Latest E-commerce News: Finextra Research

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.

18 October 2019

News/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?

18 October 2019

Company update/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.

18 October 2019

Company update/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.

18 October 2019

News/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.

17 October 2019

Company update/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.

11 October 2019

Company update/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.

07 October 2019

News/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

07 October 2019

News/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

07 October 2019

News/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.

01 October 2019

News/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.

01 October 2019

Company update/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.

27 September 2019

News/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.

24 September 2019

News/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.

24 September 2019

News/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.

19 September 2019

News/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.

18 September 2019

Company update/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.

17 September 2019

News/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.

10 September 2019

Company update/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.

10 September 2019

Company update/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.

09 September 2019