E-commerce

1237 articles tagged with this keyword

/security

NatWest tests behavioural biometrics for Strong Customer Authentication

In a move that could signal the beginning of the end for passwords, NatWest is teaming up with Visa to test the use of behavioural biometrics for the upcoming Strong Customer Authentication (SCA) rules.

/payments

Apexx Global beats lockdown gloom with $8 million Series A

UK-based payments platform Apexx Global has sealed a $8 million Series A funding round with contributions from new and existing investors in the UK and Scandinavia.

/payments

BlackRock invests in online payments firm Trustly

BlackRock private Equity Partners and a group of institutional investors are becoming minority shareholders in Swedish online account-to-account payments provider Trustly. Terms were not disclosed.

/payments

Dispute management platform Chargeback raises $6.6m

Chargeback, an American real-time dispute management platform for merchants, has closed a $6.6 million Series A1 funding round led by Fintop Capital and Next Frontier Capital.

/payments

More than half of UK payments in 2019 made by card

More than half of all payments in the UK were made by card last year as cash usage fell sharply, industry figures show.

/security

Barclaycard adopts SCA-busting fraud module from Kount

Barclaycard Payments, which processes almost 40 per cent of card transactions in the UK, is to provide merchant customers with real-time fraud detection software from Kount.

/payments

Google tests voice confirmation for payments

Google is piloting a feature that lets people authorise purchases with their voice through its Assistant tool.

/payments

Facebook makes e-commerce play with Shops

Mark Zuckerberg is diving into e-commerce, launching a service that lets small businesses set up storefronts on Facebook and Instagram - although buyers will often have to leave the apps to complete purchases.

/startups

Payments startup Primer raises £3.2m

UK payments startup Primer has raised £3.2 million in a seed funding round led by Balderton Capital and joined by Transferwise co-founder Taavet Hinrikus.

/payments

Banked moves out of beta to take on Visa and Mastercard

Account-to-account payments startup Banked has moved out of public beta after securing £2.35 million in seed funding.

/regulation

Pressure grows on EBA to amend SCA timetable

Payments Europe, an industry association representing the views of card issuers and card acquirers, has joined the growing calls for a delay to the introduction of strong customer authentication (SCA) rules and for a harmonised approach across national markets.

/payments

Tencent buys stake in Aussie buy-now-pay-later outfit Afterpay

Chinese tech giant Tencent has bought a five per cent stake, worth around A$390 million, in Australian buy-now-pay-later firm Afterpay.

/payments

UK cash withdrawals plummet 60% during Covid-19 lockdown

The Covid-19 pandemic is radically changing cash usage in the UK, with ATM withdrawals falling 60% during the lockdown and three quarters of Brits reporting that their use of paper money is down.

/covid-19

Bank of America's Head of FIs GTS: Cash has increased in prominence as a security

Despite the assumption that the Coronavirus pandemic will prove the last nail in the coffin, Bank of America's head of financial institutions GTS believes demand for paper money as a security has in fact increased.

/regulation

Blaming Covid-19, European payments industry calls for SCA delay

Citing Covid-19, the European payments industry is calling on the EBA to push back the deadline for the migration to Strong Customer Authentication (SCA) standards still further.

/payments

Hong Kong's Oriente scores $50 million in funding

Hong Kong-headquartered merchant and consumer credit financing platform Oriente has has secured a fresh capital injection of approximately $50 million in its on-going Series B funding round.

/payments

Worldline progresses M&A strategy with majority stake in GoPay

Worldline has reinforced its merchant services business in Eastern Europe with the acquisition of a majority stake in Czech online payments processor GoPay.

/covid-19

Alipay offers boost to Covid-19-hit Wuhan merchants

Payments behemoth Alipay has set up a special section of its app to promote local merchants in Wuhan, the city where Covid-19 emerged before spreading across the world.

/payments

Curve introduces numberless cards

Card consolidation app Curve has become one of the first firms in Europe to roll out numberless cards in a move it says boosts security and convenience.

/payments

CaixaBank helps Covid-19-hit retailers sell over social media

Spain's CaixaBank has moved to help retailers hit by the Covid-19 pandemic through the launch of technology that enables them to sell over social networks and messaging applications.