18 October 2017
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Latest e-commerce news

Former Westpac exec fights fraudsters with Da Vinci card
Payments

Former Westpac exec fights fraudsters with Da Vinci card

10 October 2017  |  6828 views  |  9 comments | 11 tweets | 18 linkedin

A former senior security executive at Westpac has founded a firm that lets people put all of their cards on a single piece of plastic that generates one-time PINs for transactions.

Singapore and Thailand look to link e-payment schemes
Payments

Singapore and Thailand look to link e-payment schemes

05 October 2017  |  5683 views  |  1 comments | 9 tweets | 9 linkedin

Thailand and Singapore have announced tentative plans to integrate their respective e-payment schemes in a bid to promote digital banking, according to a Bloomberg report.

Square invests $25m in event ticketing firm Eventbrite
Retail banking

Square invests $25m in event ticketing firm Eventbrite

28 September 2017  |  5191 views  |  0 comments | 10 tweets | 5 linkedin

Square is strengthening its presence in online commerce through a deal with Eventbrite which will see Jack Dorsey's firm process payments for, and make a $25 million investment in, the event ticketing outfit.

Mastercard and Swarovski launch VR shopping app
Retail banking

Mastercard and Swarovski launch VR shopping app

25 September 2017  |  5163 views  |  0 comments | 10 tweets | 14 linkedin

Mastercard has teamed up with crystal seller Swarovski on a virtual reality app that immerses shoppers in a "home" where they can browse and purchase items using Masterpass.

New EC rules could enable banks to increase their software spending
Mobile & online

New EC rules could enable banks to increase their software spending

06 September 2017  |  12305 views  |  0 comments | 11 tweets | 21 linkedin

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

JPMorgan criticised over mobile app patent award
Mobile & online

JPMorgan criticised over mobile app patent award

01 September 2017  |  12407 views  |  1 comments | 11 tweets | 5 linkedin

JPMorgan Chase, the biggest bank in the US, has been awarded a patent for the technology that allows mobile applications that talk to each other, attracting criticism from the tech and intellectual property community that believe the process is so commonplace in today's smartphones that no single company, least of all a bank, can lay claim to the patent.

PayPal rolls out cashback credit card
Payments

PayPal rolls out cashback credit card

30 August 2017  |  14708 views  |  8 comments | 14 tweets | 22 linkedin

PayPal has come up with a novel new weapon to help it take over the high street - an old-fashioned plastic credit card.

Russian bank opens blockchain research centre
Trade execution

Russian bank opens blockchain research centre

30 August 2017  |  22346 views  |  0 comments | 10 tweets | 11 linkedin

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

Amazon brings cash option for the unbanked to UK
Payments

Amazon brings cash option for the unbanked to UK

25 August 2017  |  12964 views  |  1 comments | 22 tweets | 28 linkedin

Amazon has brought a service that lets people top up their accounts by handing over cash at the physical locations of partner retailers to the UK.

Australia blames bitcoin for rise in organised crime
Cards

Australia blames bitcoin for rise in organised crime

24 August 2017  |  19759 views  |  0 comments | 11 tweets | 23 linkedin

The growth of online banking and digital currencies haver been cited as the main causes of a massive rise in organised crime in Australia's financial sector according to the country's criminal intelligence agency.

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