Articles with tag: retail

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CityCash raises USD 1 mln in seed funding

14 Aug 2020 | Payments General

CityCash, an India-based fintech focused on creating transit led micropayments ecosystem, has announced the closure of its seed round of USD 1 million from Orios Venture Partners.

payments, CityCash, India, fintech, micropayments, Orios Venture Partners, merchant, technology, Open-loop National Common Mobility Cards, SoftPOS, digital, NFC, smartcard, cards, transactions, retail, tap-n-pay

SNIPES selects Forter to fight retail fraud and scale to meet customer demand

13 Aug 2020 | Digital Identity, Security & Online Fraud

Lifestyle retailer SNIPES has announced joining Forter’s network of enterprise retailers to combat fraud.

SNIPES, retailer, Forter, fraud prevention, US, customer experience, Nike, Jordan, Adidas, Puma, merchants, egitimate transactions, fraudulent transactions, chargebacks

'As more sites add EMV at the pump, fraudsters will likely focus on those pumps without EMV'

12 Aug 2020 | Digital Identity, Security & Online Fraud

Mercator Advisory Group and Transaction Network Services (TNS) have revealed data regarding liability shift costs and how this makes retailers an easy target for fraud.

Mercator Advisory Group, Transaction Network Services, TNS, liability shift, retailers, EMV, chargeback, compliance fees, chargebacks, fraud

Coles to launch a digital portal to boost its ecommerce capabilities

11 Aug 2020 | Ecommerce

Australia-based supermarket, retail, and consumer services chain Coles has announced it will be launching a digital portal that will offer daily refreshed deals.

Coles, Australia, retail, launch, digital portal, Coles&co, online shopping, shoppable, Flybuys, Flypay

M&Co shuts down 47 stores

10 Aug 2020 | Ecommerce

Internet Retailing has reported that 47 M&Co shops are closing with the loss of more than 380 jobs at the high street fashion retailer after its parent company went into a pre-pack administration.

M&Co, stores, jobs loss, ecommerce, retail, online shopping

Credit Suisse seeks partnership with insurers

10 Aug 2020 | Payments General

Switzerland-based Credit Suisse has announced plans to expand cooperation with insurers, according to chairman.

Credit Suisse, Switzerland, insurers, cooperation, partnership, insurance, credit cards, events, retail clients, coronavirus, state backed loans, quick liquidity, banking services, retail business, Ping An, China

Quantum Group acquires Tail

10 Aug 2020 | Online & Mobile Banking

UK-based fintech incubator Quantum Group has acquired Tail, a startup providing cashback solutions.

Quantum Group, UK, fintech, Tail, fintech, startup, cashback, Monzo, Starling, Volopa, cards, banks, mobile app, merchants, data, banking, onboarding, retailer

Ted Baker integrates Klarna as one of its payment methods

07 Aug 2020 | Online Payments

UK-based luxury clothing retail company Ted Baker has partnered with Klarna to offer two new payment methods on its UK website.

Ted Baker, UK, luxury retail, Klarna, payment methods, shoppers, online shopping, interest-free, instalments, instalment payments, US, ecommerce experience, Wish lists

UK regulator stops the merge between FNZ and GBST

07 Aug 2020 | E-invoicing, SCF & E-procurement

The UK Competition and Markets Authority (CMA) has provisionally blocked the merger of suppliers of retail investment platform solutions, FNZ and GBST.

UK, regulator, FNZ, GBST, Competition and Markets Authority, CMA, supplier, retail, imvestment, software, data

DoorDash reveals DashMart, its new convenience store

06 Aug 2020 | Ecommerce

DoorDash has announced the launch of DashMart stores nationwide, a new type of convenience store, offering both household essentials and local restaurant favourites to the customers’ doorsteps. 

