE 29, 2017

Cross-border transactions may be getting easier, but most American consumers are sticking to online purchases inside of the United States. American consumers were the least likely group to make an online purchase outside of the country they are living in, according to a study conducted by Harris poll for Bloomberg Capital.

Online 207

Online United States Study Survey 207

PYMNTS

AUGUST 10, 2020

IAC , the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling, according to a press release. With the separation of Match Group … and new IAC emerging with $3.9

Online 146

Online New York Groups Report 146

PYMNTS

MAY 6, 2020

The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks. This is resulting in increased revenue for these online gambling platforms in states like New Jersey — trends in growth that may well continue after the crisis.

Online 222

Online Taxes United States Industry 222

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

JULY 6, 2020

According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported. UBS Group’s analysts were led by Gustavo Piras Oliveira, Bloomberg reported.

Online 150

Online America Groups Analysis 150

PYMNTS

JUNE 10, 2020

Online payment platform Trustly’s global expansion plans just got a big boost. The BlackRock-led group is injecting capital into Trustly at a time when the company is building out its network, which enables merchants to accept bank transfers with the same ease as they now take credit card payments. “At

Capital 131

Capital Groups California Online 131

TheGuardian

JANUARY 25, 2024

Overhaul likely to raise concerns for UK bank’s 2m customers who rely on branches to manage accounts Lloyds Banking Group is planning to cut 1,600 staff from its branch network as it tries to reduce costs and push customers towards digital services as part of a corporate overhaul. Continue reading.

Online 69

Online Groups Management Company 69

PYMNTS

JUNE 3, 2019

Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). Blackstone Group reportedly is paying $18.7 According to a recent report from CBRE Group , 56 of the largest 100 warehouse leases in the first half of 2018 were with eCommerce firms and third-party logistics providers.

Retail 198

Retail Online Groups America 198

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. million in missed rent payments.

Groups 151

Groups Retail Comparison Survey 151

PYMNTS

AUGUST 10, 2017

The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could have an impact on the dominance of Ant Financial and Tencent. According to The Financial Times , the move would force both companies to share valuable transaction data with competitors.

Online 101

Online Groups Payments Mobile 101

PYMNTS

APRIL 1, 2020

Customer engagement firm Paytronix Systems said its online ordering software, using the software-as-a-service model, has what it takes to beef up food-delivery revenues. Paytronix said its online ordering saves time by taking brand information directly from Toast’s POS system, including menus and hours.

Online 150

Online Boston Massachusetts Software 150

Payments Dive

DECEMBER 19, 2017

Across age groups, UK consumers demonstrate extremely high confidence in online shopping.

Online 170

Online Trends Groups 170