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/E-commerce

SpareBank 1 adds risk-based authentication to Nets 3D Secure programme

The SpareBank 1 Alliance has expanded its cooperation with Nets on 3D Secure to include Risk-Based Authentication (RBA). This solution enables quicker and easier online shopping for SpareBank 1's personal customers without compromising on security.

Scottish University creates fintech degree course

/E-commerce

Scottish University creates fintech degree course

The University of Strathclyde has launched a Masters of Science (MSc) programme in fintech, what it claims is the first such course in the UK.

/E-commerce

ACI Worldwide to power fraud protection for Kuwait's national payments switch

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that The Shared Electronic Banking Services Company (KNET) in Kuwait has expanded its relationship with the company and will leverage its payments risk management solution to power fraud protection for its member banks.

/E-commerce

BBVA buys Mexican payments startup Openpay

As part of its ongoing efforts to accelerate transformation by growing its portfolio of digital businesses, BBVA has signed an agreement to acquire Mexican startup Openpay, a company that offers a broad range of advanced online payments solutions and functionalities.

/E-commerce

Concardis partners with IAV to develop automotive marketplace

Payment service provider Concardis and IAV, one of the leading development partners for the automotive industry, will be presenting the Automotive Marketplace at the Consumer Electronics Show (CES) from 5 to 8 January 2017 in Las Vegas.

House of Fraser invests £35m in neobank Tandem

/E-commerce

House of Fraser invests £35m in neobank Tandem

A UK department store is making a multi-million pound investment in an app-only challenger bank in order to offer its shoppers an exclusive banking tool and payment method.

/E-commerce

Citi and PayPal form alliance

Today, Citi announced a strategic agreement with PayPal, which will enable Citi cardmembers to use their Citi Cards with PayPal seamlessly – online, in-app and in store – in 2017. Terms of the agreement are not being disclosed.

/E-commerce

Computop and AsiaPay form strategic partnership

Computop, a leading payment service provider, and AsiaPay, one of Asia-Pacific’s most distinguished payment service providers, today announced their new strategic partnership.

/E-commerce

Wirecard gets behind VocaLink Pay by Bank app

VocaLink today announces that Wirecard, one of Europe's leading specialists for payment and internet technology, has joined the payment providers backing the Pay by Bank app mobile payments initiative.

Cash to account for less than a quarter of US transactions by 2026 - research

/E-commerce

Cash to account for less than a quarter of US transactions by 2026 - research

The rise of mobile and contactless payments means that by 2026 cash will account for less than a quarter of all transactions in the US, according to research from law firm Paul Hastings and the Centre for Economics & Business Research (Cebr).

/E-commerce

Opera adds currency conversion to browser

This year, we celebrate 20 years of making a browser. 2016 has been a big year for Opera, one in which we have been able to make the browser a lot better.

/E-commerce

Carte Bancaire taps Gemalto for mobile payments

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by "Le Groupement d'intérêt Economique des Cartes Bancaires (CB)" in France to supply the technology of its PURE payment solution for mobiles.

/E-commerce

Ethoca calls for industry collaboration to combat false declines

Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced an expanded global search for participants in ongoing Ethoca pilot programs focused on solving the multi-billion-dollar false decline problem.

AmEx buys digital security outfit InAuth

/E-commerce

AmEx buys digital security outfit InAuth

American Express has moved to boost its fraud fighting capabilities through the acquisition of mobile device authentication specialist InAuth. Financial terms of the deal were not disclosed.

/E-commerce

Vantiv and Ppro Group partner

Vantiv, Inc. (VNTV), a leading provider of payment processing services and technology for merchants and financial institutions of all sizes, and Ppro Group, a cross border e-payment provider, today announced a partnership to offer international alternative payment methods (APMs) to Vantiv's merchants.

Guesswork alone can crack Visa card security - Newcastle University

/E-commerce

Guesswork alone can crack Visa card security - Newcastle University

Working out the card number, expiry date and security code of any Visa credit or debit card can take as little as six seconds and uses nothing more than guesswork, new research has shown.

Visa to acquire Cardinal Commerce

/E-commerce

Visa to acquire Cardinal Commerce

Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.

/E-commerce

Harbin Bank signs transaction laundering service deal with Austreme

With the rapid development of cross-border e-commerce payment settlement business, Harbin Bank signed the Transaction Laundering Detection (TLD) Service Agreement with Austreme to prevent unauthorized merchants from using registered merchant accounts to submit transactions and expand the Bank’s capability in detecting and monitoring the laundering merchant sites.

/E-commerce

SocGen agrees merchant acquiring deal with American Express

Societe Generale announces that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates.

/E-commerce

Cash is ghost of Christmas past - Visa

Visa (NYSE: V) today announced shoppers in the UK spent more than £2Bn on Visa cards on the day that has come to signify the kick-off of the Christmas retail season, with nearly half of that spend occurring online.

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