E-commerce

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CommerzVentures invests in anti-fraud startup Fraugster

/E-commerce

CommerzVentures invests in anti-fraud startup Fraugster

Fraugster, a Berlin-based software outfit using AI to help online retailers prevent fraud, has raised $14 million in a Series B funding round led by Commerzbank's VC arm.

/payments

Ixaris targets travel sector

Today, B2B payments solutions provider Ixaris announces the launch of a range of payment products that will see Ixaris, with support from Visa in Europe, target the global travel sector with competitive travel payments offerings based on Ixaris’ award-winning virtual payments solutions.

/payments

Braintree adds Samsung Pay support

At Braintree, we’re focused on helping drive the future of commerce by offering our merchants the tools they need to succeed in today’s -- and tomorrow’s -- global economy.

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

/payments

Amazon to offer Western Union option for cross-border shopping

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, today announced it is has been engaged by Amazon to launch a new payment option that allows international shoppers to pay in person, in local currency where available, for their online purchases. Amazon is focused on providing international customers with access to millions of products.

/E-commerce

SmartPesa opens payments gateway in Nigeria

SmartPesa, a specialised payments and agency banking technology solutions provider based in Singapore, today announced its partnership with Nigerian e-commerce and e-payments company NetPlusDotCom to launch its cutting-edge payments gateway in Nigeria.

DBS launches Facebook Messenger bot for restaurant orders

/payments

DBS launches Facebook Messenger bot for restaurant orders

Singapore-based DBS has begun testing a chatbot that allows customers to order and pay for meals at participating restaurants through Facebook Messenger.

British Airways warns another 185,000 cards compromised by data breach

/security

British Airways warns another 185,000 cards compromised by data breach

British Airways is warning that another 185,000 customers may have had their payment card details stolen in a data breach.

/E-commerce

American Express taps Rambus for Tokenization programme

Rambus Inc. (NASDAQ: RMBS) and American Express Australia today announced a new collaboration to help merchants enrich and secure e-commerce and m-commerce transactions with tokenization.

Ride-hailing app Grab launches prepaid Mastercard

/E-commerce

Ride-hailing app Grab launches prepaid Mastercard

Southeast Asian ride-hailing app Grab is pushing further into payments through the launch of a prepaid Mastercard card.

/payments

Yapstone unveils Transact payment platform

Yapstone, a leading online marketplace payment provider, today announces the launch of Transact, its new payment platform with expanded global capabilities, at Money 20/20, USA.

/E-commerce

First Data deploys Inside Secure to connect to Visa and Mastercard token services

Inside Secure (Euronext Paris: INSD), at the heart of security solutions for mobile and connected devices, today announced that First Data Polska S.A., a division of the global leader in commerce-enabling technology, selected Inside Secure technology to enable secure and flexible connections to Mastercard and Visa.

/E-commerce

Bank of America Merchant Services integrates BlueSnap payment platform

First Data (NYSE:FDC), a global leader in commerce enabling technology, and Bank of America Merchant Services, a leader in payments, ecommerce and security solutions, announced today that Bank of America Merchant Services has integrated BlueSnap’s All-in-one Payment Platform.

/payments

Geoswift and PayEase launch China cross-border payments offering for overseas merchants

Geoswift, a leading provider of cross-border payment solutions between China and the rest of the world, and PayEase, a licensed Chinese Payment Services Provider, announced a new joint solution that enables overseas merchants to clear and settle cross-border payments efficiently.

/security

EMVCo seeks public comment on draft Secure Remote Commerce spec

EMVCo has today published a draft of its EMV Secure Remote Commerce (SRC) Specification, which is available for download from the EMVCo website and open for a public comment period of 45 days, until Monday 3 December.

/E-commerce

PayU to make Google Pay available in online stores in Europe

Online retailers cooperating with PayU in Europe have been granted access to a new form of payment in their websites as well as in mobile applications.

Payments revenue to hit $2.4 trillion by 2027

/E-commerce

Payments revenue to hit $2.4 trillion by 2027

The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.

/security

Visa unveils big name partners to tokenisation service

Visa Inc. (NYSE:V) today announced the commercial expansion of the Visa Token Service for credential-on-file (COF) token requestors, marking a major milestone towards further securing consumer payments in the digital channel.

/payments

Worldnet adds GooglePay support

Worldnet, a provider of the leading cloud management platform for omni-channel payments, has completed GooglePay certification to enable payment service providers (PSPs) and independent sales organizations (ISOs) the capability to accept payments from any device using the GooglePay platform.

/payments

Fed study finds rising noncash payments fraud

The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.

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