Latest E-commerce News: Finextra Research

Swedish Mpos vendor iZettle poised for global expansion

Ignacio Garcia, managing director, iZettle Spain discusses how the vendor increased Mpos adoption by 25% in Sweden and how the recent €5 million investment from Banco Santander will expedite its global expansion.

14 June 2013

News/E-commerce

Mobile payments set for strong global growth but NFC stalls - Gartner

The worldwide transaction value of mobile payments will soar this year, up 44% on 2012, according to Gartner. However, the research house has slashed its expectations for NFC, which continues to struggle to pick up momentum.

04 June 2013

News/E-commerce

Barclays takes another payments hackathon crown; Holvi and Azimo talk disruption

In what is becoming a trend in the fintech world, Barclays has taken top honours at a London hackathon, this time triumphing at a weekend-long event hosted by payments start-up Birdback at Google Campus.

03 June 2013

News/E-commerce

Brits turn away from cash as digital alternatives gain currency

As digital alternatives grew in popularity, Brits did 10% less of their shopping last year with cash, although it continued to be the country's most popular payment method.

30 May 2013

News/E-commerce

CaixaBank, Santander and Telefónica form digital JV

Spanish corporate behemoths CaixaBank, Santander and Telefónica have agreed to set up a joint venture to develop a range of digital services, including a mobile wallet.

30 May 2013

News/E-commerce

Square launches e-mail cash transfers; Google shutters CheckOut

Square is to move into PayPal's core territory with the invitation-only launch of a P2P email cash transfer service, dubbed Square Cash.

21 May 2013

News/E-commerce

Google to use Gmail and Chrome assets to push Wallet uptake

With its mobile wallet struggling to gain traction on the high street, Google is to use its extensive Web assets to spur uptake, announcing a new payments API for Chrome browsers and the ability to send money as a Gmail attachment.

16 May 2013

News/E-commerce

Nintendo to tap Wii U's NFC functionality for contactless payments

Nintendo could soon take advantage of the Wii U's built-in NFC capability to let people make game-related payments by tapping a contactless card against the console's controller.

26 April 2013

News/E-commerce

Payments start-up ZooZ raises $2m

US mobile and online payments start-up ZooZ has raised $2 million in a series a funding round led by XSeed Capital.

23 April 2013

News/E-commerce

PayPal closes UK coffee seller's account over commie Cuban beans

An independent coffee shop in the Yorkshire village of Nether Poppleton recently had its PayPal account shut down after incurring the wrath of the e-commerce giant by stocking beans from communist Cuba.

19 April 2013

News/E-commerce

LG integrates PayPal into Smart TV platform

Electronics giant LG has struck a deal to integrate PayPal into its Smart TV platform, enabling viewers to pay for products and services through their remotes.

11 April 2013

News/E-commerce

Mozilla working on embedded Web payments API for desktop and phones

Mozilla is to introduce an experimental Web API designed to make online payments on the desktop and mobile as easy as the checkout button for merchants.

05 April 2013

News/E-commerce

Italian banks commence roll out of MyBank payment scheme

Nine Italian payment banks have begun the national roll out of the MyBank electronic payment scheme from EBA Clearing, enabling customers to pay for goods and services at online merchants from within their e-banking portals.

25 March 2013

News/E-commerce

Barclays takes the crown at Digital Wallet Foundry

A seven man team from Barclays Bank, using tools from FreedomPay and their own Pingit mobile payments app, emerged with top honours at Microsoft's week long Digital Wallet Foundry hack-a-thon in London.

22 March 2013

News/E-commerce

Chirpify lets users pay with Facebook comments

Chirpify has brought its in-stream commerce system to Facebook, enabling users to transfer money to each other by commenting on news feeds.

20 March 2013

News/E-commerce

PKO Bank Polski prepares for mobile revolution

PKO Bank Polski is betting on the death of cash and cards with a new mobile banking app, combining a full range of payments and money management services.

08 March 2013

News/E-commerce

Stripe begins UK beta trial

American payments start-up Stripe has made its way across the Atlantic, launching a closed UK beta ahead of a wider European rollout.

01 March 2013

News/E-commerce

PayPal co-founder Levchin launches m-commerce firm

PayPal co-founder Max Levchin has launched a mobile money company which aims to make it easier for online shoppers to complete purchases.

27 February 2013

News/E-commerce

MasterCard unveils MasterPass digital payments service

MasterCard has unveiled MasterPass, a digital service that lets customers use any card or enabled handset to shop online and in the real world.

25 February 2013

News/E-commerce

Retail banking IT spend to hit $118.6bn in 2013 according to Ovum

IT spending will grow by 3.4 percent at global retail banks reaching US$118.6bn in 2013. The Ovum Business Trends report also finds that European banks are lagging behind their North American and Asia-Pacific counterparts, with just 1.8 percent growth expected, compared to 3.3 percent and 5.1 percent, respectively.

04 February 2013