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Money 20/20: The Chinese payments space is a critical enabler for e-commerce

/payments

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

Shining the spotlight on Asia, key trends defining China’s place in the global e-commerce space are discussed in sessions at Money 20/20 USA’s Leadership Lodge, diving deep into how fintech firms are adapting to deliver broader, yet innovative services to support a diverse range of merchants with cross-border payments.

/payments

Visa completes acquisition of Rambus payments portfolio

Visa announced that it has completed the acquisition of the token services and ticketing businesses, formerly Bell ID and Ecebs LTD, from Rambus (NASDAQ: RMBS), a premier silicon IP and chip provider dedicated to delivering data faster and safer.

Card schemes band together for one-click payments button

/E-commerce

Card schemes band together for one-click payments button

American Express, Discover, Mastercard and Visa are rolling out interoperable one-click checkouts at select e-commerce sites across the US, eliminating the laborious and repetitive key-entry of personal account numbers and information when shopping online.

/payments

PPRO expands footprint in Asia with direct integration into local payment method GrabPay

Leading local payments platform PPRO has announced a partnership with GrabPay, an e-wallet developed by Grab, Southeast Asia’s leading superapp.

/E-commerce

Cardpay builds global footprint

Cardpay – global fintech provider and fast-growing payment processor serving the needs of eCommerce businesses selling internationally announces its further expansion into 5 new major markets including United States, Mexico, Brazil, China and Singapore.

Citi partners with WorldLink to enhance supply chain offering

/E-commerce

Citi partners with WorldLink to enhance supply chain offering

Citi’s Treasury and Trade Solutions (TTS) has strengthened supplier finance offerings in partnership with the bank's internal platform WorldLink, allowing clients to transact and settle across multiple major currencies in the US with plans to expand globally.

/E-commerce

Interac ushers in in-app and browser payments with Apple Pay and Google Pay

Interac Corp. today announced that Interac Debit for In-App and In-Browser Payments with Apple Pay™ and Google Pay™ is now widely available. Canadians already use Interac Debit on Apple Pay or Google Pay for in-store purchases at hundreds of thousands of merchants across the country.

SCA – no more kicking the can down the road

/E-commerce

SCA – no more kicking the can down the road

With the EBA announcing a revised deadline for migration to Strong Customer Authentication (SCA) of December 31st 2020, how have industry players reacted and what now needs to happen make the transition a success?

/payments

Wirecard provides payments backbone for Swiss Post China cross-border e-commerce marketplace

Wirecard, the global innovation leader for digital financial technology, is providing the payment solution for Swiss Post’s “Your Gateway to China” service.

/E-commerce

Mastercard signs four retailers to Pay by Bank app

Mastercard has entered into an agreement with WHSmith.co.uk, Funky Pigeon, Cult Pens & The Card Gallery to offer ‘Pay by Bank app’ to online shoppers.

French payment processor Lemon Way raises EUR25m

/payments

French payment processor Lemon Way raises EUR25m

Lemon Way, a Paris-based payment processor for e-commerce marketplaces, has secured a EUR25 million investment from Toscafund Asset Management.

/payments

Finnish fintech firm Enterpay raises funding and expands internationally

Finnish Enterpay’s automated invoicing payment solution solves an essential issue in today’s growing B2B e-commerce space, which has generated great international interest.

/payments

Stripe launches in Malaysia

Today, we’re happy to officially launch Stripe in Malaysia. Businesses all across the country can now easily accept and manage payments, and access the full Stripe stack including Billing, Connect, Radar and Sigma.

Kazakh fintech shelves London IPO

/E-commerce

Kazakh fintech shelves London IPO

In a sign of growing uncertainty in sections of the global fintech market, a Kazakhstan-based payments startup has pulled its plan to float on the London Stock Exchange

New fintech envoy appointed for Northern Ireland

/E-commerce

New fintech envoy appointed for Northern Ireland

A top executive of a data analytics company has been hired as the UK government's new fintech envoy for Northern Ireland

'Fintech-as-a-service' platform Rapyd raises $100m

/startups

'Fintech-as-a-service' platform Rapyd raises $100m

Rapyd, a fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has closed a $100 million funding round led by Oak HC/FT and joined by Stripe.

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

/payments

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

At EBAday 2019, hosted by Finextra in association with the EBA, it was revealed that 81% of banking executives would collaborate with partners to execute digital transformation most effectively.

/E-commerce

Sezzle alights on Visa's CyberSource platform for buy now, pay later shopping

Sezzle Inc. (ASX: SZL), the highest consumer-rated interest-free installment payment solution, today announced its solution is newly available to online businesses worldwide through Visa's CyberSource payment management platform.

Alibaba acquires a third of Ant Financial

/E-commerce

Alibaba acquires a third of Ant Financial

Chinese e-commerce conglomerate Alibaba has acquired a 33% stake in banking behemoth Ant Financial, strengthening ties between the two Internet giants.

Sibos 2019: Post-snub insights from LSE and HKEX

/E-commerce

Sibos 2019: Post-snub insights from LSE and HKEX

After the London Stock Exchange snubbed Hong Kong’s $36.6 billion buyout bid earlier this month, day two of Sibos 2019 in London kicked off with PwC’s Jeremy Grant engaging in fireside chats with both LSE CEO David Schwimmer and HKEX CEO Charles Li.

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