Latest E-commerce News: Finextra Research

Security concerns continue to hamper UK m-payments take-up

Only 17% of Brits want to use their mobile phones as wallets, with security concerns the chief reason for reticence, according to a survey from Intersperience.

14 October 2011

News/E-commerce

PayPal aims to become your digital ID; unveils new bank, vendor, currency partnerships

PayPal has taken the wraps off its single sign-on digital identity service for online shopping, PayPal Access. The move comes as the San Jose-based payments operator unveils a series of new partnerships with a host of banking technology suppliers at the BAI Retail delivery show in Chicago.

12 October 2011

Finextra TV/E-commerce

MyBank is coming

Giorgio Ferrero, Chairman of EBA Clearing discusses the launch of MyBank.

29 September 2011

News/E-commerce

Amex partners China's Tencent on e-payments

American Express is teaming with Chinese Internet giant Tencent Holdings on cross-border online payments.

28 September 2011

News/E-commerce

EC launches antitrust investigation into EPC and e-payments market

The EC has opened an antitrust investigation into whether the European Payments Council (EPC) is blocking new, non-bank, players from entering the online payments market.

26 September 2011

News/E-commerce

Citi slaps down Bank 2.0 rivals in Innotribe face-off

Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.

22 September 2011

News/E-commerce

Swift's MyStandards pilot moves into live production

Financial messaging network Swift has announced that its MyStandards project is now recruiting users after completing a closed pilot phase.

22 September 2011

News/E-commerce

PayPal goes after the high street

PayPal is stepping up its bid to take on card companies Visa and MasterCard in the high street as the boundaries between online and offline merge.

15 September 2011

News/E-commerce

Global m-payments volumes set for rapid rise

Globally, mobile payments will represent 15% of all cards transactions by 2013, and will overcome plastic volumes within 10 years if growth continues at the same rate, claims the World Payments Report from RBS, Capgemini and Efma.

14 September 2011

News/E-commerce

Kabbage raises $17m; granted US patent

Kabbage, a US start-up that provides working capital advances to online merchants, has raised $17 million in a series b funding round joined by Square co-founder Jim McKelvey.

17 August 2011

News/E-commerce

Anonymous and LulzSec's PayPal boycott campaign gathers momentum

Following the arrests of members in connection with an attack on PayPal's Web site, hacktivist groups Anonymous and LulzSec have launched an online campaign calling for people to close their accounts with the e-payments firm.

27 July 2011

News/E-commerce

Amex partners Facebook for coupons push

American Express has launched a Facebook application that pushes special offers and discounts to cardholders based on their likes, interests and social connections.

19 July 2011

News/E-commerce

Amex signs up Sprint to push Serve digital payments platform

American Express has struck a deal with US mobile network operator Sprint to help push its Serve digital payments platform.

18 July 2011

News/E-commerce

PayPal makes e-invoicing play

PayPal is introducing a range of e-invoicing APIs that businesses can access directly from their applications.

15 July 2011

News/E-commerce

Google makes land-grab in new mobile commerce gold rush

Google says it's ready to party like it's 1999 all over again, with mobile payments taking the place of e-commerce in a new gold rush that will transform consumer shopping habits on the high street.

13 July 2011

News/E-commerce

EBA Clearing makes online shopping play with pan-European e-payments initiative

EBA Clearing has outlined plans to launch a pan-European electronic payments service for online shopping, enabling buyers and sellers to complete transactions through their e-banking portals.

15 June 2011

News/E-commerce

US senators voice fears over Bitcoin link to online drugs market

Peer-to-peer virtual currency Bitcoin has come under fire from US senators worried it is being used to anonymously buy illegal drugs online.

09 June 2011

News/E-commerce

Hype-driven Blippy falls by the wayside

In a salutatory lesson for the never-ending stream of start-ups hoping to make money from clever takes on social media, Blippy, the service that automatically published users' credit card transaction details online when it launched to much fanfare in late 2009 but had to quickly change its business model, is now all but dead.

20 May 2011

News/E-commerce

Industry heavyweights launch FreeMonee 'gift network'

A group of veterans from the banking, retail and e-commerce worlds have launched a "cash-gift network" that lets firms send monetary incentives straight to customers' credit and debit cards.

12 May 2011

News/E-commerce

Visa preps digital wallet

Visa's assault on the online and mobile commerce markets is gathering momentum, with a digital wallet coming to customers in the US and Canada this autumn.

11 May 2011