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Banorte receives approval to launch its digital bank

News | Online & Mobile Banking | 18 Dec 2023

Mexico-based Banorte has announced that it intends to launch Banco Bineo, its digital bank product, in January 2024. 

mobile banking, digital banking, digital payments, digitalisation, online banking, online bank

ACI Worldwide releases APP scam losses report

News | Digital Identity, Security & Online Fraud | 05 Dec 2023

ACI Worldwide has released its Scamscope Report which shows how scam losses are expected to hit USD 6.8 billion by 2027. 

scam, report, online payments, online security, fraud detection

The queen of sports and direct access to payment systems in the EU

Voice of the Industry | Online Payments | 18 May 2023

Jakub Górka, Ph. D., CEO of the Smart Fintech Network, shares valuable insights about European payment systems and how athletics blends into the payments world.

payment institution, PSP, CBDC, banks, neobanks, regulation

Unlocking the potential of instant payments in the EU

Voice of the Industry | Online Payments | 26 Apr 2023

The European Commission’s instant payments proposal unlocks a wealth of new possibilities for businesses, merchants & consumers, but, as Wolf Kunisch explains, true success requires regulatory intervention, new business models, and adaptions from stakeholders.

instant payments, payments , merchants, regulation, payment methods, B2B payments, Request to Pay, transactions , Open Banking, account-to-account payment

PhonePe to launch an Android app store in India

News | Mobile Payments | 25 Apr 2023

India-based PhonePe has revealed its plans to launch an Android app store in India to offer hyper-localised services based on customer context.

mobile payments, product launch, fintech, customer experience

Google to deny loan apps from accessing user photos and contacts

News | Payments General | 14 Apr 2023

Google has announced a policy that will prevent loan apps from accessing the photos, videos, and contacts of users to address predatory behaviour from lenders.

lending, data privacy, regulation, compliance, debt facility

Google enables UPI Autopay in India

News | Online Payments | 16 Nov 2022

Google has announced that it introduced UPI Autopay as a payment option on Play Store to enable its India-based users to purchase subscriptions using UPI.

product upgrade, payments , online payments, payment methods, UPI, digital wallet, recurring payments

CCI fines Google USD 113 mln for anti-competitive practices

News | Online Payments | 28 Oct 2022

The Competition Commission of India (CCI) has fined Google USD 113 million for anti-competitive practices related to its Play Store policies. 

online payments, payment processing, payment processor, ecommerce, digital payments

Buy Now, Pay Later – the accelerated adoption and innovation

Voice of the Industry | Online Payments | 03 Oct 2022

Frida Polyak, Senior Research Analyst at Euromonitor International, explains how BNPL has contributed to the online shopping boom.

payment methods, BNPL, ecommerce, neobanks, fintech, instalment payments

France's Lyra introduces transfer initiation across Europe

News | Online Payments | 12 Sep 2022

French fintech Lyra Network has launched transfer initiation in all French banks, as well as in an assortment of banks from across the continent.

product launch, online payments, payments infrastructure, credit card

India's Competition Commission to order probe against Apple

News | Mobile Payments | 03 Jan 2022

The anti-trust regulator Competition Commission of India has announced a probe against American tech Apple over power abuse allegations. 

Apple, Apple Pay, online payments, mobile payments

PayU to acquire BillDesk for USD 4.7 billion

News | Mobile Payments | 01 Sep 2021

PayU, a Netherlands-based payment service provider, has announced the acquisition of payment gateway BillDesk to expand its footprint in India.

mobile payments, acquisition, payment gateway, payment processing

Anti-trust probe faced by Walmart's Flipkart in India

News | Digital Identity, Security & Online Fraud | 06 Mar 2020

Walmart’s Flipkart has revealed it faces a anti-trust probe in India after an appellate tribunal asked the competition watchdog to further investigate.

Walmart, Flipkart, anti-trust, India, trust, ecommerce, brick-and-mortar, retailers, regulations, watchdog, investigation

India's antitrust chief advises ecommerce companies to avoid unfair business practices

News | Ecommerce | 14 Jan 2020

India’s antitrust chairman has advised big ecommerce companies not to offer steep discounts as the Competition Commission of India (CCI) launched a probe into Amazon.com and Walmart’s Flipkart.

Competition Commission of India, antitrust, ecommerce, Amazon, Flipkart, brick and mortar, India

What stories hit the headlines in the ecommerce space in 2018

Voice of the Industry | Expert Opinion | 27 Dec 2018

Understanding where the industry is going in 2019 requires a quick look at the top ecommerce trends and ecommerce news that hit the headlines in 2018

ecommerce, commerce, Alibaba, Amazon, Walmart, Tmall, Walmart, Lazada, Asia, India, China, Europe, US, Magento, payment method, European Commission, ASEAN, retail, cross-border ecommerce, Visa, marketplace, Google, Apple, cryptocurrencies, blockchain

PPRO payment trends for 2018

Voice of the Industry | Expert Opinion | 22 Dec 2017

The PPRO Group has predicted key online payment trends in 2018, with the following seven developments expected to make waves for the year ahead.

PPRO, payment trends, online payments, World, expert opinion, voice of industry

The essential currency for payments: innovation

Voice of the Industry | Expert Opinion | 22 Sep 2017

John Chaplin: The Payments Innovation Jury rates Asia as the home to most payments innovation over the next two years

John Chaplin, The Global Payments Innovation Jury, Asia, payments , fintech, B2B payments

Indian government looks into cashback incentives offered by Paytm and MobiKwik

News | Online Payments | 18 May 2016

Paytm, an ecommerce solutions company, and MobiKwik, an online payment system, offer cashback incentives to users making payments through them, according to Competition Commission of India (CCI).

India, cashback, Paytm, MobiKwik, predatory pricing, cashback incentives, competition

Paolo Bortolotto, MasterCard: "We are in the midst of a dramatic, global transformation in consumer behaviour"

Interviews | Interviews | 24 Mar 2016

For banks especially, technology is hugely impacting their customers and the traditional bank-customer relationship is constantly evolving

MasterCard, Paolo Bortolotto, card scheme, debit, credit, processing, fraud solutions, EMV, standards, ecommerce, payments market, Asia

India: CAIT calls for online retail regulations

News | Ecommerce | 15 Oct 2014

The Confederation of All India Traders (CAIT) will launch a nationwide movement, demanding the government to create a regulator and regulations to govern the online retail market in India.

India, CAIT, online retail, regulation, brick-and-mortar, e-tailer, consumer, market