Latest E-commerce News: Finextra Research

Guesswork alone can crack Visa card security - Newcastle University

Working out the card number, expiry date and security code of any Visa credit or debit card can take as little as six seconds and uses nothing more than guesswork, new research has shown.

05 December 2016

News/E-commerce

Visa to acquire Cardinal Commerce

Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.

02 December 2016

Company update/E-commerce

Harbin Bank signs transaction laundering service deal with Austreme

With the rapid development of cross-border e-commerce payment settlement business, Harbin Bank signed the Transaction Laundering Detection (TLD) Service Agreement with Austreme to prevent unauthorized merchants from using registered merchant accounts to submit transactions and expand the Bank’s capability in detecting and monitoring the laundering merchant sites.

01 December 2016

Company update/E-commerce

SocGen agrees merchant acquiring deal with American Express

Societe Generale announces that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates.

30 November 2016

Company update/E-commerce

Cash is ghost of Christmas past - Visa

Visa (NYSE: V) today announced shoppers in the UK spent more than £2Bn on Visa cards on the day that has come to signify the kick-off of the Christmas retail season, with nearly half of that spend occurring online.

29 November 2016

News/E-commerce

EBA told that tougher authentication will have a "chilling" effect on single market

A cross-industry letter signed by 39 European and national organisations in the payments value chain has hit out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions under the revised Payments Service Directive (PSD2).

28 November 2016

News/E-commerce

Stripe raises $150m at $9.2bn valuation

Digital Payments outfit Stripe has raised $150 million in a Series D funding round which values America's top fintech dog at more than $9 billion.

25 November 2016

Company update/E-commerce

Cyber Monday poses security risks says NuData Security

Threat intelligence from NuData Security, released today, provides insight into the ominous cyber fraud threats coming over this holiday period.

25 November 2016

Company update/E-commerce

UK stays top of European e-commerce market - Ken Research

Ken Research declared its latest production on “Online Retailing in Europe, 2015-2020; Market Dynamics, Retail Trends and Competitive Landscape,” which offers vast information on the changing trends and significant issues involved in the Europe Online Retail market.

25 November 2016

Company update/E-commerce

Ingenico unveils mobile payments service at Trustech conference

Ingenico Group, the global leader in seamless payment, today announced the launch of its new mobile point of sale at the upcoming Trustech show in Cannes, France.

25 November 2016

Company update/E-commerce

Chase Pay goes live at Starbucks and Best Buy

Starting today, Chase customers can download and pay with Chase Pay®, the new digital payment solution that works in stores, in app, and online.

22 November 2016

News/E-commerce

Visa slams European plans for stronger online transaction authentication rules

Visa has lashed out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions over EUR10, claiming that they will lead to more declined transactions, complicated checkouts and abandoned purchases.

22 November 2016

Company update/E-commerce

Wirecard and Benelux BV issue online pre-paid card

Wirecard, one of the leading payment and internet technology companies, is now issuing the pay2d Visa card - the first virtual prepaid card for online payments in the Netherlands - in cooperation with 3V Beneleux B.V..

17 November 2016

News/E-commerce

SocGen to offer customers cards with dynamic CVV screens

Societe Generale is to offer customers the opportunity to replace their current Visa cards with a Motion Code card from Oberthur that replaces the three-figure CVV code on the rear of a card with a small screen display that automatically changes periodically.

17 November 2016

News/E-commerce

Citi to launch own-branded digital wallet

Citibank is taking a leaf out of rival Chase's playbook with the launch of a closed loop mobile wallet dubbed Citi Pay.

10 November 2016

Company update/E-commerce

EMerchantPay introduces the One Time Token

eMerchantPay, the trusted and experienced payment service provider, introduces One Time Token, a tokenisation service that will allow non-PCI-compliant merchants to collect card data on their checkout page.

09 November 2016

Company update/E-commerce

Jetco ups payment options for online merchants with CyberSource

Joint Electronic Teller Services Limited (JETCO) proudly collaborates with CyberSource, a Visa Inc. company (NYSE:V) and one of the world's largest providers of eCommerce payment management services, to capture the growth opportunity in eCommerce and reinforce JETCO as a one-stop provider of eCommerce payment solutions for consumers, businesses and merchants.

08 November 2016

News/E-commerce

European millennials waiting for the 'Uber moment' of mobile payments

Only a quarter of UK millennials are using mobile payments technology, according to research from VocaLink, the latest in a long line of tech firms trying to figure out how young people want to pay.

03 November 2016

News/E-commerce

British shoppers crave instore technology like VR

Despite the rise of ecommerce, Britain's high street looks set to endure, with two thirds of shoppers still preferring to view valuable products in person before buying, according to a Barclays survey.

02 November 2016

Company update/E-commerce

Russia's Tinkoff Bank rolls out Apple Pay

Tinkoff Bank, an innovative provider of online financial services, today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

01 November 2016