E-commerce

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/payments

DLocal explores sale - Bloomberg

Latin American cross-border payments platform dLocal is exploring a potential sale, according to Bloomberg.

/payments

Mastercard enables CVC-less payments for tokenised cards in India

Mastercard has introduced Cardholder Verification Code-less online payments for debit and credit cardholders in India who have tokenised their cards on merchant platforms.

/payments

Skipify and AmEx partner to ease checkout process

Skipify, a fintech outfit smoothing the online checkout experience, has joined forces with American Express for the launch of its new card linking technology.

/payments

Bank-backed Irish payments app faces more delays

Synch Payments, the mobile payments joint venture set up by Ireland's leading banks, will not launch until at least next year after being told it needs approval under EU rules.

/payments

PayPal Ventures invests in Latin American e-commerce outfit nocnoc

PayPal Ventures has led a $14 million Series A funding round for nocnoc, a firm that helps facilitate cross-border e-commerce between global sellers and Latin America.

/payments

Amazon Pay adds Affirm BNPL option

US merchants that use Amazon Pay can now offer their customers instalment payment options thanks to a deal with BNPL outfit Affirm.

/payments

Payments orchestration platform Paydock raises £25m

Payments orchestration platform Paydock has raised £25 million in a Series A funding round from Silverstripe Investment Management.

/payments

Standard Chartered expands digital collections gateway reach with Worldpay

Standard Chartered has teamed up with Worldpay to bring its Straight2Bank Pay digital collections gateway for merchants to more than 30 new markets.

/payments

Stripe to power Microsoft Teams payments for businesses

Microsoft has teamed up with Stripe to let North American businesses accept payments directly in Microsoft Teams.

/retail

NextGen Nordics: Managing innovation risk with regulation and education

Rounding out the NextGen Nordics’ afternoon sessions, Anna Milne, editor at Finextra, took to the stage for a fireside chat with Einar Eidsson, product director, for buy-now-pay-later (BNPL) provider, indó iceland.

/payments

Amazon Pay rolls out Citi Flex Pay to give credit card users instalment option

Citi credit card holders can now pay in instalments when using Amazon Pay during checkout at thousands of online shopping sites.

/retail

Klarna unveils AI-powered personalised shopping feed

Klarna continues to broaden its scope beyond BNPL, unveiling an AI-powered shopping feed, a "personal shopper" and new selling tools for retailers and creators.

/markets

IFGS 2023: Singapore seeks coordinated and global approach to fintech

In the fireside chat with the Monetary Authority of Singapore (MAS), chief fintech officer, Sopnendu Mohanty, discussed the current financial landscape in Singapore and the fintech developments in the region with moderator Sasha Qadri.

/devops

IFGS 2023: Andrew Griffith MP announces AI and open finance ambitions for UK

Economic secretary to the Treasury, Andrew Griffith MP, spoke in a keynote speech outlining the government’s ambitions for the fintech industry during day one of the Innovate Finance Global Summit 2023.

/payments

South Africa's Peach Payments raises $31m

South African online payments firm Peach Payments is looking to enter new markets after securing $31 million in funding led by Apis Growth Fund II.

/payments

Citi Digital Money Symposium: How are FIs leveraging data to meet consumer demand?

Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.

/payments

Singapore and Malaysia launch cross-border QR-code merchant payments

Singapore and Malaysia have linked their payment systems, enabling shoppers to make purchases across borders by scanning QR codes.

/retail

Klarna taps ChatGPT for shopping recommendations

Klarna has built a plugin for ChatGPT that will tap the AI-powered bot to provide shoppers with personalised product recommendations.

/payments

Walmart invests $200m in Indian fintech PhonePe

Indian mobile payments company PhonePe has secured $200 million in primary capital from US retail giant Walmart.

/payments

French payments firms Synalcom and Qori merge

French payments firm Synalcom and Qori are merging to form a new company, called Sylq, that promise to offer an all-in-one merchant payments platform.