20 July 2018
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Latest e-commerce news

Mum's the word for OCBC's first e-commerce marketplace
Retail banking

Mum's the word for OCBC's first e-commerce marketplace

18 July 2018  |  5328 views  |  0 comments | 1 linkedin

Singapore's OCBC Bank has opened its first e-commerce marketplace, 'mumstruly', offering a suite of products and educational features for mums-to-be and young mothers with small children.

French payment processor Lemon Way raises EUR10 million
Payments

French payment processor Lemon Way raises EUR10 million

17 July 2018  |  3661 views  |  0 comments | 3 tweets | 6 linkedin

Lemon Way, a Paris-based payment processor for e-commerce marketplaces, has raised EUR10 million from Breega Capital and SpeedInvest to further its plans for expansion across Europe.

PayPal and Citi Ventures participate in $50 million PPRO funding round
Cards

PayPal and Citi Ventures participate in $50 million PPRO funding round

16 July 2018  |  4519 views  |  0 comments | 3 tweets | 8 linkedin

London's PPRO Group has received a $50 million boost in a funding round led by PayPal, with participation from Citi Ventures and return investor HPE Growth Capital.

Mastercard enlists Worldpay to push Vocalink's Pay by Bank app
Retail banking

Mastercard enlists Worldpay to push Vocalink's Pay by Bank app

16 July 2018  |  9616 views  |  19 comments | 15 tweets | 30 linkedin

Mastercard is looking to put its Vocalink assets to work, partnering Worldpay to push the 'Pay by Bank' app that lets British online shoppers bypass the card giant's own network.

Japan's Paidy raises $55m for credit card-free online shopping service
Cards

Japan's Paidy raises $55m for credit card-free online shopping service

12 July 2018  |  5455 views  |  1 comments | 5 tweets | 1 linkedin

Paidy, a Japanese startup that helps people make online purchases without a credit card, has raised $55 million in a Series C funding round led by Itochu Corporation and joined by Goldman Sachs.

Mastercard: Biometric payments to take centre stage under PSD2
Mobile & online

Mastercard: Biometric payments to take centre stage under PSD2

05 July 2018  |  14199 views  |  4 comments | 8 tweets | 24 linkedin

Mastercard is forecasting a bright future for biometric technology, as new rules on strong customer authentication under PSD2 come into force across Europe.

Venmo launches debit card
Retail banking

Venmo launches debit card

25 June 2018  |  6744 views  |  0 comments | 6 tweets | 13 linkedin

PayPal's hugely popular P2P payments app Venmo is looking to conquer the high street through the introduction of a Mastercard debit card.

PayPal shopping spree continues with $120m deal for fraud prevention firm Simility

PayPal has agreed its second acquisition of the week, paying $120 million in cash for machine learning-powered fraud detection outfit Simility.

Euro cops bust 95 criminals responsible for EUR8 million in online fraud
Cards

Euro cops bust 95 criminals responsible for EUR8 million in online fraud

21 June 2018  |  8486 views  |  0 comments | 8 tweets | 9 linkedin

Police forces across Europe have made over 95 arrests of criminals who set up fake Web shops offering too-good-to-be-true product prices as a front for stealing card details.

Op Financial mobile wallet to go contactless with Nets
Retail banking

Op Financial mobile wallet to go contactless with Nets

21 June 2018  |  3588 views  |  0 comments | 5 tweets | 5 linkedin

Finland's OP Financial is to make its Pivo mobile wallet available for contactless payments at Nets' 300,000-strong network of merchants, both instore and online.

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