Latest E-commerce News: Finextra Research

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.

03 January 2017

Company update/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.

15 December 2016

Company update/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.

15 December 2016

Company update/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.

15 December 2016

News/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).

15 December 2016

Company update/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.

13 December 2016

Company update/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.

09 December 2016

Company update/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.

07 December 2016

News/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.

06 December 2016

Company update/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.

06 December 2016

News/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.

05 December 2016

News/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.

02 December 2016

Company update/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.

01 December 2016

Company update/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.

30 November 2016

Company update/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.

29 November 2016

News/E-commerce

EBA told that tougher authentication will have a "chilling" effect on single market

A cross-industry letter signed by 39 European and national organisations in the payments value chain has hit out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions under the revised Payments Service Directive (PSD2).

28 November 2016

News/E-commerce

Stripe raises $150m at $9.2bn valuation

Digital Payments outfit Stripe has raised $150 million in a Series D funding round which values America's top fintech dog at more than $9 billion.

25 November 2016

Company update/E-commerce

Cyber Monday poses security risks says NuData Security

Threat intelligence from NuData Security, released today, provides insight into the ominous cyber fraud threats coming over this holiday period.

25 November 2016

Company update/E-commerce

UK stays top of European e-commerce market - Ken Research

Ken Research declared its latest production on “Online Retailing in Europe, 2015-2020; Market Dynamics, Retail Trends and Competitive Landscape,” which offers vast information on the changing trends and significant issues involved in the Europe Online Retail market.

25 November 2016

Company update/E-commerce

Ingenico unveils mobile payments service at Trustech conference

Ingenico Group, the global leader in seamless payment, today announced the launch of its new mobile point of sale at the upcoming Trustech show in Cannes, France.

25 November 2016