Latest E-commerce News: Finextra Research

German mobile payments outfit Yapital wound down

German retail giant Otto Group is shutting down its Yapital mobile payments business, blaming a competitive market and weak consumer take up.

01 December 2015

Company update/E-commerce

BlueSnap launches Powered Buy platform with support from Visa and MasterCard

BlueSnap announces today the launch of its Powered Buy Platform, a next-generation global payment gateway that makes mobile checkout frictionless for consumers and integration to the platform simple for online merchants.

30 November 2015

News/E-commerce

BBVA Bancomer first to roll out dynamic CVV/CVC for mobile transactions

Mexico's BBVA Bancomer has become the first bank to commercially implement technology that replace static three-digit security codes with a dynamic CVV/CVC that changes every 20 minutes as part of its mobile wallet app.

27 November 2015

Company update/E-commerce

Brits to spend £1.9 billion on Visa cards on Black Friday

£1.9bn will be spent on Visa cards on Friday 27th November – Black Friday – making it the biggest day for spending on this day in history.

27 November 2015

Company update/E-commerce

Visa and MyGate to push Visa Checkout in South Africa

Visa Inc. (NYSE:V), a global payments technology company, has partnered with online payments leader MyGate to process Visa Checkout in South Africa.

27 November 2015

Company update/E-commerce

Rocket Internet pushes Black friday to frontier markets

Massive sales, great offers and special deals: Rocket companies continue to establish Black Friday in emerging markets making the phenomenon accessible for millions of people across the globe.

27 November 2015

News/E-commerce

Alternative payment methods challenge plastic's supremacy

Alternative payment methods such as ewallets are overtaking cards as the most popular way to buy online, according to new research from WorldPay.

25 November 2015

News/E-commerce

MyPINpad and VocaLink bid to digitise consumer PINs

VocaLink has entered a five-year agreement with UK company myPINpad to bring Chip and PIN-style authentication to online and mobile shopping transactions.

23 November 2015

Company update/E-commerce

Payment Data Systems launches virtual card account platform and API

Payment Data Systems (PYDS) today announced the launch of Akimbo Now, a simple yet powerful payment service and API that allows businesses and third-party applications to send rewards, incentives, and other payments.

16 November 2015

Company update/E-commerce

Electronic payments contribute significantly to US economic growth

“Electronic payments are highly efficient, offering advantages such as speed, reduced costs, and accuracy,” said Dr. Ray Perryman, President and CEO of The Perryman Group. “These enhancements have contributed significantly to the expansion of the US economy, increasing liquidity and stimulating personal consumption.”

11 November 2015

Company update/E-commerce

Payfont raises £1.2 million

In the midst of the current cyber-attacks on firms such as “TalkTalk” and many others, “Payfont”, the Scottish Cybersecurity company have raised a further £1.2m from investors taking their funding to £2.8m since their move to commercialisation in July 2014.

10 November 2015

Company update/E-commerce

Amazon taps Payoneer for cross-border payments

Payoneer Inc., a leading online payments company transforming the way businesses send and receive cross-border payments, has been selected by Amazon to expand cross-border payment options to sellers from 24 countries(1) who sell on marketplaces in the U.S., Spain, France, Italy, Germany and the UK.

04 November 2015

News/E-commerce

PayPal accused of playing Grinch with Christmas TV ad

PayPal's efforts to cash in on the season of goodwill have backfired after the firm's new UK Christmas TV advert drew hundreds of complaints from parents for implying that Santa does not exist.

03 November 2015

News/E-commerce

Biometrics backers push case for password-free payments

Passwords could soon be a thing of the past according to speakers at this week's Money 20/20 event in Las Vegas.

30 October 2015

Company update/E-commerce

LogNet Billing releases new version of mobile billing app

LogNet Billing, the provider of Modern Billing solutions for service providers worldwide, announced today that the company has released MaxBill 5, version 5 of its MaxBill solution.

30 October 2015

Company update/E-commerce

Eurosmart admits GSTAG as new member

Effective today, GSTAG, a manufacturer of multi-technology smart cards joined Eurosmart, the European association representing the Smart Security Industry in Brussels, as a new member.

29 October 2015

Company update/E-commerce

PayPal reports first post-eBay split results

Global technology platform and payments leader PayPal Holdings, Inc. (Nasdaq:PYPL) today announced results for the third quarter ended September 30, 2015, demonstrating PayPal's strong start as an independent, public company.

28 October 2015

Company update/E-commerce

Allpago opens Colombian office

To reinforce its commitment to developing Latin American e-Commerce through pioneering payment solutions, allpago launches its Colombian office and publishes exclusive report on Colombia during Money20/20.

28 October 2015

Company update/E-commerce

Ingenico unveils tools for online merchants

Today, Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, announces that Ingenico ePayments, its online and mobile commerce division, will introduce Ingenico Connect, an entirely redesigned set of tools for online merchants.

28 October 2015

Company update/E-commerce

Lightspeed launches cloud POS service for UK retailers

Today, Lightspeed POS, the commerce platform for serious retailers and restaurateurs, announced the UK launch of Lightspeed Retail, the world’s most powerful cloud POS system for independent retailers.

28 October 2015