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PayPal Ventures invests in Japanese instant credit firm Paidy

/payments

PayPal Ventures invests in Japanese instant credit firm Paidy

Paidy, a Japanese instant credit startup, has raised $83 million in a Series C extension joined by PayPal and secured an additional $60 million in debt financing.

Money 20/20: Fusion centres are the future of fraud prevention

/security

Money 20/20: Fusion centres are the future of fraud prevention

Security executives have a bigger seat at the table when making product decisions in the world of faster payments and online account origination. At Money 20/20 USA, industry experts discuss how technical knowledge and business issues need to be married to truly meet the realities of digital transformation and prevent fraud.

/payments

Samsung Pay partners Lyft on rewards

At Samsung, we’re always striving to bring powerful, fun experiences to Galaxy fans—and that often involves bringing the capabilities of other industry leaders into the Galaxy ecosystem.

/security

Vesta partners with CredibanCo to promote secure e-commerce in Colombia

Vesta, a pioneer in guaranteed payment and fraud technologies, has partnered with CredibanCo, a 48-year-old leading electronic payments company in Colombia, to launch Vsafe in the Colombian market.

Globalisation of payments highlights need for new standards of governance

/E-commerce

Globalisation of payments highlights need for new standards of governance

2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.

/E-commerce

Romanian cashback startup Beez launches in UK

Beez, which is an API-based platform, powering a web app and two mobile apps designed for people who shop online with credit cards, rewards shoppers with cashback, which research [source: Buzzing Facts] confirms is the most popular reward amongst credit card holders, as part of the Beez mission to disrupt the sector from the ground up.

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

/payments

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

Shining the spotlight on Asia, key trends defining China’s place in the global e-commerce space are discussed in sessions at Money 20/20 USA’s Leadership Lodge, diving deep into how fintech firms are adapting to deliver broader, yet innovative services to support a diverse range of merchants with cross-border payments.

/payments

Visa completes acquisition of Rambus payments portfolio

Visa announced that it has completed the acquisition of the token services and ticketing businesses, formerly Bell ID and Ecebs LTD, from Rambus (NASDAQ: RMBS), a premier silicon IP and chip provider dedicated to delivering data faster and safer.

Card schemes band together for one-click payments button

/E-commerce

Card schemes band together for one-click payments button

American Express, Discover, Mastercard and Visa are rolling out interoperable one-click checkouts at select e-commerce sites across the US, eliminating the laborious and repetitive key-entry of personal account numbers and information when shopping online.

/payments

PPRO expands footprint in Asia with direct integration into local payment method GrabPay

Leading local payments platform PPRO has announced a partnership with GrabPay, an e-wallet developed by Grab, Southeast Asia’s leading superapp.

/E-commerce

Cardpay builds global footprint

Cardpay – global fintech provider and fast-growing payment processor serving the needs of eCommerce businesses selling internationally announces its further expansion into 5 new major markets including United States, Mexico, Brazil, China and Singapore.

Citi partners with WorldLink to enhance supply chain offering

/E-commerce

Citi partners with WorldLink to enhance supply chain offering

Citi’s Treasury and Trade Solutions (TTS) has strengthened supplier finance offerings in partnership with the bank's internal platform WorldLink, allowing clients to transact and settle across multiple major currencies in the US with plans to expand globally.

/E-commerce

Interac ushers in in-app and browser payments with Apple Pay and Google Pay

Interac Corp. today announced that Interac Debit for In-App and In-Browser Payments with Apple Pay™ and Google Pay™ is now widely available. Canadians already use Interac Debit on Apple Pay or Google Pay for in-store purchases at hundreds of thousands of merchants across the country.

SCA – no more kicking the can down the road

/E-commerce

SCA – no more kicking the can down the road

With the EBA announcing a revised deadline for migration to Strong Customer Authentication (SCA) of December 31st 2020, how have industry players reacted and what now needs to happen make the transition a success?

/payments

Wirecard provides payments backbone for Swiss Post China cross-border e-commerce marketplace

Wirecard, the global innovation leader for digital financial technology, is providing the payment solution for Swiss Post’s “Your Gateway to China” service.

/E-commerce

Mastercard signs four retailers to Pay by Bank app

Mastercard has entered into an agreement with WHSmith.co.uk, Funky Pigeon, Cult Pens & The Card Gallery to offer ‘Pay by Bank app’ to online shoppers.

French payment processor Lemon Way raises EUR25m

/payments

French payment processor Lemon Way raises EUR25m

Lemon Way, a Paris-based payment processor for e-commerce marketplaces, has secured a EUR25 million investment from Toscafund Asset Management.

/payments

Finnish fintech firm Enterpay raises funding and expands internationally

Finnish Enterpay’s automated invoicing payment solution solves an essential issue in today’s growing B2B e-commerce space, which has generated great international interest.

/payments

Stripe launches in Malaysia

Today, we’re happy to officially launch Stripe in Malaysia. Businesses all across the country can now easily accept and manage payments, and access the full Stripe stack including Billing, Connect, Radar and Sigma.

Kazakh fintech shelves London IPO

/E-commerce

Kazakh fintech shelves London IPO

In a sign of growing uncertainty in sections of the global fintech market, a Kazakhstan-based payments startup has pulled its plan to float on the London Stock Exchange

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