Latest E-commerce News: Finextra Research

Company update/security

Online payments consumers prioritise security over speed - Equifax

British consumers care far more about online payment security than speed, simplicity and convenience, according to research from Equifax, the consumer and business insights expert

08 July 2019

Company update/E-commerce

UK fintechs partner for card processing plan

Fintech finance specialist, Capital on Tap, has partnered with accounting software providers Receipt Bank to offer its customers the new Receipt Bank Card.

08 July 2019

Company update/E-commerce

InstaReM releases API for card issuers

InstaReM, Southeast Asia’s leading digital cross-border money transfer and payments company, has announced the launch of its API-based digital platform that will enable start-ups, fintech companies and enterprises to launch their own branded cards.

05 July 2019

Company update/E-commerce

PagBrasil promises payment confirmation in a flash

Aiming to provide a better answer for the fast-paced e-commerce environment, PagBrasil, a leading fintech company providing payment processing services for e-commerce businesses worldwide, now provides its clients with payment confirmation in less than one hour for boleto payments.

03 July 2019

Company update/payments

Klarna and BigCommerce expand partnership globally

Today, Klarna, a leading global payments provider and licensed bank, and BigCommerce, a leading SaaS ecommerce platform for fast-growing and established brands, announced the expansion of their current partnership in the US, initiated in 2016, to also include Klarna’s European core markets.

03 July 2019

Company update/payments

ConnexPay scores $7 million Series A

ConnexPay, a payment provider changing the way travel intermediaries do business, announced today that it has raised a Series A funding round of $7 million led by BIP Capital, one of the Southeast's most active venture investors.

01 July 2019

News/devops

Visa rolls out payment instalment APIs

Visa has introduced a suite of APIs to help financial institutions and retailers offer their customers the option to pay off instore and online purchases in instalments.

27 June 2019

News/E-commerce

Consumers torn between security and convenience at online checkout

With tough new laws for Strong Customer Authentication set to come into force across Europe, a survey of 4000 online shoppers in four core markets finds that up to a half have been forced to abandon purchases because of lengthy or complex security.

26 June 2019

Company update/E-commerce

UOB signs MoU with online fashion marketplace Zilingo

United Overseas Bank Limited (UOB) and Zilingo, a fashion and lifestyle e-commerce platform, today announced that they have signed a Memorandum of Understanding (MOU) to support the growth of ASEAN’s fashion industry.

26 June 2019

News/security

Visa buys Rambus tokenisation assets

Visa is beefing up its security credentials by buying the token services and ticketing business of chip maker Rambus. Financial terms of the deal were not disclosed.

25 June 2019

Company update/E-commerce

Yandex.Checkout launches online payments via WeChat Pay in Russia

Yandex.Checkout introduces online payments via WeChat Pay to online stores and other online services in Russia. WeChat Pay is a payment service operating as digital wallet based on the popular Chinese messenger WeChat.

25 June 2019

Company update/startups

Nordea invests in e-commerce startup Mondido

Nordea adds yet another fintech company to its portfolio of partners when investing in the e-commerce solution Mondido. A step that will strengthen our Nordea Connect e-commerce offer.

24 June 2019

News/regulation

EBA offers wiggle room on deadline for PSD2 authentication rules

Under industry pressure, the European Banking Authority has paved the way for some firms, on an "exceptional basis", to get an extension of the September deadline for new Strong Consumer Authentication (SCA) rules for e-commerce transactions.

21 June 2019

Company update/E-commerce

Nordea makes Fidesmo Pay available to Swedish Mastercard holders

Fidesmo’s payment offering Fidesmo Pay is now rolling out to more Swedish users as the company announces a new bank collaboration with Nordea for the Swedish market.

20 June 2019

Company update/E-commerce

JP Morgan launches cross-border digital payments in China

The leading global financial institution J.P. Morgan today announced the launch of E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitizes and automates cross-border payments of goods. The solution solves common pain points associated with the manual nature of such transactions.

20 June 2019

News/E-commerce

Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

19 June 2019

News/payments

EBAday 2019: Is cashless across Europe attainable?

The message is clear at EBAday 2019: Sweden does not accept cash. While the ABBA Museum may prefer card or mobile payments, Frantz Teissedre, head of interbank relationships at Société Générale, believes that a purely cashless society across Europe may be ambitious.

19 June 2019

News/E-commerce

EBAday 2019: What’s more likely, JPMorganEats or UberPay?

Are Instant Payments and Open Banking a match made in heaven? The resounding answer was yes at an EBAday 2019 session on the current status of real-time payments and open banking initiatives in Europe.

18 June 2019

Company update/E-commerce

Token secures $16.5m funding for open banking

Token, the turnkey open banking platform, today announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas - one of the world’s largest banks and two other visionary banks headquartered in the Middle East and Southeast Asia.

18 June 2019

Company update/E-commerce

HSBC calls on Identitii for tokenisation technology

Identitii Limited (Identitii, Company) (ASX:ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, advises that its customer, HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s innovative tokenisation technology, to its corporate clients in India.

18 June 2019