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

Company update/ai

SafetyPay partners Feedzai to protect customers from fraud with AI

SafetyPay, one of the leading digital alternative payment platforms providing solutions across Latam and Europe, reached an initial 5-year agreement with Feedzai, the market leader in managing financial crime with AI, to offer an extra layer of protection against fraud risk for SafetyPay customers.

05 February 2020

News/E-commerce

BigCommerce turns to Barclaycard for payments processing

Barclaycard has announced a deal to become a preferred payments partner for the 60,000 online retailers hosted on BigCommerce's SaaS e-commerce platform.

04 February 2020

News/E-commerce

Goldman in talks with Amazon over small business lending

Goldman Sachs is in advanced talks with Amazon to finance small business loans on the e-commerce platform, according to a report in the FT.

03 February 2020

Company update/payments

Google sunsets Payment Request API

The Payment Request API is a web standard to make it easier for web developers to build low-friction and secure payment flows.

03 February 2020

Company update/E-commerce

MeaWallet to deliver merchant tokenization in Italy via Axepta BNP Paribas

MeaWallet and Axepta BNP Paribas has entered into an agreement to deliver Merchant Tokenization to the Italian market.

30 January 2020

Company update/payments

PayPal and UnionPay form global partnership

UnionPay International (UPI) and PayPal (NASDAQ: PYPL), today announced a global partnership where both companies will work together to accelerate the growth of their networks.

23 January 2020

News/E-commerce

India requires cardholders to opt in to contactless payments

All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.

23 January 2020

News/payments

WorldPay and Visa back African payments firm Flutterwave

Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.

21 January 2020

News/startups

How to build defences to accelerate innovation and generate revenue

The total value of global fintech deals in the first six months of 2019 was $22 billion. While this figure may seem staggering, when compared to $31.2 billion in the same period the year before, this is a steep decline of 29%.

14 January 2020

Company update/payments

MyBank’s transaction volumes exceed EUR15 billion record

MyBank, the pan-European payment solution that allows users to shop and pay online via immediate bank transfer through their internet banking, closes out a record year reaching more than EUR 15 billion in terms of total transaction value.

10 January 2020

Company update/E-commerce

PayPal closes $4bn Honey acquisition

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of Honey Science Corporation for approximately $4 billion in cash.

06 January 2020

News/E-commerce

Deutsche Bank to launch 'Motion Code' card in Spain

Deutsche Bank in Spain is to issue a credit card with a dynamic CVC code that changes every four hours, in a bid to create a safer shopping experience for online purchases.

02 January 2020

News/E-commerce

Checkout.com to triple office space and double staff numbers

Fast growth payment processor Checkout.com is to triple its London office space as it gears up for a big recruitment drive in 2020.

20 December 2019

Company update/E-commerce

Singaporean cross-border e-commerce sales set for explosive growth

Online businesses see a world of opportunity for crossborder sales.

19 December 2019

Company update/regulation

EU parliament backs measures to cut e-commerce VAT fraud

MEPs supported measures on Tuesday designed to fight e-commerce VAT evasion that would help cut some of the €137 billion lost each year across the EU to VAT fraud.

17 December 2019

News/payments

ICBC, Alibaba and Ant Financial strengthen fintech partnership

Giants in their own right, ICBC - the world's largest bank in terms of assets - will work with Alibaba and Ant Financial by leveraging their collective expertise in electronic payment settlement and cross border finance to promote the wider use of digital technology in financial services.

16 December 2019

News/E-commerce

Visa and MFS Africa team on digital payments

Visa is joining forces with MFS Africa to simplify remittances and expand global e-commerce across Africa.

12 December 2019

Company update/payments

Nuvei raises $270m

Nuvei, a leading global payment technology provider, announced today it has completed a US$270 million (CA$358 million) common equity financing, valuing the company at US$2 billion (CA$2.65 billion).

11 December 2019

Company update/E-commerce

Super Processor signs for TAS USA card payments platform

TAS USA Inc., part of TAS Group, a global provider of digital payments software, today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.

09 December 2019

News/E-commerce

BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.

09 December 2019