Latest E-commerce News: Finextra Research

Company update/payments

Marqeta provides card issuing platform for virtual Google card

Google Pay will use Marqeta’s modern card issuing platform to power a tokenized, virtual card that gives Google Pay users more ways to use their Google Pay balance at both online merchants and in stores.

29 July 2021

News/payments

Banco Santander's PagoNxt to expand merchant services business across Europe

Banco Santander’s payment fintech, PagoNxt, is launching its merchant payments business in Europe under the Getnet brand.

26 July 2021

Company update/security

Fiserv chooses Vesta to tackle e-commerce fraud in Mexico

Fiserv Inc., a leading global provider of payments and financial services technology, today announced the integration of a cutting-edge fraud prevention solution into its e-commerce payment gateway to reduce the fraud-related chargeback risk for Mexico’s online commerce.

22 July 2021

Company update/startups

PayCEC launches in UK and EU

Due to the growth of the digital era, everything must be digitized and this has been progressing over time. Integrating technology into business is no longer a plus point for it but the newest standard, no matter what the size of business is. PayCEC is taking on a new role for bringing a new solution for most businesses nowadays as a payment gateway provider.

22 July 2021

News/crypto

PayU partners Celo to bring stablecoin payments to merchants

PayU is teaming up with mobile-first open-source blockchain payments outfit Celo to launch a new stablecoin option to hundreds of thousands of merchants.

21 July 2021

News/payments

Facebook Pay comes to third-party e-commerce sites

Facebook Pay is extending its reach outside of the social media behemoth's own platform, enabling online merchants to add the service as a payment option directly on their own sites.

16 July 2021

Company update/security

Polish fraud fighter Nethone raises $6.7 million

Nethone's passive behavioral biometrics allows online businesses to seamlessly stop over 95.3% of account takeovers (ATO) - cyber threats that have been spreading globally at an alarming rate.

15 July 2021

Company update/payments

OnBuy closes £35 million Series A

Today, UK-based online marketplace OnBuy.com has announced the closing of £35 million in series A+ funding through VC and strategic technology investors.

13 July 2021

Company update/wholesale

Mouro Capital leads €16M funding round in e-commerce fulfilment platform byrd

Mouro Capital, a venture capital fund focused on fintechs and adjacent businesses and backed by Banco Santander, has led a €16 million ($19 million) founding round in the tech-driven digital logistics and fulfilment platform byrd.

12 July 2021

Company update/payments

Cardstream and Swipen team on GooglePay for e-commerce

Cardstream, along with its counterpart, Swipen, the payment solutions specialist, are pleased to provide GooglePay for e-commerce, a safer and more secure way for customers to pay online.

09 July 2021

News/payments

Over half the world’s population will use mobile wallets by 2025, says Boku study

More than one in two people will use a mobile wallet by 2025, as cash is increasingly displaced, finds a study from mobile payments company, Boku. This equates to an increase of 2.7 to 4.8 billion wallets in use globally in the next four years.

08 July 2021

Company update/payments

Mint Payments integrates Payright

Australian-based buy now pay later (BNPL) provider specialising in higher-value purchases, Payright Limited (ASX: PYR) (‘Payright’ or ‘the Company’), has entered into a partnership with Mint Payments Limited (‘Mint Payments’) to integrate Payright’s BNPL solution into its online payments processing system.

08 July 2021

News/payments

Google plans fintech move in Japan

Big tech firm Google is reported to be planning a push into Japan's financial services market

08 July 2021

News/payments

AmEx brings digital receipts to Amazon purchases

American Express has expanded its digital receipts feature to give US card members who shop on Amazon extra purchase information about orders with the e-commerce giant.

08 July 2021

News/regulation

E-commerce player Wish secures EU payment institution license

Wish has been granted a Payments Services License by the Dutch Central Bank, paving the way for the e-commerce giant to process all EU payments on its platform.

07 July 2021

Company update/payments

Use of smart POS terminals to grow by 156% in 5 years - research

A new study by Juniper Research has found that smart POS terminals globally in service, where analytics and loyalty can be integrated directly to the terminal, will increase from 13.7 million in 2021, to 35 million units in 2026.

06 July 2021

News/regulation

China central bank closes software firm for crypto trading

A Beijing-based software firm has been closed down by China's central bank because of its suspected involvement with crypto trading.

06 July 2021

Company update/startups

Invoice finance startup Arex completes €8.8m series A funding

AREX Markets, the data-driven fintech company that drives financing costs down for SMEs and enables them to get access to cash quicker, today announces its Series A funding round, securing €8.8 million to accelerate its rollout in the UK and Spain.

06 July 2021

Company update/retail

Booking.com creates fintech unit

Today Booking.com announced the creation of a new internal FinTech business unit to facilitate seamless access to the company’s global travel marketplace for both customers and partners.

05 July 2021

Company update/crypto

Bitcoin gaming startup Bling completes seeding round

Bling, a platform that enables game developers to give bitcoin rewards, today announced it closed a seed round to grow its team and further develop its platform.

05 July 2021