Latest E-commerce News: Finextra Research

Bank of America's Head of FIs GTS: Cash has increased in prominence as a security

Despite the assumption that the Coronavirus pandemic will prove the last nail in the coffin, Bank of America's head of financial institutions GTS believes demand for paper money as a security has in fact increased.

29 April 2020

News/regulation

Blaming Covid-19, European payments industry calls for SCA delay

Citing Covid-19, the European payments industry is calling on the EBA to push back the deadline for the migration to Strong Customer Authentication (SCA) standards still further.

29 April 2020

News/payments

Hong Kong's Oriente scores $50 million in funding

Hong Kong-headquartered merchant and consumer credit financing platform Oriente has has secured a fresh capital injection of approximately $50 million in its on-going Series B funding round.

28 April 2020

News/payments

Worldline progresses M&A strategy with majority stake in GoPay

Worldline has reinforced its merchant services business in Eastern Europe with the acquisition of a majority stake in Czech online payments processor GoPay.

23 April 2020

News/covid-19

Alipay offers boost to Covid-19-hit Wuhan merchants

Payments behemoth Alipay has set up a special section of its app to promote local merchants in Wuhan, the city where Covid-19 emerged before spreading across the world.

08 April 2020

News/payments

Curve introduces numberless cards

Card consolidation app Curve has become one of the first firms in Europe to roll out numberless cards in a move it says boosts security and convenience.

07 April 2020

News/payments

CaixaBank helps Covid-19-hit retailers sell over social media

Spain's CaixaBank has moved to help retailers hit by the Covid-19 pandemic through the launch of technology that enables them to sell over social networks and messaging applications.

01 April 2020

News/payments

Stripe leads $20 million round in one-click shopping startup Fast

Stripe has led a $20 million Series A funding round in San Fransisco-based one-click payments startup Fast.

26 March 2020

News/payments

Former Twitter chief Costolo backs payments outfit SpotOn

SpotOn Transact, a payments and software company targeting SMEs, has raised $50 million in a Series B funding round joined by former Twitter CEO Dick Costolo's 01 Advisors.

11 March 2020

News/E-commerce

Alipay cites coronavirus as it looks beyond payments to era of 'digital lifestyle'

China's Ant Financial is planning to open up its hugely popular payments platform Alipay to third parties, enabling millions of service providers to offer their wares through the app.

10 March 2020

News/payments

‘Millennials want credit’ says ex-Visa innovation chief and i2c president Jim McCarthy

The consumer of today is educated, digitally empowered and more than ever before, wants to make informed financial decisions. This requires financial players to provide a quick, efficient and barrier-free customer service that keeps pace with the dynamic transformations of this new era of payments.

04 March 2020

News/E-commerce

Ant Financial takes minority stake in Klarna

Klarna has picked up a minority investment from Chinese giant Ant Financial, in a move which will fuel deeper integration between the Swedish buy now, pay later brand and the Alipay payments app.

04 March 2020

News/cloud

Success in the cloud: Strategic insights and best practices

The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.

21 February 2020

News/payments

Visa invests in POS financing platform ChargeAfter

Visa has made a strategic investment in ChargeAfter as part of a broader deal with the point-of-sale financing technology platform.

12 February 2020

News/E-commerce

BigCommerce turns to Barclaycard for payments processing

Barclaycard has announced a deal to become a preferred payments partner for the 60,000 online retailers hosted on BigCommerce's SaaS e-commerce platform.

04 February 2020

News/E-commerce

Goldman in talks with Amazon over small business lending

Goldman Sachs is in advanced talks with Amazon to finance small business loans on the e-commerce platform, according to a report in the FT.

03 February 2020

News/E-commerce

India requires cardholders to opt in to contactless payments

All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.

23 January 2020

News/payments

WorldPay and Visa back African payments firm Flutterwave

Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.

21 January 2020

News/startups

How to build defences to accelerate innovation and generate revenue

The total value of global fintech deals in the first six months of 2019 was $22 billion. While this figure may seem staggering, when compared to $31.2 billion in the same period the year before, this is a steep decline of 29%.

14 January 2020

News/E-commerce

Deutsche Bank to launch 'Motion Code' card in Spain

Deutsche Bank in Spain is to issue a credit card with a dynamic CVC code that changes every four hours, in a bid to create a safer shopping experience for online purchases.

02 January 2020