Latest E-commerce News: Finextra Research

US mobile banking on the rise - Fed study

Nearly 40% of banked Americans that have mobile phones now use their handsets to access their accounts, according to research from the Federal Reserve Board.

27 March 2015

Company update/E-commerce

Global Payments acquires Realex Payments

Global Payments Inc. (GPN), a leading worldwide provider of payment technology services, announced today the purchase of Realex Payments, one of Europe’s largest and fastest growing payment gateways providing a range of technology services for businesses selling online.

25 March 2015

News/E-commerce

Optimal Payments agrees EUR1.1bn Skrill acquisition

London-listed Optimal Payments has agreed to buy Skrill Group for an enterprise value of around EUR1.1 billion in a deal it says will create a major global player in online payments and digital wallet services.

23 March 2015

News/E-commerce

Alibaba unveils 'smile-to-pay' tech

Chinese e-commerce giant Alibaba is developing facial recognition technology that enables mobile shoppers to replace their passwords with selfies.

16 March 2015

Company update/E-commerce

TA Associates invests in China's YeePay

TA Associates, a leading global growth private equity firm, today announced it has completed an investment in YeePay, a leading payments service provider in China.

16 March 2015

News/E-commerce

Apple Pay shows steep consumer adoption curve

The Apple effect on mobile payments uptake in the US is thrown into relief by a new survey of iPhone 6 users by Auriemma Consulting, which shows that fully 42% have tried Apple Pay, with three quarters of the sample going on to make repeat purchases.

12 March 2015

Company update/E-commerce

Online commerce fraud prevention startup Ravelin secures seed funding

Ravelin, the smarter fraud prevention platform, today announced that it has raised a seed round of investment from Passion Capital.

12 March 2015

News/E-commerce

Alibaba advances on Europe with iwoca and ezbob tie-up

Alibaba has enlisted the help of two UK working capital startups to provide micro-financing to European firms wishing to buy from Chinese suppliers.

11 March 2015

Company update/E-commerce

PPRO to partner Alipay on European payments

Electronic payment specialist, The PPRO Group, will collaborate in Europe with Alipay, China’s leading third-party online payment service, to offer new payment options for online shoppers of AliExpress, a global online marketplace for consumers to buy directly from Chinese businesses.

10 March 2015

News/E-commerce

EPC lays out framework for handling card-not-present transactions

The European Payments Council has drawn up a blueprint for the creation of an interoperable card and terminal infrastructure to handle card-not-present transactions across the Single Euro Payments Area (Sepa).

10 March 2015

News/E-commerce

PayPal's Schulman lays out plan to rule the digital commerce world

Incoming chief Dan Schulman has set out his vision for turning PayPal from a button on a website into the operating system for digital commerce.

06 March 2015

News/E-commerce

Madrid's public transport system to trial mobile NFC ticketing

Madrid's public transport system operator is working with Telefonica, Samsung and Gemalto to pilot mobile NFC ticketing.

04 March 2015

News/E-commerce

Visa to buy offers specialist TrialPay

Visa has struck an agreement to acquire American transactional advertising outfit TrialPay. Financial terms of the deal have not been disclosed.

27 February 2015

News/E-commerce

Startup profile: VoguePay's African ambitions

With offices in Lagos and London, VoguePay is looking to build a payment processing bridge connecting Africa's one billion people to the global market. Founders Geoffrey Weli Wosu and Michael Simeon speak to Finextra about their startup.

24 February 2015

News/E-commerce

Stripe offers bitcoin payments through a single line of code

Digital payments upstart Stripe has added support for bitcoin, enabling merchants to accept the crypto-currency through just a single line of code.

20 February 2015

News/E-commerce

Greek banks sign up to MyBank

The four biggest banks in Greece are to adopt EBA Clearing's MyBank service to fulfill customer online shopping transactions direct from the banks' websites.

18 February 2015

News/E-commerce

Finextra Future Money returns for 2015

Created as the premier event bringing both the most innovative minds in banking together with the exploding FinTech community, Finextra Future Money returns to London on April 21 and 22 for an exciting two day event.

16 February 2015

News/E-commerce

Finovate Europe 2015 - Day 2 Roundup

The second and final day of Finovate Europe saw 32 startups take the stage to try and impress a packed crowd of fintech VCs, journalists, bankers and experts. PFM, mobile payments and wealth management all made an appearance, often to a critical audience - while other firms attempted to push the boundaries of fintech, causing a huge buzz within Old Billingsgate and on social media.

11 February 2015

Company update/E-commerce

Qiwi and MegaFon to launch co-branded mobile wallet

QIWI plc (QIWI) (QIWI.ME), a leading provider of next generation payment services ("QIWI"), and MegaFon (MFON.L), a leading Russian telecommunications operator ("MegaFon"), announce the start of a strategic partnership aimed at development of high-tech solutions in electronic payments based on a combination of the business expertise of both companies.

11 February 2015

News/E-commerce

Icici unveils Pockets mobile wallet

As it prepares to face a host of new competitors, Icici Bank has set out its pitch to India's millennials with a new mobile wallet called Pockets.

11 February 2015