Latest E-commerce News: Finextra Research

Russian bank opens blockchain research centre

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

30 August 2017

News/E-commerce

Amazon brings cash option for the unbanked to UK

Amazon has brought a service that lets people top up their accounts by handing over cash at the physical locations of partner retailers to the UK.

25 August 2017

News/E-commerce

Australia blames bitcoin for rise in organised crime

The growth of online banking and digital currencies haver been cited as the main causes of a massive rise in organised crime in Australia's financial sector according to the country's criminal intelligence agency.

24 August 2017

News/E-commerce

DBS Bank launches online car selling marketplace

Singapore's DBS Bank is taking advantage of new regulatory freedoms to launch an online marketplace for people to buy and sell cars.

11 August 2017

News/E-commerce

Sberbank invests $500 million in e-commerce joint venture

Sberbank is to spend $500 million to take a 50% stake in Yandex.Market, the e-commerce venture operated by the Russian search engine.

09 August 2017

News/E-commerce

Online retailer Overstock starts accepting Bitcoin Cash and Ethereum

American e-commerce retailer Overstock has doubled down on its cryptocurrency bet, adding Bitcoin Cash, Ethereum and Litecoin to Bitcoin as payments options for nearly four million products on its site.

09 August 2017

News/E-commerce

Bread raise funds for online purchase financing service

Bread, a startup that builds customisable pay-over-time financing options for online merchants, has raised $126 million in equity and debt financing.

03 August 2017

News/E-commerce

Ant Financial targets Malaysia through CIMB JV

China's Ant Financial is making a move on the Malaysian market, forming a mobile wallet joint venture with a subsidiary of local bank CIMB.

26 July 2017

News/E-commerce

PayPal strikes deals with Chase and Citi

PayPal has strengthened its ties to two of America's biggest banks, forming a comprehensive partnership with JPMorgan Chase and a rewards-focussed deal with Citi.

21 July 2017

News/E-commerce

Diners can now pay for their TGI Friday's order through Amazon

Amazon is further extending its reach into the high street through a new feature that lets customers use its app to pay for in-store and order-ahead purchases.

20 July 2017

News/E-commerce

Stripe adds global support for WeChat and Alipay

Digital payments outfit Stripe is introducing global support for Alipay and WeChat Pay, connecting business customers to the hundreds of millions of Chinese consumers that actively use these payment methods.

10 July 2017

News/E-commerce

Singapore to let banks move into e-commerce

Singapore is changing its regulations to make it easier for banks to move into non-financial but complementary business areas such as e-commerce.

28 June 2017

News/E-commerce

Visa invests in Klarna

Visa is set to buy a stake in Klarna as part of a planned strategic partnership with the Swedish payments firm focussed on pushing online and mobile commerce in Europe.

27 June 2017

News/E-commerce

Visa launches $100,000 fintech challenge for Middle East and North Africa

Visa has announced that its Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into the Middle East and North Africa (MENA) region.

21 June 2017

News/E-commerce

Android Pay lands in Canada and Taiwan

Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.

31 May 2017

News/E-commerce

Square Virtual Terminal lands in the UK

Square has launched its Virtual Terminal service in the UK, enabling sellers to take payments directly on their computers.

31 May 2017

News/E-commerce

Emirates NBD opens online shopping mall

If e-commerce conglomerates like Alibaba can move into banking, what's to stop banks moving into e-commerce? That's the thinking behind SkyShopper, a new online mall launched by Emirates NBD which aims to tap into the UAE's booming internet shopping market.

26 May 2017

News/E-commerce

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

Small and medium sized enterprises are missing out on an estimated £1.6 billion by not accepting next generation payments technology such as one-click ordering and 'conversational' transactions, according to research from Barclaycard.

19 May 2017

News/E-commerce

Google and PayPal partner for mobile shopping by fingerprint

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

18 May 2017

News/E-commerce

DrnkPay app blocks credit cards if you've had too much to drink

A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.

17 May 2017