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Adyen: UK retail sector loses GBP 11.3 bln to payment fraud yearly

News | Digital Identity, Security & Online Fraud | 09 Apr 2024

Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.

payment fraud, cybercrime, retail, research, PSD3

Amazon launches affordable fashion store 'Bazaar' in India

News | Ecommerce | 08 Apr 2024

Amazon has introduced in India a ‘special store’ called Bazaar, offering affordable fashion and lifestyle products.

ecommerce, retail, delivery, expansion, online shopping

Le Reve partners with TallyPay to adopt a cashless payment method

News | Ecommerce | 02 Apr 2024

Bangladesh-based fashion and lifestyle brand Le Reve has partnered with TallyPay to introduce a cashless payment method across its stores.

partnership, payment methods, cashless, ecommerce

PayPoint named supplier on the Open Banking Dynamic Purchasing System

News | Online & Mobile Banking | 26 Mar 2024

PayPoint has announced its inclusion as a supplier on the Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework.

payments , Open Banking, fintech, expansion

UK retailers report positive revenue impact from Embedded Finance

News | Online & Mobile Banking | 22 Mar 2024

A new report by NatWest Boxed and BCG has showed that UK retailers have reported incremental revenue growth as a result of Embedded Finance.

embedded finance, report, research, fintech, banking

Lloyds Bank partners with PayPoint

News | Payments General | 21 Mar 2024

UK-based Lloyds Bank has entered a partnership with British payments company PayPoint Group to become its main card acquiring partner.

partnership, credit card, debit card, banking, financial services

The Paypers Global Fintech Mergers and Acquisitions Analysis: Q4 2023

Voice of the Industry | Payments General | 20 Mar 2024

The Paypers took a close look at some of the most important M&As from Q4 2023, with a focus on trends in the banking, fintech, payments, fraud prevention and crypto sectors to identify key elements that drive companies to acquire others.

acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, financial services

Premiumisation and hyper-personalisation: transforming consumer expectations

Voice of the Industry | Payments General | 19 Mar 2024

Amanda Gourbault from CompoSecure discusses the impact of consumers' growing preference for products that reflect their values and lifestyles, and their strong demand for personalised experiences in the payments industry.

mobile payments, fintech, banking, customer experience, debit card, online authentication

Payment orchestration as a catalyst for boosting customer conversion

Interviews | Online Payments | 07 Mar 2024

We interviewed Alex Morgan-Moodie, Vice President and Head of Vertical Growth at Worldpay, about the importance of an optimised payment experience and the role of payment orchestration as a catalyst for businesses to boost customer conversion.

cross-border payments, ecommerce, merchants, payments orchestration, marketplace, checkout optimisation , customer experience

Softpay integrates BankAxept

News | Payments General | 01 Mar 2024

Softpay has announced that it now accepts BankAxept, a card scheme in Norway, as part of its advanced payment solutions.  

Tap-to-Pay, Android, transactions , payment methods, card scheme, partnership

The potential of AI in breaking down language barriers and improving customer service and shopping experiences

Voice of the Industry | Online Payments | 29 Feb 2024

Rad Anandakumar, Practice Manager at AI Consulting Group, explores how AI can break down language barriers and enhance customer service and shopping experiences.

cross-border payments, ecommerce, customer experience, artificial intelligence, machine learning, marketplace, online payments, generative AI

Fashion item refunds increase in the UK

News | Online Payments | 28 Feb 2024

Data, analytics, and technology company Equifax has released new research which shows that fashion item refunds increased substantially in the UK. 

refund, refund fraud, chargebacks, friendly fraud, online shopping

Amazon Pay secures payment aggregator licence from RBI

News | Payments General | 27 Feb 2024

Amazon Pay has secured a payment aggregator licence from the Reserve Bank of India, being enabled to offer online merchant payment solutions to its clients. 

payments aggegator license, payments , online payments, mobile payments, digital payments, ecommerce

Amazon to launch Bazaar store for value fashion in India

News | Ecommerce | 22 Feb 2024

Amazon has planned to tap India’s fashion and lifestyle ecommerce sector with the launch of Bazaar, a store where it will not levy extra charges on unbranded products.

ecommerce, retail, expansion, delivery, online shopping

REISS adopts Teamwork Commerce's mobile POS solution

News | Mobile Payments | 20 Feb 2024

REISS has partnered with Teamwork Commerce to deploy Mobile POS across US stores in a bid to improve in-store efficiency and customer experiences.

POS, partnership, retail, customer experience, mobile payments

The changing dynamics of global ecommerce – current developments and future projections

Voice of the Industry | Payments General | 16 Feb 2024

Bob Hoyler of Euromonitor discusses slowing growth, citing changing consumer behaviour. Despite challenges, cross-border ecommerce thrives, driven by marketplaces. 

ecommerce, cross-border payments, behavioural biometrics, marketplace, research

Optimising the payments checkout – best practices from Vestiaire Collective

Voice of the Industry | Online Payments | 01 Feb 2024

Pedro Bennasar, Head of Payments at Vestiaire Collective, provides best practices when optimising the payments checkout for the fashion industry.

payments , payment methods, checkout optimisation , PSP, online payments, biometrics, digitalisation, ecommerce, merchants, BNPL, crypto

Payments and fintech industry events to attend in 2024

Voice of the Industry | Payments General | 12 Jan 2024

If you want to stay up to date with the latest trends in fintech and payments, the best place to start is by meeting the people at the forefront of innovation.

ecommerce, payments , artificial intelligence, fraud prevention, Open Finance, Open Banking, tokenization, fintech, generative AI, PSD3, payments orchestration

Amazon Fashion uses AI to improve online clothing shopping

News | Online Payments | 09 Jan 2024

Amazon Fashion has announced its plans to leverage artificial intelligence (AI) to support customers who shop for clothing online to find their correct size.

online shopping, shopping, artificial intelligence, machine learning, customer experience

The culture of influencers and how they shape the future of digital payments

Interviews | Online Payments | 11 Dec 2023

Irene Skrynova, Chief Customer Officer at Unlimit, discusses the culture of influencers and how they shape the future of digital payments for two generations – millennials and Gen Z.

gig economy, Gen Z, online payments, mobile payments, digital payments, travel payments, local payment method, ecommerce, trading platform, cryptocurrency, PSP, payment processing, payments