Latest E-commerce News: Finextra Research

Kreditech secures EUR110 million investment from PayU

Germany's Kreditech has secured a EUR110 million investment from online payment processor PayU.

10 May 2017

PayPal launches Business in a Box service for SMBs

PayPal has unveiled a new service, called Business in a Box, which brings together a host of tools designed to help small firms start and run their online operations.

01 May 2017

News/E-commerce

Alibaba's Ant Financial merges with helloPay Group

HelloPay Group, the online payments platform used on South East Asian e-commerce platform Lazada, is to merge with Alibaba's Ant Financial and be rebranded into AliPay.

19 April 2017

News/E-commerce

PayPal forges mobile payments deal with Google

Consumers in the US will soon be able to use PayPal in Android Pay to make purchases at retailers in-store, in-app and online.

18 April 2017

News/E-commerce

Android Pay gets inside bank apps

Google has teamed up with several banks - including BofA - to let customers add cards to Android Pay from within their apps.

12 April 2017

News/E-commerce

Minecraft gets own currency

Minecraft, the hugely popular sandbox video game owned by Microsoft, is introducing its own currency for a new marketplace of add-ons built by third-party developers.

10 April 2017

News/E-commerce

First Islamic fintech gets UK regulator's approval

A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK.

10 April 2017

News/E-commerce

Ingenico gamifies the checkout

Ingenico is bringing scratch cards, slot machines and wheels of fortune to online checkout screens and instore eftpos in an effort to improve conversion rates for merchants.

06 April 2017

News/E-commerce

Visa and top UK banks get behind launch of Amazon Business

Visa and four of the UK's leading banks are partnering with Amazon on the launch of a new commercial marketplace for businesses shopping on the popular e-commerce site.

04 April 2017

News/E-commerce

Amazon targets unbanked with new cash option

Amazon has launched a service that lets Americans top up their accounts by handing over cash at the physical locations of partner retailers.

03 April 2017

News/E-commerce

Ride-hailing app Grab buys Indonesian payments firm Kudo

Southeast Asian ride-hailing app Grab has struck a deal to buy Indonesian digital payments outfit Kudo. Financial terms of the deal were not disclosed.

03 April 2017

News/E-commerce

Chinese messaging giant WeChat has big ambitions in Europe

Chinese messaging app WeChat is looking to grow its business in Europe, opening an office in the UK and holding talks with European luxury and fashion brands and payments institutions.

30 March 2017

News/E-commerce

In wake of EMV switch, US e-commerce fraud soars

As the US finally made the switch to EMV chip cards, last year saw e-commerce fraud rates jump by 33%, according to data from Experian.

30 March 2017

News/E-commerce

Samsung Galaxy S8 to use facial recognition for payments - Bloomberg

Samsung's new Galaxy S8 flagship handset will use facial-recognition technology to verify payments, according to Bloomberg.

16 March 2017

News/E-commerce

First Data boosts e-commerce biz through Acculynk acquisition

US fintech giant First Data is strengthening its e-commerce hand through the acquisition of Atlanta-based Acculynk. Financial terms of the deal were not disclosed.

16 March 2017

News/E-commerce

Britain to go cashless in 2043?

Britain will finally be cashless by 2043, at least that's what an online casino is betting after examining paper money's form.

14 March 2017

News/E-commerce

Alibaba leads $200 million investment in Paytm e-commerce unit

The e-commerce arm of Indian mobile wallet giant Paytm has raised $200 million in a funding round led by China's Alibaba.

03 March 2017

News/E-commerce

Mastercard partners Turkish retailer on Messenger bot payments

Mastercard has teamed up with Getir to let the Turkish mobile retailer's customers make payments through its Facebook Messenger bot.

02 March 2017

News/E-commerce

EBA to relax controversial PSD2 authentication rules

The European Banking Authority is to relax proposed rules on a requirement for strong customer authentication for all payments under EUR10, after being on the receiving end of a volley of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout.

21 February 2017

News/E-commerce

QR code-based payment initiative rolls out in India

A government sponsored quick response(QR)code-based payment service, IndiaQR, has launched today in India, heralding the next major step in its ambition to be a cashless society.

20 February 2017