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Payments revenue to hit $2.4 trillion by 2027

/E-commerce

Payments revenue to hit $2.4 trillion by 2027

The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.

/security

Visa unveils big name partners to tokenisation service

Visa Inc. (NYSE:V) today announced the commercial expansion of the Visa Token Service for credential-on-file (COF) token requestors, marking a major milestone towards further securing consumer payments in the digital channel.

/payments

Worldnet adds GooglePay support

Worldnet, a provider of the leading cloud management platform for omni-channel payments, has completed GooglePay certification to enable payment service providers (PSPs) and independent sales organizations (ISOs) the capability to accept payments from any device using the GooglePay platform.

/payments

Fed study finds rising noncash payments fraud

The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.

/payments

NMI unveils unified payments engine

NMI, the unified commerce enablement company, today unveiled its unified payments engine for independent sales organizations (ISOs), fintech innovators and technologists.

/E-commerce

Trustly partners with Ingenico for online banking payments

Ingenico, the global leader in seamless payment, has today announced a partnership with European payments company, Trustly, that will enable customers in Europe to make secure online transactions directly from their bank account.

/E-commerce

Australia's Mint Payments rebrands

Australian-based Mint Payments (ASX: MNW) (‘Mint’ or the ‘Company’) has unveiled a new brand, new hires, and a bold promise to make payments more rewarding for merchants in the increasingly commoditised category.

/E-commerce

Worldpay extends real-time payouts to over 50 countries

Worldpay, Inc., a global leader in payments, has announced the launch of new dynamic payout solutions that give multi-national eCommerce businesses more choices to disburse funds to partners and customers – quickly, easily and across country borders.

/E-commerce

First Data adds BlueSnap to payments ecosystem

First Data (NYSE:FDC), a global leader in commerce enabling technology, and BlueSnap, a payments technology provider, today announced a partnership to combine the power of BlueSnap’s All-in-one Payment Platform with the suite of global and local payments solutions offered by First Data.

Klarna lands $20 million investment from H&M

/E-commerce

Klarna lands $20 million investment from H&M

Fashion chain H&M has invested $20 million in Swedish checkout credit outfit Klarna.

/E-commerce

Secure Trading partners PPro to boost European cross-border sales for merchants

Secure Trading, an international Payment Service Provider (PSP) and PPRO Group, a cross-border e-payment specialist, both headquartered in London, today announced a partnership to bring over 18 European alternative payment methods (APMs) to Secure Trading’s international merchant base.

/payments

NatWest Markets makes FXmicropay available on SAP Commerce Cloud

NatWest Markets is announcing today its release of a SAP premium certified commercial plug-in for SAP Commerce Cloud (previously SAP® Hybris®) – a market-leading B2C and B2B ecommerce platform used by many of the world’s well-known brands.

Banco Sabadell unit buys online payments platform PayTPV

/payments

Banco Sabadell unit buys online payments platform PayTPV

InnoCells, the innovation hub of Banco Sabadell, has acquired Spanish online payments platform PayTPV. Terms of the deal were not disclosed.

Stripe raises $245m at $20bn valuation

/E-commerce

Stripe raises $245m at $20bn valuation

Payments outfit Stripe is now worth $20 billion after closing a $245 million funding round led by Tiger Global Management.

/E-commerce

Slovenian startup Eligma unveils cryptocurency payment app

Created by e-visionaries and advised by experts from companies like Google, Apple and Intel, the Eligma startup continues along its roadmap of smart commerce solutions with the latest technologies including blockchain.

/E-commerce

Mastercard, MTN and UUBA team on mobile money in Uganda

MTN Uganda in partnership with Mastercard and United Bank for Africa (UBA) have announced a new service that will enable quicker, safer and more convenient online payments globally.

/E-commerce

Zeepay and Moneygram team up for African mobile wallet play

MoneyGram a global provider of money transfer services, teamed up with Zeepay, a leading African FINTECH Giant, to allow customers to send money directly to all mobile wallets in Ghana in minutes.

/E-commerce

Euronext recuits 100 tech companies for IPO training course

Euronext, the leading pan-European exchange in the Eurozone, today launches its fourth session of TechShare, the only European programme for non-listed companies dedicated to IPOs.

/E-commerce

Ant Financial launches new fintech brand

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.

/E-commerce

Mastercard settles US merchant class-action suit

Mastercard has reached an agreement to settle monetary damages claims in the U.S. merchant class-action litigation

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