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Amazon adds Venmo as payments option

/payments

Amazon adds Venmo as payments option

Ahead of Black Friday, Amazon is adding PayPal's Venmo as a payment option for US shoppers.

PayPal lets Apple users ditch passwords for passkeys

/security

PayPal lets Apple users ditch passwords for passkeys

PayPal is taking a major step away from passwords, giving users the option of logging in to their accounts with the new industry standard passkey.

Vipps and MobilePay get EC approval for merger

/payments

Vipps and MobilePay get EC approval for merger

The European Commission has approved a merger between Nordic mobile payments players MobilePay and Vipps after a third partner, Pivo, pulled out.

/crypto

Primer and Coinbase forge global integration

Primer, the world’s first automation platform for payments and commerce, and Coinbase (NASDAQ: COIN) have announced a strategic integration that allows merchants in markets across the globe to add crypto as a standard method of payment at checkout.

/payments

PayPal launches unified rewards programme

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the introduction of PayPal Rewards, a new unified rewards program that gives customers an easy way to shop, earn, track, save, and redeem rewards and offers all in one place – their PayPal app.

/payments

Shopping app Karma introduces embedded checkout feature

Karma, the fintech app that helps shoppers get what they want at the lowest price by scanning for coupons and getting price drop notifications, today announced the launch of its innovative payment feature, Pay with Karma.

/payments

UAE-based Wio Bank forms partnership with Stripe

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.

/security

Fintech pushes role of security in digital payments services

The McKinsey 2020 Digital Payments Consumer Survey found that digital payments continue to grow in adoption and relevance.

/payments

UK firms turn to technology for Consumer Duty obligations

Firms are overwhelmingly turning to technology in order to surface data and insights that solve the challenge set by the FCA’s new Consumer Duty according to new research from Moneyhub, the Open Finance, Open Data and Payments platform, conducted by Opinium

Stripe taps Meta's Sharma to lead new revenue and financial management team

/people

Stripe taps Meta's Sharma to lead new revenue and financial management team

Stripe has appointed Microsoft and Meta veteran Vivek Sharma as its first head of revenue and financial management.

Italy's Mediobanca snaps up BNPL fintechs

/payments

Italy's Mediobanca snaps up BNPL fintechs

The consumer credit arm of Italian investment bank Mediobanca Group has made two fintech investments designed to boost its BNPL operations.

/startups

FlapKap closes $3.6M Seed round

FlapKap, the first tech-enabled revenue-based financing platform in the MENA region, revolutionising e-commerce growth, today announced the close of its $3.6M seed round.

/payments

Pandemic changes long-term payment preferences for 43% of Canadians

Today, Payments Canada released its annual Canadian Payment Methods and Trends 2022 report, which analyzes 19.7 billion payment transactions made in 2021, totalling $10.8 trillion, and highlights trends that are transforming the Canadian payment landscape.

/identity

Mastercard and Ravelin to help merchants strengthen their fraud detection capabilities

During the pandemic, online grocery orders rose by more than 50% and are expected to rise further this year, according to McKinsey research.

Adyen partners Tink for open banking payments

/payments

Adyen partners Tink for open banking payments

Dutch fintech giant Adyen is embedding technology from Tink to enable its customers to offer open banking payments.

Fed introduces card-not-present debit rule

/regulation

Fed introduces card-not-present debit rule

The US Federal Reserve has finalised new rules ensuring that merchants can choose between multiple networks for routing card-not-present transactions

SCA has led to fall in online card fraud - Barclaycard

/payments

SCA has led to fall in online card fraud - Barclaycard

200 days on from the mandatory introduction of Strong Customer Authentication (SCA) in the UK, 73% of retailers have seen online payment fraud decline, according to data from Barclaycard Payments.

Amazon and Affirm bring BNPL payments to Canada

/payments

Amazon and Affirm bring BNPL payments to Canada

Amazon and Affirm are extending their buy now, pay later partnership to Canada, enabling shoppers to pay for their purchases in instalments.

/payments

Volume woos internet shoppers with 'Pay Now, Spend Less' promise

Volume, the payments fintech startup, today exists stealth mode after its April $2.4 million raise with the launch of its, “Pay Now Spend Less” internet payment fee killer.

ECB taps CaixaBank and Amazon for digital euro prototypes

/crypto

ECB taps CaixaBank and Amazon for digital euro prototypes

The European Central Bank has picked five partners - including CaixaBank and Amazon - to help it develop a digital euro prototype.

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