Latest E-commerce News: Finextra Research

Company update/payments

Ecommpay integrates with Paypal Commerce Platform

PayPal has confirmed integration with ECOMMPAY to pilot the PayPal Commerce Platform.

02 March 2020

PPRO brings UnionPay acceptance to EU merchants

Leading local payments platform PPRO is pleased to announce it has become a direct acquirer for UnionPay International, the world’s largest card scheme in terms of card issuance.

27 February 2020

Company update/payments

Checkout.com makes its first acquisition, French startup ProcessOut

Checkout.com, a leading global payment solutions provider, today announces the acquisition of technology startup ProcessOut.

26 February 2020

News/cloud

Success in the cloud: Strategic insights and best practices

The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.

21 February 2020

Company update/payments

Wordline wins Subway contract

Worldline [Euronext: WLN], the European market leader in payment and transaction services, has been selected to provide state-of-the art payment solutions to Subway® restaurants across Europe.

19 February 2020

News/payments

Visa invests in POS financing platform ChargeAfter

Visa has made a strategic investment in ChargeAfter as part of a broader deal with the point-of-sale financing technology platform.

12 February 2020

Company update/payments

Esker integrates with Stripe Connect

Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, today announced the integration of Stripe Connect, the technology infrastructure powering the world’s most ambitious platforms, to its core product.

11 February 2020

Company update/payments

Lightspeed joins forces with Stripe

Lightspeed (TSX: LSPD), the global point-of-sale and ecommerce platform, is partnering with Stripe to power in-store and online payments for retailers and restaurants in the US and Canada.

06 February 2020

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