Articles with tag: eta

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India makes GST e-invoicing mandatory from October 2020

28 Sep 2020 | E-invoicing, SCF & E-procurement

The India-based government has announced plans to make GST e-invoicing mandatory for companies starting 1 October 2020.

India, GST, e-invoicing, mandatory, small businesses, Goods and Servies Tax Council, standardisation, interoperability, auto-population, invoice details, GST return, e-way bill

Hong Kong Monetary Authority selects ConsenSys for CBDC project

28 Sep 2020 | Cryptocurrencies

The Hong Kong Monetary Authority (HKMA) has selected ConsenSys, a US-based blockchain company, to develop a central bank digital currency (CBDC) project.

Hong Kong Monetary Authority, HKMA, ConsenSys, blockchain, CBDC, central bank digital currency, cross border payments, Singapore

Target to test Sezzle Buy Now Pay Later services

28 Sep 2020 | Ecommerce

Instalment payments platform Sezzle has announced the commencement of a Proof Of Concept (POC) with Target.

Sezzle, pay later, Target, retail

Digital Euro seen as an alternative to 'private digital currencies', ECB

25 Sep 2020 | Cryptocurrencies

The European Central Bank (ECB) has been analysing the benefits and risks of a digital currency, according to its president, Christine Lagarde.

European Central Bank, ECB, Christine Lagarde, digital euro, digital currency, cryptocurrency, blockchain, retail payments

Charge Anywhere offers software applications for Castles POS terminals

24 Sep 2020 | Online Payments

Charge Anywhere and Castles Technology has announced the release of Charge Anywhere's QuickSale software applications with the Castles SATURN series of Smart POS terminals.

Charge Anywhere, Castles, POS terminals, retail, in-store payments, payment terminal

SCA for PSD2 could cost merchants more than EUR 100 bln in 2021

24 Sep 2020 | Digital Identity, Security & Online Fraud

CMSPI has released a research that shows how Europe-based merchants struggling with the COVID-19 pandemic risk losing more than EUR 100 billion in online sales in 2021.

CMSP, research, Europe, merchants, COVID-19, SCA, 3DS2, checkout, retailers, credit card, debit card, fraud, digital wallets, Apple Pay, PayPal, 3DS2

DataMesh signs payment technology partnership with Peregrine

24 Sep 2020 | Online Payments

DataMesh has signed a contract with Peregrine, one of Australia’s largest retailers, to offer its full suite of financial payments products.

DataMesh, payment technology, Peregrine, retail, POS

Vanta fintech launches credit card for startups with Marqeta

24 Sep 2020 | Cards

Marqeta has announced that it has helped Vanta fintech to launch its next generation credit card for startups.

Vanta, fintech, credit card, startups, Marqeta

Groceries and electronics to drive online retail rebound for APAC

23 Sep 2020 | Ecommerce

A new forecast by Forrester has predicted that online retail sales will grow from USD 1.5 trillion in 2019 to USD 2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3%.

Forrester, forecast, APAC, Asia, social commerce, research, online retail, retailers

Singapore-based Syfe secures USD 18.6 mln Series A funding

23 Sep 2020 | Payments General

Digital wealth manager Syfe has successfully closed a USD 18.6 million Series A funding round led by Valar Ventures, a VC fund for high potential fintech companies.

Syfe, Singapore, Series A, funding, digital wealth manager, Valar Ventures, VC, fintech, capital injection, investing, saving, Asia, technology platform, Presight Capital, Unbound, UK, investment firm, digital wealth management, platform, Monetary Authority of Singapore, MAS, Capital Markets Services License, CMS license, license, retail fund management, institutional fund management

SpotOn raises USD 60 million in Series C funding

23 Sep 2020 | Online Payments

SpotOn Transact, a software and payments company, has announced USD 60 million in Series C funding led by DST Global.

SpotOn, funding, payment technology, POS, retail

MetaBank partners Finix and TabaPay to offer faster payments

23 Sep 2020 | Online Payments

MetaBank has announced the expansion of its faster payments platform to include processors Finix and TabaPay.

MetaBank, Finix, TabaPay, faster payments, card processing

Developments in biometric authentication and biometric cards

23 Sep 2020 | Digital Identity, Security & Online Fraud

Úna Dillon, Managing Director at MRC Europe, elaborates on the key developments in biometric authentication and biometric cards

Úna Dillon, MRC, Europe, biometric authentication, biometric cards, biometrics, retailers, UX, fraud, chargebacks, ecommerce, checkout, electronic payments, cardholder, CDCVM, mobile payments, ApplePay, Samsung Pay, Visa Checkout, mobile commerce, contactless card payments, onboarding process

Parcel Perform, Amazon Web Services partner to improve ecommerce delivery experience with ML

22 Sep 2020 | Ecommerce

Parcel Perform has launched a machine learning (ML) algorithm to reliably predict date of arrival of any ecommerce delivery.

Parcel Perform, machine learning, ML, ecommerce, delivery, Amazon Machine Learning Solutions Lab, checkout, retailers, AWS

Ingenico, TurnCloud to offer payment solution for retailers in Taiwan

21 Sep 2020 | Ecommerce

Ingenico and TurnCloud have joined forces to offer a new Android solution for retailers in Taiwan.

Ingenico, retail, in-store payments, payment terminal

Bank of Georgia secures USD 50 mln trade finance facility with Citi

18 Sep 2020 | E-invoicing, SCF & E-procurement

Bank of Georgia has signed a USD 50 million one-year trade finance facility with US-based bank Citigroup.

Bank of Georgia, Citi, trade finance, facility, Citigroup, bank, reimbursement, trade advances, retail banking, payment services, corporate banking, investment banking, wealth management, trade finance solutions

Flipkart integrates Paytm's e-wallet at checkout

18 Sep 2020 | Mobile Payments

Flipkart has started integrating Paytm’s e-wallet on its platform although it continues to compete with its PhonePe solution in the online payments market.

Flipkart, integration, Paytm, e-wallet, PhonePe, Unified Payments Interface, UPI, retailers, online payment methods, Amazon Pay, mobile payments, checkout

Affirm raises USD 500 million in series G funding round

18 Sep 2020 | Online Payments

Affirm has announced a USD 500 million series G round of funding led by GIC, a returning investor, and Durable Capital Partners.

Affirm, pay later, funding, retail, ecommerce

MYPINPAD, EVO Payments' subsidary eService propel Visa's 'Tap to Phone' technology in Poland

17 Sep 2020 | Mobile Payments

MYPINPAD has announced a partnership with global provider of payment technology integrations and acquiring solutions EVO Payments.

MYPINPAD, EVO Payments, eService, payment terminals Poland, Europe, card schemes, Google Pay, Apple Pay, ecommerce, PCI, POS, retailers, contactless payments, PIN, Tap to Phone, merchants, chargeback

Aleta Planet, Nestia to launch UnionPay virtual debit card

17 Sep 2020 | Cards

Singapore-based fintech Aleta Planet has partnered lifestyle app Nestia to launch a co-branded UnionPay virtual debit card Nestia member.

Union Pay, debit card, Nestia, Aleta Planet, fintech, virtual card