DashMart, convenience store, ecommerce, delivery, retail

eBay to allow retailers to sell without fees for 3 months

06 Aug 2020 | Ecommerce

Following its ‘Always Open on eBay’ initiative, eBay has announced it will be allowing retailers to sell on the marketplace without fees for another three months.

eBay, fee-free, selling, retail, ecommerce, marketplace, bricks-and-mortar, trading

Standard Chartered partners with Truera

06 Aug 2020 | Online & Mobile Banking

Standard Chartered has collaborated with US-based startup Truera, to use its model intelligence platform to identify and eliminate unjust biases in the decision-making process.

Standard Chartered, partnership, Truera, AI, artificial intelligence, US, startup, retail, digital, technology, data, machine learning, banks, software

NayaPay joins Visa Fintech Fast Track program

05 Aug 2020 | Online Payments

NayaPay has joined the Visa Fintech Fast Track program, helping the company’s integration process with.

NayaPay, Visa, partnership, fast-track, digital, digital payments, payments, Pakistan, Visa Fintech Fast Track, technology, Electronic Money Institution, EMI, emoney, merchants, debit cards, cards, online, transactions, retail, ATM, QR, mobile app, Visa Direct, cross-border, freelancer, remittances

Fraud attacks double as COVID-19 transforms the digital economy, reveals Arkose Labs

05 Aug 2020 | Digital Identity, Security & Online Fraud

Arkose Labs has revealed new data showing the impact of the rapidly evolving nature of online fraud, during the COVID-19 pandemic. 

Arkose Labs, report, online fraud, COVID-19, cybercrime, retail, cross-border attacks, fraudsters, human-driven attacks, in-game abuse attacks, application fraud, mobile attacks, Europe, North America

hey secures growth investment led by Bain Capital Tech Opportunities

04 Aug 2020 | Online Payments

Japan-based payments and ecommerce platform hey has announced it secured a Series E investment led by Bain Capital Tech Opportunities.

hey, ecommerce, Japan, Series E, Bain Capital Tech Opportunities, online retail, cashless payments, Coubic, point-of-sale, terminal, merchants

Galileo's payments processing platform powers RoarMoneySM

04 Aug 2020 | Payments General

Galileo has announced that its customisable API-based payments processing platform is powering RoarMoneySM.

Galileo, MoneyLion, RoarMoneySM, card issuing, digital banking, mobile banking, lending, mobile wallet, cybersecurity, transactions, retail

UOB launches robo-advisor mobile app

04 Aug 2020 | Online & Mobile Banking

United Overseas Bank (UOB) has launched UOBAM Invest, a robo-advisory mobile app that offers retail investors in Singapore personalised investment portfolios.

UOB, robo-advisor, Singapore, United Overseas Bank, banks, UOBAM Invest, mobile app, retail, online, SNG1, Digital Advisor, MyInfo, PayNow, payments

ACI Worldwide drives payments transformation for ACS, a division of Altron

04 Aug 2020 | Online Payments

ACI Worldwide has announced that Altech Card Solutions (ACS), a division of Altron, is utilizing ACI’s UP Retail Payments to serve its multi-national retail customers across Africa.

ACI Worldwide, Altech Card Solutions, ACS, Altron, ACI UP Retail Payments, retail, Universal Payments Framework, alternative payments, alternative payment methods, QR, POS, merchants, digital payments, underbanked

Paymentology works with Utility Warehouse to help customers reduce their bills

03 Aug 2020 | Ecommerce

UK-based multiservice provider Utility Warehouse (UW) has selected cloud-based payment processing platform Paymentology to process its cashback card transactions. 

Utility Warehouse, UW, UK, Paymentology, cashback, card transactions, Sainsbury’s, Boots, M&S, monthly utility bill, cashback card, reward points, retailers, fraud protection, point-of-sale

Fiserv tech supports Transact Bank to set commercial payments focus

03 Aug 2020 | Payments General

US-based Transact Bank has focused on domestic and cross-border businesses with core account processing technology from Fiserv, a global provider of financial services technology solutions.

Fiserv, partnership, Transact Bank, US, banking, commercial payments, ecommerce, telemedicine, hospitality, retail