E-commerce

1184 articles tagged with this keyword

/payments

NatWest uses Open Banking for cardless e-commerce payments

NatWest has launched an open banking-based service that lets customers of multiple lenders make instant online payments to participating retailers, without the use of a debit or credit card.

/crypto

BIS says CBDCs deserve consideration

Central bank digital currencies (CBDCs) "deserve consideration" as an additional means of payment, says a report from the Bank for International Settlements (BIS).

/payments

Thai payments firm Synqa raises $80m

Thai fintech startup Synqa (formerly called Omise) has raised $80 million in a Series C funding round led by SCB 10X and Sparx Group.

/payments

Checkout.com triples valuation on $150 million funding round

E-commerce payments processor Checkout.com has tripled its market valuation to $5.5 billion after banking a $150m Series B funding round.

/security

G+D taps EMV cards for SCA

Giesecke+Devrient has developed a system that lets customers use EMV payment cards and their mobile phones for the upcoming Strong Customer Authentication (SCA) rules.

/payments

Worldpay rolls out Open Banking Hub for account-to-account payments

Worldpay is rolling out a new Open Banking Hub to merchants, enabling users to pay for purchases direct from their bank account, circumventing the need to enter card or account information into a third party site.

/payments

WhatsApp launches payments service in Brazil

Facebook has launched its WhatsApp payments service in Brazil, enabling people to send money and make purchases from within the chat app.

/security

NatWest tests behavioural biometrics for Strong Customer Authentication

In a move that could signal the beginning of the end for passwords, NatWest is teaming up with Visa to test the use of behavioural biometrics for the upcoming Strong Customer Authentication (SCA) rules.

/payments

Apexx Global beats lockdown gloom with $8 million Series A

UK-based payments platform Apexx Global has sealed a $8 million Series A funding round with contributions from new and existing investors in the UK and Scandinavia.

/payments

BlackRock invests in online payments firm Trustly

BlackRock private Equity Partners and a group of institutional investors are becoming minority shareholders in Swedish online account-to-account payments provider Trustly. Terms were not disclosed.

/payments

Dispute management platform Chargeback raises $6.6m

Chargeback, an American real-time dispute management platform for merchants, has closed a $6.6 million Series A1 funding round led by Fintop Capital and Next Frontier Capital.

/payments

More than half of UK payments in 2019 made by card

More than half of all payments in the UK were made by card last year as cash usage fell sharply, industry figures show.

/security

Barclaycard adopts SCA-busting fraud module from Kount

Barclaycard Payments, which processes almost 40 per cent of card transactions in the UK, is to provide merchant customers with real-time fraud detection software from Kount.

/payments

Google tests voice confirmation for payments

Google is piloting a feature that lets people authorise purchases with their voice through its Assistant tool.

/payments

Facebook makes e-commerce play with Shops

Mark Zuckerberg is diving into e-commerce, launching a service that lets small businesses set up storefronts on Facebook and Instagram - although buyers will often have to leave the apps to complete purchases.

/startups

Payments startup Primer raises £3.2m

UK payments startup Primer has raised £3.2 million in a seed funding round led by Balderton Capital and joined by Transferwise co-founder Taavet Hinrikus.

/payments

Banked moves out of beta to take on Visa and Mastercard

Account-to-account payments startup Banked has moved out of public beta after securing £2.35 million in seed funding.

/regulation

Pressure grows on EBA to amend SCA timetable

Payments Europe, an industry association representing the views of card issuers and card acquirers, has joined the growing calls for a delay to the introduction of strong customer authentication (SCA) rules and for a harmonised approach across national markets.

/payments

Tencent buys stake in Aussie buy-now-pay-later outfit Afterpay

Chinese tech giant Tencent has bought a five per cent stake, worth around A$390 million, in Australian buy-now-pay-later firm Afterpay.

/payments

UK cash withdrawals plummet 60% during Covid-19 lockdown

The Covid-19 pandemic is radically changing cash usage in the UK, with ATM withdrawals falling 60% during the lockdown and three quarters of Brits reporting that their use of paper money is down.