Latest E-commerce News: Finextra Research

India to overtake US as ecommerce superpower

India is set to overtake the US as the world's second largest ecommerce market within the next 20 years thanks to a young, connected and growing middle class, according to research from Worldpay.

27 October 2016

Company update/E-commerce

Etsy selects Adyen for global payments

Adyen, the payments company powering global commerce for Uber, Facebook and Netflix amongst others, today announced a global partnership with online marketplace Etsy.

26 October 2016

News/E-commerce

Goldman Sachs joins $10m nanoPay funding round

NanoPay, a Canadian payments outfit which now owns the MintChip cloud-based digital currency, has raised $10 million in a Series A funding round joined by Goldman Sachs.

26 October 2016

Company update/E-commerce

Tsys inks deal with Optal

TSYS (TSS) today announced that it has signed a payments agreement with Optal Financial Limited, one of Europe’s leading virtual card issuers.

26 October 2016

News/E-commerce

SamsungPay moves online, rolls out to new markets

One year after launching, Samsung Pay has cut a deal with MasterCard to expand to online payments and announced a roll out to three new markets.

26 October 2016

News/E-commerce

Ingenico tech lets online shoppers pay with contactless cards

Ingenico has developed technology that lets people make online payments by tapping a payment card against an NFC-enabled mobile phone.

26 October 2016

Company update/E-commerce

Paysafe partners Handpoint on EMV-ready mPOS and online payment services

Paysafe (LSE: PAYS.L), a leading global provider of payment solutions, has expanded its long-term partnership with Handpoint, the award-winning FinTech provider powering NextGen point of sale (POS), to offer EMV-ready mobile point of sale and online payment solutions to merchants and partners in Canada, the US and Europe.

25 October 2016

Company update/E-commerce

Cellum and M-Snap team on Indian mobile commerce

Leading European mobile wallet provider Cellum is partnering with Indian mobile commerce firm M-Snap to launch a joint venture offering comprehensive mobile transaction services in India.

25 October 2016

Company update/E-commerce

Allpago moves into Argentina

Allpago, the leading payment service provider (PSP) in Latin America, will today announce at the Money 20/20 Conference in Las Vegas that it is expanding its payments coverage by moving into Argentina, the third largest e-commerce market in Latin America.

25 October 2016

News/E-commerce

Mastercard builds chatbots for banks and merchants; teams with Fit Pay

Mastercard is joining the Facebook Messenger gold rush, developing artificial intelligence chatbots for banks and merchants that allow customers to transact, manage finances, and shop via the platform.

25 October 2016

Company update/E-commerce

EMVCo publishes 3D Secure 2.0 specification

EMVCo has published EMV 3-D Secure Protocol and Core Functions Specification v2.0.0 (EMV 3DS 2.0 Specification).

25 October 2016

News/E-commerce

Facebook Messenger adds PayPal support for bot payments

US Facebook Messenger users will soon be able to make payments to bots within the app through their PayPal accounts.

24 October 2016

Company update/E-commerce

Visa Checkout opens out platform to partners

Visa (NYSE:V) today announced that Visa Checkout is opening its platform to partners – allowing them to integrate the easy and secure payment service into digital wallets for online payments.

24 October 2016

Company update/E-commerce

Visa and Intel partner on payment security for connected devices

Visa (NYSE:V) and Intel today announced a collaboration agreement to help bring world-class payment and data security technologies to the growing world of connected devices—from personal computers and mobile devices, to intelligent appliances and wearable technologies.

24 October 2016

Company update/E-commerce

PayPal posts strong Q3 revenue growth

Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) today announced strong third quarter results for the period ended September 30, 2016.

21 October 2016

Company update/E-commerce

Visa Direct gains momentum

Today Visa (NYSE:V) announced that Visa Direct continues to gain momentum as a faster payments solution through key partnerships with FIS and Jack Henry & Associates, Inc. (JKHY) for person-to-person (P2P) payments, and Stripe, Hyperwallet and Ingo Money for faster business and government disbursements.

21 October 2016

Company update/E-commerce

Moneygram debuts online merchant payments interface

MoneyGram (MGI) today announced MoneyGram Kameleon, a revolutionary turn-key product that offers a customized website for agents looking to offer a seamless money transfer and payment experience, is now available to all U.S. retailers, financial service providers and telcos.

21 October 2016

News/E-commerce

Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018

As EMVCo prepares to unveil a major update to the 3-D Secure specification for authenticating online transactions, Visa says that it expects to set a migration deadline for European merchants of April 2018.

21 October 2016