Latest E-commerce News: Finextra Research

MasterCard bigs up MasterPass

As the share of digital payments in Europe keeps on growing to reach 38% of payments by 2020, the continued transformation of Mastercard to an even more digital company is driven by the rapid growth, support and success of Masterpass, the company’s digital payment service.

07 September 2016

Company update/E-commerce

OT Motion Code cards make headway in Japan

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, and Toppan (Toppan Printing), one of Japan’s leading printing companies, announced during the FIT exhibition in Tokyo, their partnership to provide Japanese cardholders with OT MOTION CODETM, a dynamic cryptogram payment card, and with COSMO OTP, a payment card that generates One-time passwords (OTP).

07 September 2016

News/E-commerce

PayPal targets the high street through MasterCard deal

Following a similar agreement with Visa, PayPal has struck a deal with MasterCard that will help the e-commerce specialist step up its attack on the bricks-and mortar market.

06 September 2016

Company update/E-commerce

PayPal names Paul Parisi GM, Canada

PayPal announced the appointment of Paul Parisi as the new general manager of PayPal Canada, effective today. Paul is a results-focused Canadian leader who joins PayPal with a strong record of more than 17 years in the payments industry.

06 September 2016

Company update/E-commerce

Sound payments: China Unionpay to issue 'Audio Bank Cards'

On August 22, 2016, Qilong and Shenzhen Qianhai Exce-card Technology ("SQEC") entered into a strategic agreement, pursuant to which both parties will coordinate with banks to issue China Union Pay audio bank cards (the "Audio Bank Cards"), which can make sounds when the buttons on the Audio Bank Cards are pressed.

01 September 2016

Company update/E-commerce

Payworks revamps for next generation payments

Today, Payworks officially announced the launch of Pulse, a next generation payment gateway technology.

30 August 2016

News/E-commerce

Samsung Pay hits 100m transaction mark on first anniversary

A year after launch, Samsung Pay has been used to make around 100 million unique transactions in seven countries, with the electronic giant's home market of South Korea leading the way.

24 August 2016

Company update/E-commerce

Blockchain Foundry for e-commerce launched

Blockchain Foundry Inc. today announces its establishment as a leading developer of blockchain solutions for businesses and individual consumers.

22 August 2016

News/E-commerce

Singapore makes cashless payments push

Singapore is set to introduce a payments system similar to the UK's Paym, which will let people send money using only recipients' mobile numbers, as part of a concerted effort to wean the city state off of cash.

19 August 2016

News/E-commerce

Online shopping fuels sharp rise in UK card fraud

UK card fraud losses climbed by 18% in 2015, the sharpest rise in Europe, driven by online shopping and data breaches.

04 August 2016

News/E-commerce

Alibaba and AXA form insurance pact

AXA has formed an alliance with Alibaba that will see the French insurance firm develop products and services for the Chinese e-commerce behemoth's customers.

29 July 2016

News/E-commerce

MasterCard and PayPal hold talks about alliance - FT

MasterCard and PayPal have engaged in a "constructive dialogue" about a possible strategic alliance, according to a report in the Financial Times.

29 July 2016

Company update/E-commerce

African banks losing their share of payment space - report

Traditional banks are poised to lose as much as 50% of their ownership of the payment space by the end of 2016.

29 July 2016

Company update/E-commerce

Vietnam banks to start issuing JCB credit cards

JCB International Co., Ltd. (JCBI), international operations subsidiary of JCB Co., Ltd., today announced that Takashimaya Company, Limited (Takashimaya) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will start issuing JCB credit cards on July 30, 2016.

29 July 2016

Company update/E-commerce

Payment Data Systems launches iOS payment processing SDK

Payment Data Systems, Inc. (PYDS), an integrated payments solutions provider, today announced the launch of PDS Checkout for Apple iOS, a software development kit (SDK) that enables mobile apps to easily accept payments using Payment Data Systems’s credit card and ACH processing platforms.

28 July 2016

Company update/E-commerce

UKForex launches new online service

UKForex, part of OFX, one of the world’s largest international payment businesses, has today announced the launch of OFX for Online Sellers, a new online merchant solution that streamlines payments from international marketplaces such as eBay and Amazon into bank accounts in the USA, Canada, Eurozone, Hong Kong, Australia, and the UK.

28 July 2016

Company update/E-commerce

Yandex.Checkout targets merchants with QR-code payment feature

Yandex.Checkout is launching a new feature for merchants: the ability to accept payments through QR-codes.

28 July 2016

Company update/E-commerce

Thai technologists keen on alternative payments for online shopping - ACI Worldwide

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the results of its new Thai Commerce & Payment Study.

27 July 2016

Company update/E-commerce

Venmo takes in-app payments out of beta

Earlier in 2016, we announced that a limited number of Venmo users would get to experience the familiar delight and ease of paying with Venmo, a PayPal service, within their favorite merchant apps.

27 July 2016

News/E-commerce

Aussie banks team up for Apple Pay legal challenge

Four Australian banks are joining forces to negotiate with Apple and be allowed to offer their own payment services on the tech giant's hardware.

27 July 2016