E-commerce

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/E-commerce

KaDeWe extends contract with Wirecard for cashless payments

Wirecard, the global innovation leader for digital financial technology, is expanding its cooperation with KaDeWe Group, operator of Germany’s most famous department stores for luxury products.

/E-commerce

Starling partners with Bottomline Technologies for instant payments

Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced its partnership with Starling Bank, the leading digital banking platform, and the launch of Bottomline’s Real Time Payments Express Service

PPRO buys allpago

/payments

PPRO buys allpago

UK cross-border e-payments firm PPRO has acquired Latin American counterpart allpago. Financial terms of the deal were not disclosed.

/payments

SpotOn Transact raises $40m

SpotOn Transact, LLC (“SpotOn”), an innovative payments and software company, today announced $40 million in new funding led by Franklin Templeton, with significant participation from Dragoneer Investment Group.

Amazon targets unbanked with 'Credit Builder' card

/E-commerce

Amazon targets unbanked with 'Credit Builder' card

Amazon has teamed up with Synchrony Financial to launch a secured credit card targeted at Americans with no credit history or bad credit.

/security

EMVCo publishes EMV Secure Remote Commerce specification v1.0

EMVCo has released EMV Secure Remote Commerce (SRC) Specification v1.0, which is available for free public download from the EMVCo website.

S Korea bemoans slow pace of its fintech market

/E-commerce

S Korea bemoans slow pace of its fintech market

An immature ecosystem and a lack of competition is slowing down South Korea's fledgling fintech industry according to the country's financial regulator

Millions of Brits go cashless amid rise of contactless and mobile banking

/payments

Millions of Brits go cashless amid rise of contactless and mobile banking

With mobile banking and contactless payments becoming ever more popular in the UK, one in 10 Brits now live a largely cashless life, according to figures from UK Finance.

/E-commerce

Visa and Western Union strike strategic alliance

Today, Visa (NYSE:V) announced a new strategic agreement with Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement.

/E-commerce

Tribe Payments granted Mastercard certification

Tribe Payments, a team of industry experts dedicated to delivering the future of payments, has secured certification from Mastercard as an issuer and acquirer processor across Europe.

Payment firms raise fears over EU security rules

/E-commerce

Payment firms raise fears over EU security rules

A lack of preparedness for the EU's new regulations on authentication could cost Europe's online economy more than €50bn according to a number of payment processors and e-commerce merchants.

Tencent leads $35m investment in UK fintech

/E-commerce

Tencent leads $35m investment in UK fintech

Chinese e-commerce giant Tencent is heading up a $35 million financing round for UK-based startup TrueLayer, further adding to its growing portfolio of fintech investments.

Money 20/20 Europe 2019: The future of B2B banking

/E-commerce

Money 20/20 Europe 2019: The future of B2B banking

What can we expect from the banking industry in 2019? The second day of sessions at Money 20/20 Europe 2019 answers this question, with Drew Graham, director, digital strategy at Barclays, kicking off proceedings with Claire Calmejane, group chief innovation officer at Société Générale, Dr. Leda Glyptis, 11:FS Foundry CEO and chief of staff at 11:FS and Anne Boden, CEO and founder of Starling Bank.

/security

New Strong Customer Authentication rules could cost Europe EUR57bn - Stripe

Today, payments infrastructure company Stripe released a new study conducted by 451 Research forecasting that Europe stands to lose €57 billion in economic activity in the first 12 months after SCA takes effect.

EBay partners Santander-backed app to offer UK sellers loans

/retail

EBay partners Santander-backed app to offer UK sellers loans

EBay has teamed up with Santander-backed fintech app Asto to offer cash flow loans to the online marketplace's small business customers in the UK.

/payments

PayPal unveils digital commerce platform

There has been tremendous change in digital commerce in recent years and several things are transforming the next phase of global commerce.

/E-commerce

Yoyo appoints former Mastercard exec as new chairman

Yoyo’s board of directors has today announced that David Yates, former president of New Payment Platforms at Mastercard and now a senior advisor to Mastercard, has taken on the role of chairman of the award-winning technology platform that combines payment, loyalty and marketing to increase customer lifetime value for physical and online retailers.

/E-commerce

89% of merchants 'primed for open banking' says Nuapay research

Eighty-nine percent of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new piece of research commissioned by Nuapay, a Sentenial company, has revealed.

/E-commerce

Paybase joins Startup Grind's accelerator programme

Leading payments solution Paybase has been selected to be part of Startup Grind’s 2019 Accelerate programme.

/E-commerce

SMEs benefit from cashless payments says study

The trend of card payment at the point of sale (POS) continues in Germany: Today more than half (52%) of customers prefer to pay cashless. This development towards digital payment offers significant potential for increases in sales and efficiency as well as cost reduction for small and mid-sized enterprises (SMEs).

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