Latest E-commerce News: Finextra Research

Company update/payments

Ebury gets green light to buy Brazil's Bexs Group

Ebury, the global financial technology company, is delighted to announce that the Central Bank of Brazil has approved its acquisition of Bexs Group, including both Bexs Banco (foreign exchange) and Bexs Pay (payments).

30 October 2023

Company update/people

CatalystPay names Hristian Nedyalkov chief product officer

October 30, 2023 - With a record of over 8.2 million processed transactions in 2023 and 350+ served business clients, CatalystPay, a provider of tailored payment solutions, is pleased to announce the appointment of Hristian Nedyalkov as Chief Product Officer.

30 October 2023

News/payments

US Bank launches POS lending tech

US Bank has launched an embedded, multi-channel point-of-sale lending platform that lets firms offer customers financing at the checkout.

25 October 2023

News/payments

Former JP Morgan exec brings refund payments startup out of stealth

A former head of fintech at JP Morgan has unveiled his new venture, called TodayPay, that lets merchants offer their customers instant refunds in multiple payment formats.

24 October 2023

Company update/payments

Amazon Payment Services obtains Retail Payment Services licence from the UAE Central Bank

Amazon Payment Services, a regional leader in digital payments operating across the Middle East and North Africa (MENA) region, has been granted a Retail Payment Services license by the UAE Central Bank.

18 October 2023

News/payments

Marqeta inks deal with European BNPL firm Scalapay

Marqeta has reached an agreement with Southern European BNPL provider Scalapay to use its platform to issue cards both online and in-store.

17 October 2023

Company update/payments

New online cash payment solution, Kasssh, launched in UK

In a move set to innovate the world of online shopping, Kasssh’s online cash payment solution has exited stealth mode and is now available to all UK ecommerce sites. Designed to cater to the diverse needs of today's consumers, Kasssh brings the convenience and security of cash payments to the digital sector, making online shopping more accessible than ever before.

13 October 2023

News/payments

Klarna unveils AI-powered photo tool for shoppers

Klarna has unveiled an AI tool which allows shoppers to take a picture of things and styles in their surroundings, instantly find out where to buy them and get the best deal in the firm's app.

11 October 2023

Company update/payments

GoDaddy partners Paze to simplify online checkouts

On a quest to eliminate abandoned online shopping carts, GoDaddy (NYSE: GDDY), the company that helps entrepreneurs thrive, and PazeSM, an online payment solution developed by Early Warning Services, LLC, are partnering to help small businesses provide more convenient online checkout experiences for consumers. GoDaddy is the first website builder to integrate Paze into small business' customer checkout experience.

10 October 2023

Company update/payments

BlueSnap partners with Microsoft ISV to strengthen e-commerce experience

BlueSnap, a global payment orchestration platform of choice for leading B2B and B2C businesses, has announced their partnership with Retail Realm, a multinational Microsoft ISV specializing in payments. BlueSnap’s Global Payment Orchestration platform will provide Microsoft Dynamics 365 users with the ability to create more dynamic global payment experiences for their customers, while increasing payment ROI for their business.

06 October 2023

News/payments

PayPal faces class-action suit claiming anticompetitive pricing rules

PayPal has been hit with a class-action lawsuit accusing the firm of anticompetitive "anti-steering" rules that leave consumers paying excess charges.

05 October 2023

News/security

American Express to pilot biometrics at the online checkout

American Express is to pilot the use of facial and fingerprint recognition for authenticating users at online checkouts.

05 October 2023

Company update/payments

Peach Payments closes $30m funding round

Baobab Payments GmbH, trading as Peach Payments, has concluded a €29M / US$30M funding round. The round, announced in April, was led by Apis Growth Fund II (the “Fund”), a private equity fund managed by Apis Partners LLP (“Apis Partners”), a UK-based asset manager.

03 October 2023

Company update/payments

Worldline establishes dedicated consulting services for e-commerce customers

Worldline [Euronext: WLN], a global leader in payments services, is introducing a dedicated Consultancy Service for its global e-commerce customers.

26 September 2023

Company update/payments

Primer rolls out AI tool to boost merchant revenue by improving payment success

Primer, the unified infrastructure for global payments and commerce, has announced the launch of UpliftAI, a first of its kind AI payments tool designed to empower online merchants to predict, optimise and deliver the highest possible authorisation rate across all global processors to drive revenue growth.

26 September 2023

Company update/payments

Ayden partners with leading APAC retailer for e-commerce and POS payments

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, today announced its partnership with True Alliance, one of Australia and New Zealand’s largest retailers, distributors and licensees of premium accessories, fashion, sports and outdoor brands. The payment partnership sees Adyen process payments across all of True Alliance’s brands, both in-store and online, streamlining payments and risk management, enabling operational efficiency and creating growth opportunities.

21 September 2023

Company update/payments

FreedomPay integrates Amazon's ID service into checkout solution

Chris Kronenthal, President at FreedomPay : At FreedomPay, our technology empowers businesses around the world to provide a robust, frictionless and personalised purchasing experience across online and in-store channels. That’s why we’re excited to announce that Amazon One—the fast, convenient, and contactless identity service that uses your palm to enter, identify, and pay—is now integrated with FreedomPay’s commerce technology platform.

21 September 2023

News/payments

FreedomPay announces partnership with Worldpay

FreedomPay has announced its partnership with Worldpay from FIS to provide integrated payments and omnichannel technology for retail, hospitality and other enterprises.

20 September 2023

News/payments

Hyundai launches in-car payment service

Car manufacturer Hyundai has launched a system that lets US drivers find and pay for things with their vehicle's touchscreen using securely stored credit card information.

07 September 2023

Company update/wholesale

Merchant lender Momnt raises $15 million

Momnt, a leading fintech company specializing in real-time lending and payment solutions for businesses, is announcing the closing of its latest capital raise, totaling $15 million.

06 September 2023