What everybody ought to know about the size of the ecommerce payments market – part I

Expert Opinion | | Ecommerce | Published | Friday 10 Apr 2020 08:18 CET

The article delineates what drives growth when it comes to the ecommerce payments space, with the end goal of providing a concise overview of the main regional developments

... read more

What everybody ought to know about the size of the ecommerce payments market – part I

Expert Opinion | | Published Friday 10 Apr 2020 | 08:18 CET

The article delineates what drives growth when it comes to the ecommerce payments space, with the end goal of providing a concise overview of the main regional developments

...

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Amazon will suspend one of its delivery services

News | Ecommerce | 10 Apr 2020 11:52 CET
Amazon has announced it will suspend a delivery service that aims to compete with UPS and FedEx in the US.
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Scalefast launches DTC stores to support brands amid COVID-19

News | Ecommerce | 10 Apr 2020 11:36 CET

Scalefast has announced their offer to launch DTC stores, to help brands struggling in light of the COVID-19 pandemic be able to increase product availability for their consumers.

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Contactless card payment limit in Switzerland to be raised to CHF 80

News | Cards | 10 Apr 2020 11:31 CET
In a temporary move to minimise the threat of coronavirus infections, the limit for making contactless card payments in Switzerland has been raised to CHF 80 per transaction.
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MineralTree announces expansion of its ERP integrations for AP automation

News | E-invoicing, SCF & E-procurement | 10 Apr 2020 11:14 CET
MineralTree, the accounts payable (AP) and payment automation solution provider, has announced the expansion of its integration capabilities to help more middle-market businesses automate their AP processes. 
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Indian grocery startup BigBasket gets USD 60 mln

News | Ecommerce | 10 Apr 2020 10:35 CET

BigBasket, an India-based grocery startup, has raised USD 60 million to meet growing demand from Indian customers stuck at home amid coronavirus outbreak.

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Brazilian cosmetics maker Natura to adapt production to keep jobs

News | Ecommerce | 10 Apr 2020 10:19 CET
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STICPAY rolls out prepaid STIC Card supported in 177 countries

News | Cards | 10 Apr 2020 10:00 CET
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Maybank partners with Liquid Group to launch QR payment terminal for merchants

News | Mobile Payments | 09 Apr 2020 15:12 CET
Maybank Singapore has teamed up with Liquid Group to launch an all-in-one QR payment terminal solution that supports the adoption of QR payments via PayNow.
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Oneplanetcrowd raises EUR 1 mln growth finance from European Investment Fund

News | E-invoicing, SCF & E-procurement | 09 Apr 2020 14:43 CET
In order to further develop its platform and achieve further growth, Oneplanetcrowd has attracted funding from the European Investment Fund (EIF) via the EU’s Employment and Social Innovation Programme Capacity Building Investments window. 
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FICO to support businesses set up new payment schedules

News | Online Payments | 09 Apr 2020 14:25 CET

Global analytics software company FICO has created a set of digital scenarios that can help lenders, telecom providers, and others to set up new payment schedules that help customers seeking immediate relief.

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67 percent of international students concerned they can't use tuition payment method of choice

News | Payments General | 09 Apr 2020 14:19 CET
Flywire, a vertical payments company, has announced a new research report that reveals 67% of international students are concerned if they can’t use their tuition payment method of choice at UK universities. 
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Yandex.Checkout to help businesses reduce the number of declined transactions

News | Digital Identity, Security & Online Fraud | 09 Apr 2020 14:08 CET

Yandex.Checkout has launched a new feature for businesses: payment acceptance using the automatic update of card details for Visa and Mastercard bank cards.

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Uber Eats, Mastercard team up for 40,000 meals for NHS

News | Ecommerce | 09 Apr 2020 13:56 CET
Uber Eats and Mastercard have partnered to allow an additional 40,000 free meals to be available to NHS heroes on Uber Eats.
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SuperCom's e-Gov division secures USD 1 mln from a national government customer

News | Digital Identity, Security & Online Fraud | 09 Apr 2020 13:43 CET
SuperCom has reported that its e-Gov division secured a new approximately USD 1 million order from a national government customer.
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Forter's report shows trends that accelerate digital transformation for merchants

News | Digital Identity, Security & Online Fraud | 09 Apr 2020 13:31 CET
Ecommerce fraud prevention company Forter has announced the release of the Forter Special Report on the impact of coronavirus on consumer and fraudster behaviour. 
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Potential ML breaches in Australia reported by HSBC

News | Digital Identity, Security & Online Fraud | 09 Apr 2020 13:11 CET
HSBC has reported itself to Australia's financial regulator for possible breaches of AML rules, the bank disclosed in a regulatory filing by its Australian subsidiary.
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Scotiabank launches application process for Canada Emergency Business Account

News | E-invoicing, SCF & E-procurement | 09 Apr 2020 12:31 CET
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Rappi and Arcus team up to create payments app

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Arcus, a US-based fintech, has partnered with Rappi, an on-demand delivery startup, to create a payment app, RappiPay. 
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Singapore extends period for approving digital bank licences

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The Monetary Authority of Singapore (MAS) has extended the assessment period for approving digital bank licences, citing the global escalation of the COVID-19 pandemic.
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