Latest E-commerce News: Finextra Research

German mobile payments outfit Yapital wound down

German retail giant Otto Group is shutting down its Yapital mobile payments business, blaming a competitive market and weak consumer take up.

01 December 2015

News/E-commerce

BBVA Bancomer first to roll out dynamic CVV/CVC for mobile transactions

Mexico's BBVA Bancomer has become the first bank to commercially implement technology that replace static three-digit security codes with a dynamic CVV/CVC that changes every 20 minutes as part of its mobile wallet app.

27 November 2015

News/E-commerce

Alternative payment methods challenge plastic's supremacy

Alternative payment methods such as ewallets are overtaking cards as the most popular way to buy online, according to new research from WorldPay.

25 November 2015

News/E-commerce

MyPINpad and VocaLink bid to digitise consumer PINs

VocaLink has entered a five-year agreement with UK company myPINpad to bring Chip and PIN-style authentication to online and mobile shopping transactions.

23 November 2015

News/E-commerce

PayPal accused of playing Grinch with Christmas TV ad

PayPal's efforts to cash in on the season of goodwill have backfired after the firm's new UK Christmas TV advert drew hundreds of complaints from parents for implying that Santa does not exist.

03 November 2015

News/E-commerce

Biometrics backers push case for password-free payments

Passwords could soon be a thing of the past according to speakers at this week's Money 20/20 event in Las Vegas.

30 October 2015

News/E-commerce

Apple Pay coming to Australia and Canada

Apple Pay is coming to Canada and Australia later this year thanks to a tie-up with American Express.

27 October 2015

News/E-commerce

Deutsche Bank to replace IT systems - FT

New Deutsche Bank boss John Cryan is set to promise investors that replacing the bank's troublesome technology systems will be a top priority, according to the Financial Times.

27 October 2015

News/E-commerce

Chase partners MCX to take on Apple and Google in mobile wallet battle

JPMorgan Chase has signed up retailer consortium MCX as a partner for Chase Pay, its new digital wallet leading the fight back against tech giants Apple, Google and Samsung in the increasingly crowded mobile money arena.

26 October 2015

News/E-commerce

W3C Web Payments Working Group to create APIs for online checkout

The World Wide Web Consortium (W3C) has established a Web Payments Working Group to develop a set of standardised APIs to help streamline the online checkout experience and make payments more secure.

21 October 2015

News/E-commerce

North American mobile payments usage stagnates

Apple and Google may have boosted awareness of mobile payments in North America over the last year, but actual usage has remained flat, according to a survey from Accenture.

20 October 2015

News/E-commerce

MasterCard tokenises MasterPass

MasterCard is promising to boost security for online and in-app shoppers by tokenising its MasterPass digital wallet.

19 October 2015

News/E-commerce

UK set to make 120 million payments a day by 2024

Brits will make 120 million payments a day by 2024, as a steep decline in the use of cash is offset by the rise of contactless cards and the Faster Payments service, predicts an industry trade association.

15 October 2015

News/E-commerce

MasterCard brings Safety Net hacker-fighting tool to Europe

MasterCard has brought its Safety Net technology, which taps into the card giant's global network to help protect banks and payment processors from hackers, to Europe.

15 October 2015

News/E-commerce

China and India drive non-cash payments growth

Global non-cash payments volumes are expected to increase by nearly nine per cent in 2014, as massive emerging markets such as China and India begin to go electronic and mobile money takes off in developed countries, according to the latest annual World Payments Report from Capgemini and Royal Bank of Scotland.

06 October 2015

News/E-commerce

From biometrics to one-time passcodes, MasterCard preps Identity Check suite

MasterCard is rolling out a suite of card security measures for online commerce - from 'pay by selfie' biometrics to SMS-delivered one-time passwords - under the brand Identity Check.

06 October 2015

News/E-commerce

BNP Paribas to pilot cards with dynamic CVV codes

BNP Paribas has become the latest French bank to pilot Oberthur's OT Motion Code technology, replacing the three-figure CVV code on the rear of a card with a small screen display that automatically changes periodically.

02 October 2015

News/E-commerce

Payments firm Adyen scores funding at $2.3bn valuation

An investment fund backed by some of Silicon Valley's biggest names, including Mark Zuckerberg and Jack Dorsey, has put money into Adyen in a deal that sees the Dutch payments processing firm valued at $2.3 billion.

30 September 2015

News/E-commerce

US gears up for EMV switch deadline

Despite the fact that the majority of Americans still do not have EMV payment cards ahead of tomorrow's deadline for a switch from magstripe, an industry taskforce insists that the migration is "on track".

30 September 2015

News/E-commerce

Alibaba takes 40% stake in India's Paytm

Chinese e-commerce conglomerate Alibaba and its financial services subsidiary Ant Financial have made a further investment in Indian mobile commerce network Paytm, raising its stake in the booming business to 40%.

29 September 2015