Latest E-commerce News: Finextra Research

PayPal and Barclays make digital payments pact

PayPal continues to cosy up to former rivals in the banking world, working with Barclays to reduce digital payments friction for UK and US customers.

26 April 2018

News/E-commerce

Major card schemes zero in on single 'buy' button for online commerce

Major card schemes are rallying around the the new EMVCo Secure Remote Commerce (SRC) framework in a bid to create a ubiquitous online shopping technology standard backed by token-only storage of payment details.

19 April 2018

News/E-commerce

iZettle sets up e-commerce marketplace for small traders; Qapital raises $30 million

Swedish mPOS outfit iZettle has launched an e-commerce marketplace for small business owners to sell their wares online.

19 April 2018

News/E-commerce

M-Pesa wallet goes online in collaboration with PayPal

Kenyan users of the popular M-Pesa mobile wallet will soon be able to make purchases globally online through a collaboration between Safaricom, TransferTo and PayPal.

09 April 2018

News/E-commerce

Commonwealth Bank hit by outage

Customers of Commonwealth Bank Australia (CommBank) have been left frustrated after a series of major outages left them unable to access their bank accounts.

04 April 2018

News/E-commerce

Softbank and Alibaba invest $445m in Paytm ecommerce unit

The ecommerce arm of Indian fintech giant Paytm has raised $445 million from Japan's Softbank and China's Alibaba.

03 April 2018

News/E-commerce

Revolut takes lead in fight against online card fraud with disposable virtual cards

In an effort to bridge the trust gap between incumbent banks and digital challengers, Revolut is upping its security game by allowing customers to pay online with disposable virtual cards.

22 March 2018

News/E-commerce

BofA lets customers link cards to PayPal accounts from mobile app

Bank of America customers can now add credit and debit cards to their PayPal accounts directly from the lender's mobile app.

21 March 2018

News/E-commerce

Capital One virtual assistant can now issue virtual card numbers

US bank Capital One is bidding to make online shopping safer through a new feature within its Eno chatbot that lets customers use virtual card numbers for ecommerce purchases.

12 March 2018

News/E-commerce

Denmark's Danske Bank invites Finnish banks to join MobilePay

Danske Bank-owned MobilePay is making a major play for the Finnish market through a deal that will see its mobile payments service accepted at nearly a thousand S Group grocery stores.

01 March 2018

News/E-commerce

Stripe picks Dublin for engineering hub

Stripe, the American payments processor founded by a pair of Irish brothers, is opening an engineering centre in Dublin.

05 February 2018

News/E-commerce

PayPal stutters as eBay scraps 15-year relationship

Digital auction house eBay is terminating a 15-year relationship with PayPal and instead turning to Amsterdam-based Adyen as its primary payments provider at the checkout.

01 February 2018

News/E-commerce

Brazilian cross-border payment processing firm Ebanx raises $30m

Ebanx, a Brazilian startup bringing cross-border e-commerce payments to Latin America, has raised $30 million from FTV Capital, with participation from Endeavor Catalyst Fund.

01 February 2018

News/E-commerce

Visa Checkout tops one million accounts in UK

Visa Checkout, which enables consumers to pay with just a few clicks at online merchant sites, has surpassed one million enrolled accounts in the UK just seven months after launch.

30 January 2018

News/E-commerce

Stripe gives up support for bitcoin

Payment processor Stripe is pulling support for bitcoin payments, saying that crazy price fluctuations and higher fees render the cryptocurrency unusable as a form of payment.

24 January 2018

News/E-commerce

ABN Amro pulls out of Payconiq mobile app coalition

As it starts piloting in the Netherlands this week, mobile payments app Payconiq has lost the backing of one of its major bank partners, ABN Amro.

23 January 2018

News/E-commerce

Mastercard makes European biometrics push for online payments

From next April, online shoppers across Europe will be able to use biometrics, such as fingerprints or facial recognition, to identify themselves at the checkout when they pay with Mastercard.

23 January 2018

News/E-commerce

Europe begins Open Banking era in subdued style

The EU's second Payment Services Directive (PSD2) took effect on Saturday 13 January, bringing with it the start of Open Banking, however the prospect of a sudden revolution is likely to be thwarted by unresolved technical and regulatory issues and a lukewarm reception from consumers.

15 January 2018

News/E-commerce

Russia bids for blockchain success with latest banking launch

The largest commercial bank in Russia, Alfa Bank, is developing a new digital cash service where all transactions will be transmitted and cleared via the blockchain.

15 January 2018

News/E-commerce

Kodak announces blockchain plan, share price soars

Photo firm Kodak has announced plans to develop its own cryptocurrency, KodakCoin, which it says will help photographers to control their image rights via a distributed ledger.

10 January 2018