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News/E-commerce
The University of Strathclyde has launched a Masters of Science (MSc) programme in fintech, what it claims is the first such course in the UK.
05 January 2017
A UK department store is making a multi-million pound investment in an app-only challenger bank in order to offer its shoppers an exclusive banking tool and payment method.
03 January 2017
The rise of mobile and contactless payments means that by 2026 cash will account for less than a quarter of all transactions in the US, according to research from law firm Paul Hastings and the Centre for Economics & Business Research (Cebr).
15 December 2016
American Express has moved to boost its fraud fighting capabilities through the acquisition of mobile device authentication specialist InAuth. Financial terms of the deal were not disclosed.
06 December 2016
Working out the card number, expiry date and security code of any Visa credit or debit card can take as little as six seconds and uses nothing more than guesswork, new research has shown.
05 December 2016
Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.
02 December 2016
A cross-industry letter signed by 39 European and national organisations in the payments value chain has hit out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions under the revised Payments Service Directive (PSD2).
28 November 2016
Digital Payments outfit Stripe has raised $150 million in a Series D funding round which values America's top fintech dog at more than $9 billion.
25 November 2016
Visa has lashed out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions over EUR10, claiming that they will lead to more declined transactions, complicated checkouts and abandoned purchases.
22 November 2016
Societe Generale is to offer customers the opportunity to replace their current Visa cards with a Motion Code card from Oberthur that replaces the three-figure CVV code on the rear of a card with a small screen display that automatically changes periodically.
17 November 2016
Citibank is taking a leaf out of rival Chase's playbook with the launch of a closed loop mobile wallet dubbed Citi Pay.
10 November 2016
Only a quarter of UK millennials are using mobile payments technology, according to research from VocaLink, the latest in a long line of tech firms trying to figure out how young people want to pay.
03 November 2016
Despite the rise of ecommerce, Britain's high street looks set to endure, with two thirds of shoppers still preferring to view valuable products in person before buying, according to a Barclays survey.
02 November 2016
Commonwealth Bank of Australia has signed a reciprocal deal with Ant Financial to open access to Alibaba e-commerce Websites for Australian consumers and businesses and provide Alipay payments for Chinese tourists through its Albert POS devices.
31 October 2016
India is set to overtake the US as the world's second largest ecommerce market within the next 20 years thanks to a young, connected and growing middle class, according to research from Worldpay.
27 October 2016
NanoPay, a Canadian payments outfit which now owns the MintChip cloud-based digital currency, has raised $10 million in a Series A funding round joined by Goldman Sachs.
26 October 2016
One year after launching, Samsung Pay has cut a deal with MasterCard to expand to online payments and announced a roll out to three new markets.
Ingenico has developed technology that lets people make online payments by tapping a payment card against an NFC-enabled mobile phone.
Mastercard is joining the Facebook Messenger gold rush, developing artificial intelligence chatbots for banks and merchants that allow customers to transact, manage finances, and shop via the platform.
25 October 2016
US Facebook Messenger users will soon be able to make payments to bots within the app through their PayPal accounts.
24 October 2016
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