E-commerce

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Swift's MyStandards pilot moves into live production

/E-commerce

Swift's MyStandards pilot moves into live production

Financial messaging network Swift has announced that its MyStandards project is now recruiting users after completing a closed pilot phase.

PayPal goes after the high street

/E-commerce

PayPal goes after the high street

PayPal is stepping up its bid to take on card companies Visa and MasterCard in the high street as the boundaries between online and offline merge.

Global m-payments volumes set for rapid rise

/E-commerce

Global m-payments volumes set for rapid rise

Globally, mobile payments will represent 15% of all cards transactions by 2013, and will overcome plastic volumes within 10 years if growth continues at the same rate, claims the World Payments Report from RBS, Capgemini and Efma.

Kabbage raises $17m; granted US patent

/E-commerce

Kabbage raises $17m; granted US patent

Kabbage, a US start-up that provides working capital advances to online merchants, has raised $17 million in a series b funding round joined by Square co-founder Jim McKelvey.

Anonymous and LulzSec's PayPal boycott campaign gathers momentum

/E-commerce

Anonymous and LulzSec's PayPal boycott campaign gathers momentum

Following the arrests of members in connection with an attack on PayPal's Web site, hacktivist groups Anonymous and LulzSec have launched an online campaign calling for people to close their accounts with the e-payments firm.

Amex partners Facebook for coupons push

/E-commerce

Amex partners Facebook for coupons push

American Express has launched a Facebook application that pushes special offers and discounts to cardholders based on their likes, interests and social connections.

Amex signs up Sprint to push Serve digital payments platform

/E-commerce

Amex signs up Sprint to push Serve digital payments platform

American Express has struck a deal with US mobile network operator Sprint to help push its Serve digital payments platform.

PayPal makes e-invoicing play

/E-commerce

PayPal makes e-invoicing play

PayPal is introducing a range of e-invoicing APIs that businesses can access directly from their applications.

Google makes land-grab in new mobile commerce gold rush

/E-commerce

Google makes land-grab in new mobile commerce gold rush

Google says it's ready to party like it's 1999 all over again, with mobile payments taking the place of e-commerce in a new gold rush that will transform consumer shopping habits on the high street.

EBA Clearing makes online shopping play with pan-European e-payments initiative

/E-commerce

EBA Clearing makes online shopping play with pan-European e-payments initiative

EBA Clearing has outlined plans to launch a pan-European electronic payments service for online shopping, enabling buyers and sellers to complete transactions through their e-banking portals.

US senators voice fears over Bitcoin link to online drugs market

/E-commerce

US senators voice fears over Bitcoin link to online drugs market

Peer-to-peer virtual currency Bitcoin has come under fire from US senators worried it is being used to anonymously buy illegal drugs online.

Hype-driven Blippy falls by the wayside

/E-commerce

Hype-driven Blippy falls by the wayside

In a salutatory lesson for the never-ending stream of start-ups hoping to make money from clever takes on social media, Blippy, the service that automatically published users' credit card transaction details online when it launched to much fanfare in late 2009 but had to quickly change its business model, is now all but dead.

Industry heavyweights launch FreeMonee 'gift network'

/E-commerce

Industry heavyweights launch FreeMonee 'gift network'

A group of veterans from the banking, retail and e-commerce worlds have launched a "cash-gift network" that lets firms send monetary incentives straight to customers' credit and debit cards.

Visa preps digital wallet

/E-commerce

Visa preps digital wallet

Visa's assault on the online and mobile commerce markets is gathering momentum, with a digital wallet coming to customers in the US and Canada this autumn.

Amex makes mobile play with Payfone investment and partnership

/E-commerce

Amex makes mobile play with Payfone investment and partnership

American Express has joined a $19 million funding round for m-payments outfit Payfone and formed an alliance with the start-up to build a mobile checkout service.

Visa Europe promises EUR100m a year on mobile and e-commerce

/E-commerce

Visa Europe promises EUR100m a year on mobile and e-commerce

Visa Europe has vowed to pump EUR100 million a year into mobile and e-commerce in a bid to ensure it stays at the top of a rapidly changing payments tree.

MasterCard to make contactless standard in Australia and New Zealand

/E-commerce

MasterCard to make contactless standard in Australia and New Zealand

MasterCard says that from October next year all of its cards issued in Australia and New Zealand will include PayPass contactless technology.

RBA calls for Australian payments innovation

/E-commerce

RBA calls for Australian payments innovation

The Reserve Bank of Australia (RBA) is calling for the country's payments industry players to coordinate on system-wide innovation.

Amex unveils digital payments platform

/E-commerce

Amex unveils digital payments platform

American Express has unveiled a digital payment and commerce platform that lets users buy goods and make person-to-person transfers online and through mobile phones.

Bankwest launches e-commerce-inspired Web site

/E-commerce

Bankwest launches e-commerce-inspired Web site

Australia's Bankwest has revamped its Web site, taking inspiration from online shopping portals.

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