Latest E-commerce News: Finextra Research

Mastercard to buy Ethoca to reduce fraud in digital commerce

Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms were not disclosed.

12 March 2019

News/retail

PayPal to invest $750m in Argentinian e-commerce giant MercadoLibre

PayPal has agreed to invest $750 million in MercadoLibre as part of a $1.85 billion equity offering designed to help the Argentinian e-commerce firm cement its position as the Amazon of Latin America.

12 March 2019

News/E-commerce

Amazon talks to Mexican central bank about govt-backed m-payments system

The Mexican central bank is in talks with Amazon about support for a new government-backed QR code-based mobile payments service, according to Reuters.

06 March 2019

News/payments

Adyen launches open banking-powered payment method

Dutch payments platform Adyen has launched a new, open banking-powered, alternative to card transactions.

20 February 2019

News/payments

Stripe joins Rapyd's $40m Series B round

Rapyd, a 'fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has raised $40 million in a Series B funding round led by Stripe and General Catalyst.

13 February 2019

News/payments

Stripe raises $100m at $22.5bn valuation

Stripe has secured another $100 million in funding, this time from Tiger Global Management, boosting the payments firm's valuation to $22.5 billion.

30 January 2019

News/payments

AIB eyes EUR100m Payzone acquisition

Allied Irish Banks (AIB) is in exclusive talks to buy local payments outfit Payzone in a deal that could be worth EUR100 million, according to the Sunday Times.

29 January 2019

News/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.

22 January 2019

News/E-commerce

Mastercard ditches name in logo rebrand

Mastercard has taken the bold step of removing its name from its logo in a move it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments.

10 January 2019

News/E-commerce

Apps more popular than online banking in UK

A survey has revealed that smartphone apps have surpassed online banking as the channel of choice for UK consumers.

09 January 2019

News/E-commerce

Google gets payments licence in Ireland

Ireland's central bank has granted authorisation for Google to operate as a payments institution, a move that could see the big tech giant significantly expand its financial services offerings across the European Union.

07 January 2019

News/startups

Banco Sabadell unit invests in Mexican payments startup

Banco Sabadell's digital business hub InnoCells has made a move into the Mexican market, joining a $6.5 million funding round, led by Ignia and Dalus Capital, for digital payments startup UnDosTres.

06 December 2018

News/E-commerce

ECB launches real-time payments system

The European Central Bank has unveiled its response to the rise of digital wallets with the launch of Target Instant Payments Settlement (TIPS), a pan-eurozone instant payments system.

30 November 2018

News/startups

Capital One buys online shopping comparison startup

Capital One has acquired WikiBuy, a Texas-based startup that helps users find lower prices, coupons, and rewards as they shop online. Financial terms of the deal were not disclosed.

21 November 2018

News/payments

Visa takes stake in India's BillDesk

Visa has moved to strengthen its position in the fast-growing Indian market, making a minority investment in digital payments platform BillDesk. Terms were not disclosed.

19 November 2018

News/E-commerce

PFM app Fintonic to fund interest-free deferred payments at Amazon

Financial management app Fintonic is collaborating with Amazon to provide Spanish clients with the option to fund interest fee purchases at the e-commerce store.

13 November 2018

News/security

PNC pilots dynamic CVV2 tech to fight card-not-present fraud

PNC Bank's treasury management unit is trialling technology that guards against card-not-present fraud by automatically changing the three digit CVV code on the back of credit cards.

09 November 2018

News/E-commerce

CommerzVentures invests in anti-fraud startup Fraugster

Fraugster, a Berlin-based software outfit using AI to help online retailers prevent fraud, has raised $14 million in a Series B funding round led by Commerzbank's VC arm.

07 November 2018

News/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

01 November 2018

News/payments

DBS launches Facebook Messenger bot for restaurant orders

Singapore-based DBS has begun testing a chatbot that allows customers to order and pay for meals at participating restaurants through Facebook Messenger.

29 October 2018