Operation BLACKHAT

Perficient Financial Servies.

Operation BLACKHAT. He conducts a meeting with his security group, “WHITEHAT” to proceed with the investigation. He has hired other gang members for this operation. Operation BLACKHAT: After an hour, the Blackhat went to the location to collect the ransom.

Ascena Retail Group Considers Bankruptcy Filing

PYMNTS

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 Hot

Groups 207

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Astralis Group Bets On eSports Digital 3.0 Transformation

PYMNTS

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.

Groups 241

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.

Groups 255

SoftBank’s New ‘Operating Group’ Encourages Startup Collaborations

PYMNTS

In an effort to create a relationship between its portfolio of investors, SoftBank has created an “operating group” within its Vision Fund. For both funds, the operating team is tasked with advising startups on growth strategies, hiring, procurement and international expansion. “We

Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. Now, a shift is under way in FIs’ operational units as the conversation turns to transforming legacy banks into “smarter banks.”.

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. The 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.

Groups 281

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

Groups 176

The Restaurant Group To Slash 125 UK Locations

PYMNTS

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. What The Restaurant Group wants to do is lower its rent in 85 locations to keep them operating.

Groups 152

Bank Innovation Launches a Meetup Group

Bank Innovation

Bank Innovation is launching a Meetup group, where we plan to organize networking events, with insightful panels and (of course) happy hours. Exclusive Operations fintech meetup MeetupAre you a tech enthusiast? A banking professional? A developer, or a blockchain champion?

Groups 232

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. Tesco Lotus now has approximately 2,000 store locations in operation in the nation.

Groups 191

MasterCard strengthens ties to mobile network operators

Mobile Payments Today

The Purchase, New York-based card network has already helped MNOs such as Vodafone Ukraine, Digicel Group in the Caribbean, Viettel Telecom in Vietnam and Taiwan's Chunghwa Telecom to roll out various services related to digital payments

U.S. Bank Is Hiring An ‘Innovation Leader’ To Boost AI Operations

Bank Innovation

Bank wants to revamp its Innovation group with a new artificial intelligence leader. Bank Innovation group,” including overseeing strategic product development, product innovation, and strategy efforts within the AI space, […]. Corporate Exclusive Operations Security Technology AI Dominic Venturo innovation group machine learning US BankThe job posting is vigorous, to say the least.

What Does ‘Operational Efficiency’ and ‘Pragmatism’ Mean for Innovation?

Bank Innovation

recently notified about 1,000 employees in its Consumer Banking and Payments, Virtual Solutions and Innovations groups of the bank’s plans to eliminate their positions. Corporate Daily Post 1 Exclusive Lending Premium Forrester Research innovation group JP Morgan Chase lending Wells FargoSigns point to more difficult economic times ahead. The future is always uncertain, but banks must prepare now, and this may spell trouble for innovation teams. Wells Fargo & Co.

Restaurant Group Says Industry Could Lose $240B

PYMNTS

The restaurant trade group, in a news release, said that sales rose some in May as opposed to the height of the pandemic in April, but many restaurants still aren’t turning a profit and some are considering leaving the business.

Groups 162

Restaurant Operators On Life Before, During And After COVID-19

PYMNTS

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. The same holds true for Bamboo Asia, an establishment that operates throughout San Francisco’s financial district, said van de Rijt.

Facebook Sues NSO Group Over WhatsApp Hack

PYMNTS

Facebook is filing a lawsuit against NSO Group , an Israeli cybersecurity company, alleging that it hacked WhatsApp users, according to CNBC. Facebook also named a second organization in the suit: Q Cyber, which is a company affiliated with NSO Group.

Groups 147

CIT Group Unveils New Version Of B2B POS Lending Platform

PYMNTS

CIT Group Inc. As digitally-enabled sales continue to grow, businesses and their customers expect the same technology experience and service that they are accustomed to in other aspects of their life,” said Denise Menelly, CIT’s executive vice president and head of Technology and Operations.

