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Revolut takes lead in fight against online card fraud with disposable virtual cards

/E-commerce

Revolut takes lead in fight against online card fraud with disposable virtual cards

In an effort to bridge the trust gap between incumbent banks and digital challengers, Revolut is upping its security game by allowing customers to pay online with disposable virtual cards.

BofA lets customers link cards to PayPal accounts from mobile app

/E-commerce

BofA lets customers link cards to PayPal accounts from mobile app

Bank of America customers can now add credit and debit cards to their PayPal accounts directly from the lender's mobile app.

Capital One virtual assistant can now issue virtual card numbers

/E-commerce

Capital One virtual assistant can now issue virtual card numbers

US bank Capital One is bidding to make online shopping safer through a new feature within its Eno chatbot that lets customers use virtual card numbers for ecommerce purchases.

Denmark's Danske Bank invites Finnish banks to join MobilePay

/E-commerce

Denmark's Danske Bank invites Finnish banks to join MobilePay

Danske Bank-owned MobilePay is making a major play for the Finnish market through a deal that will see its mobile payments service accepted at nearly a thousand S Group grocery stores.

Stripe picks Dublin for engineering hub

/E-commerce

Stripe picks Dublin for engineering hub

Stripe, the American payments processor founded by a pair of Irish brothers, is opening an engineering centre in Dublin.

PayPal stutters as eBay scraps 15-year relationship

/E-commerce

PayPal stutters as eBay scraps 15-year relationship

Digital auction house eBay is terminating a 15-year relationship with PayPal and instead turning to Amsterdam-based Adyen as its primary payments provider at the checkout.

Brazilian cross-border payment processing firm Ebanx raises $30m

/E-commerce

Brazilian cross-border payment processing firm Ebanx raises $30m

Ebanx, a Brazilian startup bringing cross-border e-commerce payments to Latin America, has raised $30 million from FTV Capital, with participation from Endeavor Catalyst Fund.

Visa Checkout tops one million accounts in UK

/E-commerce

Visa Checkout tops one million accounts in UK

Visa Checkout, which enables consumers to pay with just a few clicks at online merchant sites, has surpassed one million enrolled accounts in the UK just seven months after launch.

Stripe gives up support for bitcoin

/E-commerce

Stripe gives up support for bitcoin

Payment processor Stripe is pulling support for bitcoin payments, saying that crazy price fluctuations and higher fees render the cryptocurrency unusable as a form of payment.

ABN Amro pulls out of Payconiq mobile app coalition

/E-commerce

ABN Amro pulls out of Payconiq mobile app coalition

As it starts piloting in the Netherlands this week, mobile payments app Payconiq has lost the backing of one of its major bank partners, ABN Amro.

Mastercard makes European biometrics push for online payments

/E-commerce

Mastercard makes European biometrics push for online payments

From next April, online shoppers across Europe will be able to use biometrics, such as fingerprints or facial recognition, to identify themselves at the checkout when they pay with Mastercard.

Europe begins Open Banking era in subdued style

/E-commerce

Europe begins Open Banking era in subdued style

The EU's second Payment Services Directive (PSD2) took effect on Saturday 13 January, bringing with it the start of Open Banking, however the prospect of a sudden revolution is likely to be thwarted by unresolved technical and regulatory issues and a lukewarm reception from consumers.

Russia bids for blockchain success with latest banking launch

/E-commerce

Russia bids for blockchain success with latest banking launch

The largest commercial bank in Russia, Alfa Bank, is developing a new digital cash service where all transactions will be transmitted and cleared via the blockchain.

Kodak announces blockchain plan, share price soars

/E-commerce

Kodak announces blockchain plan, share price soars

Photo firm Kodak has announced plans to develop its own cryptocurrency, KodakCoin, which it says will help photographers to control their image rights via a distributed ledger.

Google puts its brand behind payments

/E-commerce

Google puts its brand behind payments

Google is merging its disparate payment programmes, including Android Pay and Google Wallet, into a single brand dubbed Google Pay

See, hear, feel: Visa rolls out 'sensory branding'

/E-commerce

See, hear, feel: Visa rolls out 'sensory branding'

In an ever-expanding universe of connected, payments-enabled devices, Visa is looking to reassure consumers (and promote itself) with a "sensory branding" programme that will use sound, animation and haptic cues to signify completed transactions.

Visa claims UK interchange victory

/E-commerce

Visa claims UK interchange victory

Visa is looking to play nice with UK retailers after scoring a High Court victory in a long-running battle over interchange fees.

Norway's banks look to merge payment services

/E-commerce

Norway's banks look to merge payment services

A group of Norwegian banks are preparing to merge their payments systems in an effort to protect themselves from an expected challenge from Silicon Valley.

Barclays warns of unprecedented online fraud this Christmas

/E-commerce

Barclays warns of unprecedented online fraud this Christmas

You better watch out, you better not cry, you better not pout, I'm telling you why - cyber criminals are coming to town this Christmas, according to UK high street bank Barclays.

Amazon Cash comes to Canada

/E-commerce

Amazon Cash comes to Canada

Canadians can now top up their Amazon accounts by handing over cash or debit cards at their local post offices.

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