Latest E-commerce News: Finextra Research

PumaPay raises $117m in private token sale

Decentralized Vision, Cyprus-based blockchain company, has ended the Private Sale for its PumaPay project by raising $117 million on May 7, 2018.

14 May 2018

News/E-commerce

BBVA and Nordea bid to smooth ecommerce payments

BBVA and Nordea are both rolling out new online payments platforms designed to make ecommerce simpler and safer for merchants and consumers.

08 May 2018

News/E-commerce

Samsung Pay gets cash back feature

Samsung is adding a cash back feature to its mobile payments service, enabling American users to get money back on purchases made at partner retailers.

04 May 2018

News/E-commerce

Google Pay comes to the web for desktop and iOS

Google Pay is finally coming to the web for desktop and iOS devices, enabling online shoppers on supported sites to checkout with the service.

03 May 2018

News/E-commerce

iZettle eyes Unicorn status in forthcoming IPO

Swedish e-commerce outfit iZettle is looking to propel its business to Unicorn status in an IPO that could be announced as early as next week, according to the Financial Times

02 May 2018

Company update/E-commerce

Sberbank and Yandex complete joint venture deal

Sberbank and Yandex today announced the formation of a joint venture based on the Yandex.Market platform.

01 May 2018

News/E-commerce

Baidu to offload majority stake in financial services unit

Chinese internet search giant Baidu is to divest a majority equity stake in its financial services unit to a group of venture capital investors, raising $1.9 billion.

30 April 2018

Company update/E-commerce

Square to buy website builder Weebly

Square, Inc. (NYSE: SQ) has entered into a definitive agreement to acquire Weebly. Square will pay a mix of cash and stock of approximately $365 million, which includes Square restricted stock units for Weebly’s founders and employees that will vest over four years subsequent to closing.

26 April 2018

News/E-commerce

PayPal and Barclays make digital payments pact

PayPal continues to cosy up to former rivals in the banking world, working with Barclays to reduce digital payments friction for UK and US customers.

26 April 2018

Company update/E-commerce

ebay and Paypal finalise new payment deal

eBay and PayPal today confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023.

24 April 2018

News/E-commerce

Major card schemes zero in on single 'buy' button for online commerce

Major card schemes are rallying around the the new EMVCo Secure Remote Commerce (SRC) framework in a bid to create a ubiquitous online shopping technology standard backed by token-only storage of payment details.

19 April 2018

News/E-commerce

iZettle sets up e-commerce marketplace for small traders; Qapital raises $30 million

Swedish mPOS outfit iZettle has launched an e-commerce marketplace for small business owners to sell their wares online.

19 April 2018

Company update/E-commerce

Stripe boosts fraud prevention with Radar 2.0

We launched Radar in 2016 to help protect our users from fraud. We’ve blocked billions of dollars in fraud across the Stripe network for companies of all sizes—from startups like Slice and WeSwap to larger companies like Fitbit and OpenTable.

18 April 2018

Company update/E-commerce

Rabo Frontier Ventures acquires stake in GoCredible

Rabo Frontier Ventures (RFV), Rabobank’s strategic investment arm, is investing in Netherlands-based FinTech company GoCredible by acquiring a stake in the company.

18 April 2018

Company update/E-commerce

Alipay makes Italian move through Sella tie-up

Shopping with their smartphones will be increasingly possible, for more than 3 million Chinese tourists arriving each year in our country, thanks to the agreement signed between Gestpay, the Italian solution for online payment of Sella Group, and Alipay, the payment platform of Ant Financial, an affiliate company of Alibaba Group.

17 April 2018

Company update/E-commerce

Retailers losing out on £18bn each year through ‘Surf and Turf’ online shopping trend

UK retailers are losing out on more than £18bn in potential sales each year, as British shoppers have made a habit of website window-shopping, adding items to their online basket but ‘dropping out’ of the purchase before buying.

17 April 2018

Company update/E-commerce

Adyen becomes Oracle PartnerNetwork gold level partner

Oracle today announced that it has awarded Adyen, the payment platform of choice for the world’s leading companies, a Gold level member of Oracle PartnerNetwork (OPN).

10 April 2018

News/E-commerce

M-Pesa wallet goes online in collaboration with PayPal

Kenyan users of the popular M-Pesa mobile wallet will soon be able to make purchases globally online through a collaboration between Safaricom, TransferTo and PayPal.

09 April 2018

Company update/E-commerce

Nacha issues update on API standardisation plans

NACHA—The Electronic Payments Association® and the Payments Innovation Alliance today released a Meeting Summary Report from the latest meeting of the API Standardization Industry Group.

06 April 2018

Company update/E-commerce

NIFT and TPS to build digital banking platform in Pakistan

National Institutional Facilitation Technologies (NIFT) and TPS have entered into a strategic partnership to build a Digital Financial Services Platform in Pakistan.

05 April 2018