Latest E-commerce News: Finextra Research

WhatsApp launches payments service in Brazil

Facebook has launched its WhatsApp payments service in Brazil, enabling people to send money and make purchases from within the chat app.

15 June 2020

News/security

NatWest tests behavioural biometrics for Strong Customer Authentication

In a move that could signal the beginning of the end for passwords, NatWest is teaming up with Visa to test the use of behavioural biometrics for the upcoming Strong Customer Authentication (SCA) rules.

15 June 2020

News/payments

Apexx Global beats lockdown gloom with $8 million Series A

UK-based payments platform Apexx Global has sealed a $8 million Series A funding round with contributions from new and existing investors in the UK and Scandinavia.

11 June 2020

News/payments

BlackRock invests in online payments firm Trustly

BlackRock private Equity Partners and a group of institutional investors are becoming minority shareholders in Swedish online account-to-account payments provider Trustly. Terms were not disclosed.

10 June 2020

News/payments

Dispute management platform Chargeback raises $6.6m

Chargeback, an American real-time dispute management platform for merchants, has closed a $6.6 million Series A1 funding round led by Fintop Capital and Next Frontier Capital.

09 June 2020

Company update/retail

Spanish neobank Bnext teams up with mobile commerce outfit Button

Button, the leading mobile commerce technology company, today announced its partnership with Bnext, the biggest mobile-first neobank of Spain.

08 June 2020

Company update/payments

Shift4 Payments prices IPO at $23

Shift4 Payments, Inc. (“Shift4”) (NYSE: FOUR), a leading independent provider of integrated payment processing and technology solutions, today announced the pricing of its initial public offering of 15,000,000 shares of its Class A common stock at a public offering price of $23.00 per share.

05 June 2020

Company update/payments

Japan's JCB picks FIS for cross-border QR-code payments

FIS(TM) (NYSE: FIS), a global leader in financial services technology, today announced that an international payment scheme, JCB, has selected FIS' Payments One switching and acquiring services[1] to enable cross-border QR-code payments.

05 June 2020

News/payments

More than half of UK payments in 2019 made by card

More than half of all payments in the UK were made by card last year as cash usage fell sharply, industry figures show.

04 June 2020

Company update/payments

SumUp backs local businesses with gift cards on Instagram and Facebook

UK-based payments service provider SumUp today announces a new experience to enable customers to support small businesses via social media during COVID-19 and beyond, by discovering Gift Cards directly from eligible SumUp businesses on Facebook and Instagram.

03 June 2020

Company update/payments

FSS revamps e-commerce payment gateway

FSS (Financial Software and Systems), a globally leading digital payments technology provider and a payment processor, announced today that it has enhanced its e-Commerce Payment Gateway with added value service capabilities to bring more merchants online and deliver smart, secure commerce experiences.

03 June 2020

Company update/regulation

Ingenico unveils SCA accelerator suite

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today unveils its SCA accelerator suite to help online businesses remain compliant, innovate and better control their data.

03 June 2020

Company update/payments

Alibaba unveils tradde tools for US merchants

As American small and medium-sized businesses (SMBs) fight through the challenges of COVID-19, Alibaba.com, one of the world’s largest B2B ecommerce marketplaces and a business unit of Alibaba Group (NYSE: BABA), today unveiled three new products and services to help these businesses advance their efforts to digitize and pivot online.

02 June 2020

News/security

Barclaycard adopts SCA-busting fraud module from Kount

Barclaycard Payments, which processes almost 40 per cent of card transactions in the UK, is to provide merchant customers with real-time fraud detection software from Kount.

02 June 2020

Company update/payments

Rapyd launches in the UK

Rapyd, a global Fintech as a Service company, today announced the launch of a single, "full-stack," payment solution in the United Kingdom allowing businesses locally and globally to access every major local payment method — such as cash, bank transfers, ewallets, and cards — through one easy to integrate connection.

02 June 2020

Company update/payments

Checkout.com acquires Australian startup Pin Payments

Leading global payment solution provider Checkout.com today announces the acquisition of Australian startup, Pin Payments.

28 May 2020

Company update/payments

Stripe inks deal with JCB

Stripe, the online payment infrastructure provider powering Amazon, Facebook, Shopify, Zoom, Slack, and millions of businesses across 39 countries, today announced several ambitious investments in Japan to accelerate the offline to online transition of the economy and help Japanese firms export globally.

27 May 2020

Company update/payments

Stripe launches in five more European countries

Stripe, a global technology company that builds economic infrastructure for the internet, today announced its official launch in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. Europe is home to some of the largest and fastest-growing online economies in the world.

27 May 2020

News/payments

Google tests voice confirmation for payments

Google is piloting a feature that lets people authorise purchases with their voice through its Assistant tool.

27 May 2020

Company update/payments

Covid-19 accelerates Canadian move to digital payments

According to new data released by Interac Corp., payment transaction records show that today, more than ever, Canadian consumers and businesses are adopting digital methods to spend, send and receive money.

26 May 2020