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New fintech envoy appointed for Northern Ireland

/E-commerce

New fintech envoy appointed for Northern Ireland

A top executive of a data analytics company has been hired as the UK government's new fintech envoy for Northern Ireland

'Fintech-as-a-service' platform Rapyd raises $100m

/startups

'Fintech-as-a-service' platform Rapyd raises $100m

Rapyd, a fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has closed a $100 million funding round led by Oak HC/FT and joined by Stripe.

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

/payments

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

At EBAday 2019, hosted by Finextra in association with the EBA, it was revealed that 81% of banking executives would collaborate with partners to execute digital transformation most effectively.

/E-commerce

Sezzle alights on Visa's CyberSource platform for buy now, pay later shopping

Sezzle Inc. (ASX: SZL), the highest consumer-rated interest-free installment payment solution, today announced its solution is newly available to online businesses worldwide through Visa's CyberSource payment management platform.

Alibaba acquires a third of Ant Financial

/E-commerce

Alibaba acquires a third of Ant Financial

Chinese e-commerce conglomerate Alibaba has acquired a 33% stake in banking behemoth Ant Financial, strengthening ties between the two Internet giants.

Sibos 2019: Post-snub insights from LSE and HKEX

/E-commerce

Sibos 2019: Post-snub insights from LSE and HKEX

After the London Stock Exchange snubbed Hong Kong’s $36.6 billion buyout bid earlier this month, day two of Sibos 2019 in London kicked off with PwC’s Jeremy Grant engaging in fireside chats with both LSE CEO David Schwimmer and HKEX CEO Charles Li.

Stripe raises $250m at $35bn valuation

/payments

Stripe raises $250m at $35bn valuation

Payments juggernaut Stripe is now valued at $35 billion thanks to a $250 million funding round joined by General Catalyst, Sequoia, and Andreessen Horowitz.

Barclaycard finds that SCA has had no initial impact on transactions

/E-commerce

Barclaycard finds that SCA has had no initial impact on transactions

Early transaction data from Barclaycard following the introduction of Strong Customer Authentication (SCA) rules finds that merchants have not seen an increase in abandoned transactions or declined payments, contrary to popular expectations.

/inclusion

Lazada partners AsiaKredit to extend financing to underbanked Filipinos through e-commerce

Leading digital consumer finance fintech AsiaKredit announced a strategic partnership that will enhance e-commerce payment options for Lazada Philippines customers.

Ambitious P27 project grows team for next phase

/E-commerce

Ambitious P27 project grows team for next phase

Nordic bank-backed P27 is undertaking a recruitment drive as it puts together the building blocks for a proposed 2021 go-live of its real-time, cross-border payment project.

/payments

Stripe launches in eight more European countries

Stripe officially launches its services in Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Portugal today, helping internet businesses in these countries to start, grow, and scale their business globally and accept money from anywhere in the world.

/E-commerce

Viva Wallet strikes deal with Belgium's Bancontact

Viva Wallet, known as the first European cloud-based digital payments provider based on Microsoft Azure, now offers acquiring services for Bancontact Payconiq Company, the Belgium-based innovator and company behind the well-known Bancontact payment scheme.

/payments

Ebanx brings physical AliExpress store to Brazil

In a pioneer action to display Chinese products of great quality and technology, top-notch design, and competitive prices, the Brazilian fintech company EBANX, collaborating with AliExpress, a global retail online marketplace of Alibaba Group, is going to launch its first physical store in Curitiba, featuring AliExpress Shopping Experience.

Chinese official voices digital coin plans

/E-commerce

Chinese official voices digital coin plans

More details have emerged around China's plans to issue its own digital coin following a lecture given by a senior official at the central bank.

/E-commerce

SIA to bring digital payments to Venice waterways

SIA and AVM Holding (Azienda Veneziana della Mobilità – the Venice public transport company) have signed an agreement to create an innovative digital platform that will allow residents and tourists to buy tickets using payment cards and smartphones, also in contactless mode, on board the “vaporetto” boats where the crew will be equipped with 650 Android SmartPOS terminals.

/E-commerce

Nationwide turns to OutSystems for low-code platform

OutSystems, provider of the number one low-code application development platform, today announced that leading financial institution Nationwide is using the OutSystems low-code platform to develop a new digital business savings service that will radically transform how Nationwide interacts with its business savings customers.

/E-commerce

SIBS launches biodegradable bank cards

SIBS, a leader in payments processing and financial technological services in Europe and the Iberian leader in Card Production and Personalization, through its unit for commercial cards production, has just launched the new Biodegradable PVC cards, representing a more sustainable alternative to traditional PVC, reducing environment’s impact.

/E-commerce

Wirecard expands Mizuho partnership

Wirecard, the global innovation leader for digital financial technology, is expanding its partnership with Mizuho Bank, Ltd., a leading global financial institution.

M-Payment firms form Euro association

/E-commerce

M-Payment firms form Euro association

Seven mobile payment firms covering more than 25 million registered users are clubbing together to form the European Mobile Payment Systems Association (EMPSA) which its members say will foster collaboration and facilitate international payments.

/E-commerce

TSB and Square announce payments partnership

TSB and payments provider Square have today announced a partnership to make card payments more accessible for TSB’s Business Banking customers across the country.

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