Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/payments

Ebanx teams up with Amazon

Ebanx and Amazon announced a partnership in Colombia this Thursday, September 17, 2020, at the chapter one of the Latin America Summit, EBANX annual event about business in the region. Once the solutions are available, Colombian consumers will be able to pay for purchases within Amazon in their local currency and using local payment methods. This is the first step on a strategic expansion of the two companies in the region, as they mentioned at the presentation at the summit.

17 September 2020

Company update/payments

Rapyd launches card acquiring in Europe

Rapyd, a global fintech as a service company announced today a major expansion of its European platform, adding end-to-end card acquiring capabilities to its industry-leading payments capabilities.

16 September 2020

Company update/payments

Visa brings Click to Play to Canada

Today, Visa Canada is announcing the expansion of Click to Pay in Canada, helping consumers make secure, swift purchases across various merchants and platforms, which is now more important than ever before given the world’s accelerated shift to digital.

15 September 2020

Company update/payments

Verifone buys 2Checkout

We are thrilled to announce that 2Checkout has been acquired by Verifone, a leading global provider of payment and commerce solutions.

11 September 2020

Company update/payments

Emirates Digital Wallet debuts digital cash platform

Emirates Digital Wallet LLC, along with First Abu Dhabi Bank, FAB, Mashreq Bank, National Bank of Fujairah and Mastercard today announced the launch of klip, Emirates Digital Wallet’s Digital Cash Platform.

11 September 2020

News/crypto

Lagarde makes case for digital euro

The president of the European Central Bank, Christine Lagarde, has suggested that the Euro Zone's central bankers are close to making a decision on whether to press ahead with the development of a central bank digital currency (CBDC).

11 September 2020

News/payments

PSP Mollie raises €90 million

Dutch payments services provider Mollie has raised €90 million in growth financing in a Series B round led by venture capitalist TCV.

08 September 2020

News/payments

PayPal introduces interest-free buy-now-pay-later product

PayPal has launched Pay in 4, a short-term interest-free buy-now-pay-later instalment offering for merchants in the US.

31 August 2020

News/crypto

Bank-issued stablecoin used for e-commerce payment

In what is being hailed as a world-first, a bank-issued stablecoin has been used to carry out an e-commerce payment.

27 August 2020

News/payments

Japan facing credit card number shortage

Japan is running out of 16-digit credit card numbers amid a government effort to encourage electronic payments and a surge in online shopping during the Covid-19 pandemic, according to local press reports.

25 August 2020

Company update/security

Australia's Ezypay adopts Mastercard tokenisation

Ezypay, Australia’s first subscription payments provider, has announced the adoption of Mastercard’s tokenised payment security technology, Mastercard Digital Enablement Service for Merchants (MDES), to offer their business customers enhanced payment security and stronger collection processes.

19 August 2020

Company update/payments

Salt Edge partners Intrasoft on PSD2 and SCA compliance

Salt Edge, a leader in offering open banking and secure customer authentication solutions, and INTRASOFT International, a global ICT company, have established a fresh partnership which aims to help banks and electronic money institutions with PSD2 & SCA compliance.

18 August 2020

Company update/people

Stripe names Dhivya Suryadevara CFO

Stripe, a global technology company building economic infrastructure for the internet, today announced that Dhivya Suryadevara will be joining the company as Chief Financial Officer.

11 August 2020

Company update/payments

RazorPay releases payment buttons

Empowering Startups to accept payments on their own website, Razorpay, the leading full-stack financial services company, today launched Payment Buttons.

11 August 2020

News/payments

Marcus to lead new Facebook Financial unit

Facebook has created a new group, led by David Marcus, to house all of its payments and commerce work, according to Bloomberg.

10 August 2020

News/regulation

Microsoft tests show SCA leads to checkout abandonment

Strong Customer Authentication (SCA) testing by Microsoft shows that customers are abandoning their purchases at high rates when challenged at the checkout.

10 August 2020

News/payments

Splitit secures $71.5m

Splitit, the ASX-listed outfit that enables shoppers to pay in instalments via their credit cards, has raised US$71.5 million in a private placement and share purchase plan.

06 August 2020

Company update/payments

PPRO reports 85% surge in y-o-y volume

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year, highlighting the exponential opportunities for cross-border e-commerce amidst the COVID-19 pandemic.

05 August 2020

News/payments

CVS to introduce PayPal and Venmo QR code payments

US retail giant CVS Pharmacy is set to roll out PayPal and Venmo QR code technology at all of its 8200 stores

31 July 2020

News/wealth

eToro makes acquisition ahead of debit card launch

Online investment platform eToro has furthered its preparations for the launch of its first debit card by acquiring UK-based e-money platform Marq Millions.

29 July 2020

E-commerce