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Stripe Billing lands in Europe

/payments

Stripe Billing lands in Europe

Stripe is promising to help subscription and SaaS companies in Europe get paid faster, and ensure compliance with new authentication rules, through the introduction of its recurring billing product.

Stripe buys Touchtech ahead of new EU online authentication rules

/devops

Stripe buys Touchtech ahead of new EU online authentication rules

Stripe is gearing up for new EU-wide ecommerce transaction authentication rules by buying Irish biometrics specialist Touchtech Payments. Terms of the deal were not disclosed.

Mastercard moves into POS financing with Vyze acquisition

/E-commerce

Mastercard moves into POS financing with Vyze acquisition

Mastercard is moving into the POS financing space with the acquisition of installment payments platform Vyze.

OCBC and Rapyd team on instant mobile payments

/E-commerce

OCBC and Rapyd team on instant mobile payments

Singapore's OCBC Bank has joined forces with 'fintech-as-a-service' platform Rapyd to build an instant mobile payments service.

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

/E-commerce

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

Rolling updates from the Temenos Community Forum in The Hague. It's a full house in the World Forum after a splendid gala dinner last evening. News and insights shared here on a continual basis throughout the day

Mastercard to invest EUR50m in African online retailer Jumia

/payments

Mastercard to invest EUR50m in African online retailer Jumia

Mastercard is set to invest EUR50 million in Jumia Technologies through a private placement ahead of the Africa-focused ecommerce firm's upcoming initial public offering, according to Bloomberg.

Citi moves into consumer payments business

/payments

Citi moves into consumer payments business

Citi is making a play for the fast-growing consumer digital payments sector, building a service that lets merchants collect from a host of methods including cards and e-wallets.

Apple unveils credit card

/E-commerce

Apple unveils credit card

Apple is launching its own credit card that will be tightly integrated into its mobile wallet and promises to help customers lead a "healthier financial life".

Australia unveils national blockchain strategy

/E-commerce

Australia unveils national blockchain strategy

The Australian government has launched a national blockchain plan which it hopes will bolster its fintech sector.

Worldpay becomes first acquirer to enable Amazon Pay

/payments

Worldpay becomes first acquirer to enable Amazon Pay

Amazon is breaking out of its own platform, striking a deal with Worldpay to let the acquirer's merchants add Amazon Pay as a checkout option.

Network International plans London listing

/payments

Network International plans London listing

Middle Eastern payments processor Network International is contemplating a listing on the London Stock Exchange.

The challenger bank playbook: A deep dive

/retail

The challenger bank playbook: A deep dive

Finextra reports on the rise of the challenger bank economy in Asia, as Money20/20 prepares to open its doors to a new wave of disruptors and innovators in Singapore next week.

Mastercard to buy Ethoca to reduce fraud in digital commerce

/security

Mastercard to buy Ethoca to reduce fraud in digital commerce

Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms were not disclosed.

PayPal to invest $750m in Argentinian e-commerce giant MercadoLibre

/retail

PayPal to invest $750m in Argentinian e-commerce giant MercadoLibre

PayPal has agreed to invest $750 million in MercadoLibre as part of a $1.85 billion equity offering designed to help the Argentinian e-commerce firm cement its position as the Amazon of Latin America.

Amazon talks to Mexican central bank about govt-backed m-payments system

/E-commerce

Amazon talks to Mexican central bank about govt-backed m-payments system

The Mexican central bank is in talks with Amazon about support for a new government-backed QR code-based mobile payments service, according to Reuters.

Adyen launches open banking-powered payment method

/payments

Adyen launches open banking-powered payment method

Dutch payments platform Adyen has launched a new, open banking-powered, alternative to card transactions.

Stripe joins Rapyd's $40m Series B round

/payments

Stripe joins Rapyd's $40m Series B round

Rapyd, a 'fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has raised $40 million in a Series B funding round led by Stripe and General Catalyst.

Stripe raises $100m at $22.5bn valuation

/payments

Stripe raises $100m at $22.5bn valuation

Stripe has secured another $100 million in funding, this time from Tiger Global Management, boosting the payments firm's valuation to $22.5 billion.

AIB eyes EUR100m Payzone acquisition

/payments

AIB eyes EUR100m Payzone acquisition

Allied Irish Banks (AIB) is in exclusive talks to buy local payments outfit Payzone in a deal that could be worth EUR100 million, according to the Sunday Times.

Advent buys majority stake in Argentinian bank-owned payments firm

/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.

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