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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
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 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
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
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
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 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 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
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
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 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
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
PayPoint has announced expanding its partnership with UK-based Yodel and Vinted in the Collect+ network.
partnership, online payments, ecommerce, online shopping, transactions
Payment solutions provider PayTabs has announced its partnership with Tabby to enable the expansion of ecommerce across the Kingdom of Saudi Arabia and the UAE.
BNPL, ecommerce, online platform, online shopping, online payments, payment methods
Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.
payments , fintech, B2B payments, compliance
Unified infrastructure for global payments and commerce Primer has secured an investment from China-based internet company Tencent.
Global Payments, partnership, ecommerce, investment
MENA-based BNPL platform Tabby has become available as a flexible payment option on Saudia Arabia-based Almosafer’s travel platforms.
BNPL, instalment payments, travel payments, partnership, payment methods
MENA-based BNPL platform Tabby has secured USD 200 million in Series D funding round in order to develop its solutions and expand its offerings.
funding, investment, payments , BNPL, online payments, mobile payments, digital payments
UK-based payments technology company Zilch has secured an investment from eBay in a deal valuing it at GBP 1.65 billion.
investment, BNPL, mobile banking, fintech, instalment payments, online payments
China-based online fashion and lifestyle retailer Shein has bought the Missguided fashion brand name from Frasers Group.
ecommerce, acquisition, retail, expansion