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Standard Chartered makes big investment in Chinese P2P lender

/E-commerce

Standard Chartered makes big investment in Chinese P2P lender

A Chinese peer-to-peer lending platform has attracted more than $200m in funding, led by Standard Chartered in what it claims is the first time a major commercial bank has invested directly in a Chinese internet finance company.

/E-commerce

FIME launches testing tool for online payment terminals

In a move which will assist EMV® payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has today launched its EVAL 4dev cloud-based service.

Android Pay could launch this week

/E-commerce

Android Pay could launch this week

Google could launch Android Pay in the US this week, beating rival Samsung to the punch, according to notices distributed to McDonald's restaurants.

/E-commerce

Discover strikes network services agreement with Brazil's Elo

Discover Financial Services and Elo, the largest Brazilian credit card brand, today announced a strategic agreement that will allow acceptance of Elo Global Cards for international purchases and cash access outside of Brazil on the Discover Global Network, which includes Discover Network, Diners Club International and the PULSE network.

PayPal buys 'contextual commerce' startup Modest

/E-commerce

PayPal buys 'contextual commerce' startup Modest

PayPal has bought Modest, a 'contextual commerce' startup run by two former senior tech leads on Barack Obama's re-election campaign. Financial terms of the deal have not been disclosed.

/E-commerce

Bitnet and Pay.On to enable PSPs to offer bitcoin

Bitnet, an enterprise bitcoin payments processor, and Pay.On, a leading provider of white label global payment gateway solutions, today announced a strategic partnership that will enable payment service providers globally to offer bitcoin as a payment method via Pay.On’s Restful API-based payment platform.

/E-commerce

GoldMoney gold-settlement tech integrated via ACH with nine top US banks

GoldMoney Inc. (XAU.V), a full-reserve and gold-based financial services and technology group, announces that the BitGold “Aurum” gold-settlement technology is now integrated via the Automated Clearing House (ACH) network with nine of the top US financial institutions including: JP Morgan Chase, Bank of America, Wells Fargo, Citi, US Bank, USAA, Fidelity, Charles Schwab and Capital One.

Coinify grows merchant base with acquisition of rival Coinzone

/E-commerce

Coinify grows merchant base with acquisition of rival Coinzone

Denmark's Coinify has acquired rival Dutch processor Coinzone in a bid to create a pan-European provider of bitcoin-to-fiat payment processing for online merchants and PSPs.

/E-commerce

Onpex partners e-payment provider MerchantPay

Onpex, The Online Payment Exchange has announced its entry into the dynamic and booming Indian ecommerce market by forging a partnership agreement with innovative Indian e-payment service providers, MerchantPay Solutions.

/E-commerce

Payoneer secures $50 million investment led by Wellington Management

Payoneer Inc., a leading online payments company transforming the way businesses send and receive cross-border payments, is announcing that Wellington Management Company has led a $50 million investment in Payoneer.

/E-commerce

E-commerce startup Mogl secures $8 million backing

Mogl has announced the completion of an additional $8,000,000 in funding to launch their new service - Mogl Network, the first and largest online to offline real-time commerce platform.

/E-commerce

Verifone 3G wireless payment introduced in Chile

Verifone (NYSE: PAY) today announced that one of Chile’s largest payment processing networks—Multicaja—has begun deploying Verifone’s 3G wireless payment terminal solution to enable merchants throughout Chile to enhance the consumer experience by securely accepting all forms of payment from beyond the counter—in any retail environment.

/E-commerce

Checkout.com connects with Tenpay

Checkout.com’s new partnership with Tenpay in China will expand its offering of payment solutions within its single Checkout online payments platform.

/E-commerce

Optimal Payments completes Skrill Group acquisition for €1.1 billion

Optimal Payments today announced the completion of its acquisition of the Skrill Group, a leading provider of online payment and e-money solutions business and one of the largest prepaid online voucher providers in Europe.

/E-commerce

AmEx adds Apple Pay for US corporate cards

American Express (NYSE:AXP) today announced that it is the first major Corporate Card portfolio activated for Apple Pay, allowing Card Members to pay on the go with compatible Apple devices.

/E-commerce

Optimal Payments closes Skrill acquisition

Optimal Payments today announced the completion of its acquisition of the Skrill Group, a leading provider of online payment and e-money solutions business and one of the largest prepaid online voucher providers in Europe.

/E-commerce

Columbia Bank joins Apple Pay party

Columbia Bank announced today that its customers will have access through their personal and business cards to Apple Pay, the mobile payment service from Apple. Apple Pay will offer Columbia Bank's customers the ability to conveniently make purchases in a single touch while maintaining security and privacy.

/E-commerce

$125,000 prize pool for Money20/20 hackathon

Money20/20, the world's largest event for payments and financial services innovation, today announced the second annual Money20/20 Hackathon, to be held October 24 -25, 2015 at The Venetian, Las Vegas, immediately before the kick-off of 2015's Money20/20, which will take place October 25-28.

Just one in ten Americans have received chip cards - poll

/E-commerce

Just one in ten Americans have received chip cards - poll

America's migration from mag-stripe to EMV is failing to pick up momentum, with just one in 10 people receiving new chip-enabled cards, according to a new poll.

/E-commerce

Pocket Systems launches online fraud prevention device

Pocket Systems today launched PocketKey, a new system designed to permanently end the problem of e-commerce credit card theft for consumers, merchants and banks. 85% of Americans in wealthier households now consider card theft from a merchant as their biggest crime risk and 27% of Americans have experienced the anxiety and hassle of card theft in the past year.

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