Groups 170

Tesco To Unload Thailand, Malaysia Assets In CP Group Deal

PYMNTS

billion, Tesco has struck a deal to sell its Malaysia and Thailand assets to entities of CP Group. South Korea and Japan, and also relinquished some control of its Chinese operations as of 2011. group in China with almost 3,000 of its partner’s locations.

Groups 142

Saving Main Street: Cambridge Group Addresses Hard Times

PYMNTS

Michael Kanter and his wife and have owned and operated Cambridge Naturals near Harvard Square since 1974.

Maine 165

SWIFT Working Group To Create ISO 20022 Standard

PYMNTS

SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the move of cross-border transactions to the ISO 20022 standard.

Groups 213

Creative Group FinTech Lands $25M To Expand Into 30 Countries

PYMNTS

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances.

Groups 186

iPrice Group Notches $10M In Series B Investment

PYMNTS

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Retail ACA Investments ecommerce Home Credit iPrice Group Line News What's Hot

Groups 142

Big US Mall Operators Look To Sports Entertainment For Growth

PYMNTS

But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21 st century. The new investment from Simon Property Group comes as many malls are getting remakes for the 21 st century.

PBOC Approves Amex Application To Operate In China

PYMNTS

The post did not say when Amex would start operations in the country. Final approval from the PBOC is still required in order for Amex to begin operating there. Amex has teamed up with the Lianlian Group in order to settle and process payments in yuan in China.

Equifax, Gwynn Group Pair On AR Solution

PYMNTS

Equifax and Gwynn Group announced they are collaborating on an accounts receivable (AR) management solution that can support the entire collections life cycle.

Groups 136

International Payments Firm Equals Group Acquires Hermex For £2M

PYMNTS

FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a press release on Friday (Aug.

Groups 154

WHSmith To Acquire Marshall Retail Group

PYMNTS

WHSmith has revealed it will acquire Marshall Retail Group (MRG) in an effort to boost its presence in U.S. Founded in 1792, WHSmith has operations in over 100 airports across 30 countries outside the U.K. MRG currently operates more than 170 locations across the United States, with 70 of those locations operating inside airports. Importantly, the team has also built a best-in-class operational foundation to support continued rapid growth of the company.”

Groups 113

UK Casual Dining Firm The Restaurant Group Shutters 150 Eateries

PYMNTS

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. Retail News Restaurants The Restaurant Group U.K.

Groups 157

US Tech Retailers Left With Empty Shelves; Mall Operator Simon Shuts Down, Restaurants Start Layoffs; In UK Fashion Store Zara Takes $323M Hit As Consumers Stockpile Food

PYMNTS

Simon Property Group is temporarily shuttering its U.S. And, because of the coronavirus outbreak, the Union Square Hospitality Group has laid off approximately 2,000 members of its workforce, CNBC reported.

Foundry Group Leads $30M Seed Funding For Matchstick Ventures

PYMNTS

Paul-based Matchstick Ventures raised $30 million in a second seed funding round led by Foundry Group, reports said on Friday (Sept. We’ve co-invested and served on boards with them and [Foundry Group Managing Director] Seth Levine has been an official advisor to Matchstick since inception.

Groups 152

EU Trade Group Wants Update On SCA Status

PYMNTS

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Vendorcom wants answers.

Groups 147

7-Eleven Franchisees: Store Operators May Need To Pay Back PPP Loans

PYMNTS

The National Coalition of Associations of 7-Eleven Franchisees (NCASEF) said store operators who took in federal Paycheck Protection Program (PPP) loans could potentially have to pay back a “material portion” of the funds. The group says the 7-Eleven Inc.

Goldman Gets Green Light To Operate Bank In South Africa

PYMNTS

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. The filings also indicated that interest income would be spread across operating segments.

Payment Firm Moneycorp Acquires Australia’s Rochford Group

PYMNTS

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. We can help accelerate Rochford’s growth by deploying their operating model through the moneycorp group.”.

Groups 146