E-commerce

1184 articles tagged with this keyword

/payments

AfterPay scores BNPL collaboration deal with Stripe

Australian buy now, pay later giant AfterPay has entered a transformational partnership that will give merchants using Stripe code the opportunity to offer customers the option of installment-based purchases.

/payments

BNPL expected to double market share in UK e-commerce within the next four years

Buy now, pay later schemes are expected to account for 10 percent of all UK e-commerce sales by 2024, according to data compiled by Worldpay.

/payments

Nordic change is in the air for 2021

As part of Finextra’s Predictions Series for 2021, Hannah Wallace spoke to Erik Zingmark, Nordea’s head of transaction banking to unpack some of the leading trends he expects to see throughout 2021.

/payments

PayPal quits competitive Indian payments market

PayPal is to wind down its domestic payments business in India after failing to make a significant dent in a fiercely competitive market.

/startups

Cross-border payments startup Routefusion raises $3.6m

Routefusion, an Austin-based startup that helps tech companies embed cross-border payments in their applications, has raised $3.6 million in seed funding.

/payments

Royal Bank of Canada moves into BNPL market

Royal Bank of Canada is moving into the buy now, pay later realm through a partnership with Alliance Data's Bread.

/startups

BNPL player Scalapay raises $48m

Scalapay, a third-party payments outfit that lets customers buy, now, pay later, has raised $48 million in a seed funding round led by Fasanara Capital.

/startups

Stripe leads $102m funding round for one-click shopping startup Fast

Stripe has co-led a $102 million Series B funding round for San Francisco-based one-click payments startup Fast.

/startups

French BNPL player Alma raises EUR49m

French buy now, pay later outfit Alma has raised €49 million in a Series B funding round joined by Cathay Innovation and Idinvest.

/payments

ByteDance launches mobile payments on China's version of TikTok

ByteDance has launched its own payments service for Douyin, the Chinese version of its video app TikTok.

/regulation

PayPal takes full ownership of Chinese payments business

PayPal has taken complete ownership of GoPay, making it the first foreign firm to have 100% control of a Chinese payments platform, according to Reuters.

/payments

Rapyd bags $300 million as online payments skyrocket

Buoyed by the pandemic-fuelled growth in cross-border digital payments, fintech-as-a-service platform Rapyd has bagged $300 million in a Series D financing round led by Coatue.

/devops

Open Banking year three: Insights from the CMA9

The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.

/payments

CES 2021: Stripe and Plaid reveal Covid-19 ‘pressed fast forward’ on digital payments acceptance

As Andrew B. Morris from The Fintech Agenda, LLC highlights at CES 2021, the dark clouds of Covid-19 had a silver lining for the fintech industry. Unicorns Stripe and Plaid supported the global shift to a contactless economy, helping businesses deliver products and services to consumers who had collectively formed new daily habits for everything. Ginger Baker and Erika Wool explain what's next for the payments giants.

/devops

How banks and financial services players will monetise open banking

Joined by executives from the financial services ecosystem, Celent’s head of corporate banking Patricia Hines took to the Sibos virtual stage to lead a discussion on the potential for building on ROI with APIs.

/payments

Checkout.com triples valuation on $450 million fund raise

Online payments firm Checkout.com has tripled its valuation to $15 billion following a Series C funding round, making it the fourth largest fintech business globally and Emea’s most valuable venture-backed business.

/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.

/cloud

Future-proofing payments technology with cloud migration

Consumer expectations, behaviour and payment preferences are and will continue to evolve at an accelerated rate.

/crime

Last year’s challenges in financial crime will gather pace in 2021

As Covid-19's shadow continues to stalk economies as we move into 2021, the stakes are high for merchants and institutions alike to adapt to the challenges it presents, according to new report on financial crime mitigation.

/payments

Nets' subsidiary Paytrail to acquire Checkout Finland

Nets Group's Finnish online payment subsidiary Paytrail is to acquire fellow e-commerce specialist Checkout Finland from OP Financial.