Latest E-commerce News: Finextra Research

Stripe launches authentication feature for fast SCA checkout

Stripe has signed up Wise as the first user of a new biometric delegated authentication feature for strong customer authentication (SCA) transactions.

08 June 2022

News/payments

Apple launches BNPL product

Apple has jumped into the buy now, pay later market, enabling US customers to to split Apple Pay purchases into instalments.

06 June 2022

News/crypto

Fung raises $2.7m to unify crypto and fiat payment rails

Dutch startup Fung has raised $2.7 million in pre-seed funding for its mission of unifying crypto and fiat payment rails.

06 June 2022

News/payments

Matchmove acquires e-commerce firm Shopmatic

Souteast Asian emebedded finance firm MatchMove has acquired e-commerce specialist Shopmatic in a $200 million deal.

23 May 2022

News/security

Google brings virtual cards to Chrome and Android

Google is working with Visa, Mastercard and American Express to bring virtual cards to Chrome and Android.

12 May 2022

News/payments

Ebury buys Bexs to expand international payments to Brazil

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade internationally, has agreed to buy Bexs in a move that expands its international payments offering to Brazil.

12 May 2022

News/security

Nationwide stops 2000 more frauds a month with SCA rules

Nationwide Building Society says that the introduction of Strong Customer Authentication (SCA) rules in March is helping it stop 2000 cases of online card fraud a month.

11 May 2022

News/startups

A2A startup kevin. closes $65m Series A

Kevin., a Lithuanian-based account-to-account payment startup, has raised $65 million in a Series A funding round led by Accel.

04 May 2022

News/retail

Indian neobank Open hits unicorn status

Indian neobank Open has become a unicorn after securing $50 million in a Series D funding round led by investment firm IIFL.

04 May 2022

News/startups

A2A e-commerce checkout startup Volume raises $2.4 million seed round

Volume, an online checkout startup that uses open banking mandated variable recurring payments to enable account-to-account payments for online merchants, has closed a pre-seed round of $2.4 million.

26 April 2022

News/payments

Primer and hoolah team to bring BNPL to Asian merchants

Asian omnichannel buy now, pay later platform hoolah has teamed up with no-code payments automation platform Primer to make it easy for merchants in Singapore, Malaysia and Hong Kong to integrate BNPL into their systems.

22 April 2022

News/payments

Google fund invests in Dutch fintech Payaut

Google's AI-focus venture fund has led an €8 million seed round for Payaut, an automated payment provider for online platforms and marketplaces.

13 April 2022

News/security

Westpac automatically blocks payments to suspected scammers

Westpac has started automatically blocking suspect online transactions from overseas retailers deemed high-risk of being a scam.

12 April 2022

News/crypto

Online checkout giant Bolt to buy Wyre to add crypto payments

Decacorn online checkout company Bolt is set to add crypto payments to its platform after agreeing to buy blockchain infrastructure provider Wyre for a reported $1.5 billion.

07 April 2022

News/payments

Advent takes majority stake in MangoPay

Private equity giant Advent International is buying a majority stake in MangoPay, a European payment technology provider for marketplaces and platforms.

06 April 2022

News/security

Online retailers warned of lost sales as SCA comes into effect

Online retailers are being warned to be prepared for the introduction of Strong Customer Authentication (SCA), the biggest change to payments since Chip & Pin rolled out 16 years ago.

14 March 2022

News/regulation

UK merchants warned to get ready for imminent SCA

With the UK finally set to officially enforce Strong Customer Authentication (SCA) rules, vendor Forter is warning merchants that issuing banks are already issuing soft declines on transactions which have not been sent to 3DS and are not flagged as either exempt or out of scope.

04 March 2022

News/crypto

Copernic Space launches world’s first sale of space assets

An ‘eBay for space’, of sorts, Copernic Space has today launched its initial private sale of payload space – essentially enabling suppliers to send a minimum of 100g of physical cargo (such as artworks, or IoT devices) to the moon.

16 February 2022