Latest E-commerce News: Finextra Research

Stripe leads $20 million round in one-click shopping startup Fast

Stripe has led a $20 million Series A funding round in San Fransisco-based one-click payments startup Fast.

26 March 2020

Former Twitter chief Costolo backs payments outfit SpotOn

SpotOn Transact, a payments and software company targeting SMEs, has raised $50 million in a Series B funding round joined by former Twitter CEO Dick Costolo's 01 Advisors.

11 March 2020

News/E-commerce

Alipay cites coronavirus as it looks beyond payments to era of 'digital lifestyle'

China's Ant Financial is planning to open up its hugely popular payments platform Alipay to third parties, enabling millions of service providers to offer their wares through the app.

10 March 2020

News/payments

‘Millennials want credit’ says ex-Visa innovation chief and i2c president Jim McCarthy

The consumer of today is educated, digitally empowered and more than ever before, wants to make informed financial decisions. This requires financial players to provide a quick, efficient and barrier-free customer service that keeps pace with the dynamic transformations of this new era of payments.

04 March 2020

News/E-commerce

Ant Financial takes minority stake in Klarna

Klarna has picked up a minority investment from Chinese giant Ant Financial, in a move which will fuel deeper integration between the Swedish buy now, pay later brand and the Alipay payments app.

04 March 2020

News/cloud

Success in the cloud: Strategic insights and best practices

The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.

21 February 2020

News/payments

Visa invests in POS financing platform ChargeAfter

Visa has made a strategic investment in ChargeAfter as part of a broader deal with the point-of-sale financing technology platform.

12 February 2020

News/E-commerce

BigCommerce turns to Barclaycard for payments processing

Barclaycard has announced a deal to become a preferred payments partner for the 60,000 online retailers hosted on BigCommerce's SaaS e-commerce platform.

04 February 2020

News/E-commerce

Goldman in talks with Amazon over small business lending

Goldman Sachs is in advanced talks with Amazon to finance small business loans on the e-commerce platform, according to a report in the FT.

03 February 2020

News/E-commerce

India requires cardholders to opt in to contactless payments

All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.

23 January 2020

News/payments

WorldPay and Visa back African payments firm Flutterwave

Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.

21 January 2020

News/startups

How to build defences to accelerate innovation and generate revenue

The total value of global fintech deals in the first six months of 2019 was $22 billion. While this figure may seem staggering, when compared to $31.2 billion in the same period the year before, this is a steep decline of 29%.

14 January 2020

News/E-commerce

Deutsche Bank to launch 'Motion Code' card in Spain

Deutsche Bank in Spain is to issue a credit card with a dynamic CVC code that changes every four hours, in a bid to create a safer shopping experience for online purchases.

02 January 2020

News/E-commerce

Checkout.com to triple office space and double staff numbers

Fast growth payment processor Checkout.com is to triple its London office space as it gears up for a big recruitment drive in 2020.

20 December 2019

News/payments

ICBC, Alibaba and Ant Financial strengthen fintech partnership

Giants in their own right, ICBC - the world's largest bank in terms of assets - will work with Alibaba and Ant Financial by leveraging their collective expertise in electronic payment settlement and cross border finance to promote the wider use of digital technology in financial services.

16 December 2019

News/E-commerce

Visa and MFS Africa team on digital payments

Visa is joining forces with MFS Africa to simplify remittances and expand global e-commerce across Africa.

12 December 2019

News/E-commerce

BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.

09 December 2019

News/E-commerce

Buy-now, pay-later firm FinAccel raises $90 million to broaden financial services offering

FinAccel, a Singapore-headquartered financial technology company that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raised $90 million in a Series C equity funding round.

03 December 2019

News/E-commerce

Black Friday - why it matters and what to watch out for

Deloitte, Santander and JP Morgan explain to Finextra how the busiest shopping day of the year is a useful indicator of the industry trends to be aware of in the months ahead.

29 November 2019

News/payments

P27 Momentum: Key milestones for stakeholders in 2020 and beyond

Henry Ohlsson, deputy governor, Riksbank kept Nordic payments professionals entertained during NextGen Nordics: P27 Momentum during his session on the role of the central bank in a changing environment.

26 November 2019