Vince Graziani, CEO, IDEX Biometrics ASA Comments
- 4 years 6 months ago
- E-Commerce
Vince Graziani, CEO, IDEX Biometrics ASA comments: “Delays to the Strong Customer Authentication (SCA) will give the payments and e-commerce industry extra time to prepare for the roll out of the directive. However, security measures must be put in place to comply with the SCA requirements sooner, rather than later. If the payment ecosystem fails to use this time to prepare, or implement the right technology to comply with this new ruling, it... more
Forter Doubles Revenue in Last 12 Months; Raises $300M for a $3B Valuation
- 4 years 6 months ago
- E-Commerce
Forter, the leader in e-commerce fraud prevention, today announced it has raised $300 million in Series F funding led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management. Existing investors also participated including Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners.
Fintech Week London 2021 Appoints SkyParlour as official PR Agency
- 4 years 7 months ago
- E-Commerce, Payments, Cybersecurity
Fintech Week London is the first major event to bring the Fintech community together, in-person, since 2019 and SkyParlour is delighted to have been appointed as the official PR and media relations partner for the event.
12 Months After Launching Banking Licence, Banking Circle is Already Processing 6% of European B2C E-commerce Payments
- 4 years 7 months ago
- E-Commerce, Payments, Banking
Banking Circle, the payments specialist, has reported a significant uplift in payments flow and clients a year after it launched its Banking Licence. At the end of February 2020, Banking Circle received its Banking Licence from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, enabling it to give financial institutions direct access to real-time payments regardless of borders or size. It also launched its new headquarters... more
Digital Commerce Spend to Exceed $11.6 Trillion in 2021, as Transition to Digital Channels Accelerates
- 4 years 7 months ago
- E-Commerce, Money Transfers
A new study from Juniper Research has found that digital commerce spending will rise to over $11.6 trillion by the end of 2021, from $10.5 trillion last year; a growth of 11.5% in a single year.
Payoneer Announces Agreement with eBay
- 4 years 7 months ago
- E-Commerce, Payments, e-Payments
Payoneer Announces Agreement with eBay eBay continues to manage payments in more countries with the support of Payoneer
Nets Group Completes Acquisition of E-commerce Provider Checkout Finland
- 4 years 7 months ago
- E-Commerce, Payments, Security
Deal brings 8,000 ecommerce merchants to Nets portfolio, as part of continued European expansion. Merchants and partners to benefit from expanded set of ecosystem integrations and a broad range of functionalities as well as future innovations Consolidation in European payments:
UTP Group Becomes The First To Offer Same-day Funding Online And In-store.
- 4 years 7 months ago
- E-Commerce, Payments, Credit Cards
UTP Group has partnered with Faster Processing to provide its eCommerce customers with the unique ability to receive fund settlement within hours rather than days. Up until this point merchants have had to wait anywhere up to five working days before receiving the funds from payments they have taken online.
PayNearby Aims to Handhold 10 Crore Citizens for Covid-19 Vaccine Registration from Kirana Stores
- 4 years 7 months ago
- E-Commerce, Technical, Non-Financials
15,00,000+ small retail outlets to participate actively in vaccination drive
Signifyd Closes $205 Million Funding Round to Extend Identity-Centric Commerce Protection Across Digital Shopping Globally
- 4 years 8 months ago
- E-Commerce, Financial
Signifyd, the leading provider of digital commerce protection, today announced a $205 million Series E growth equity financing led by Owl Rock Capital, with participation by financial services provider FIS and investment management organizations Canada Pension Plan Investment Board (CPP Investments) and Neuberger Berman Investment Advisers. Their investment values the company at $1.34 billion and adds significant resources to expanding Signifyd’... more
Forter Partners with Flutterwave to Drive eCommerce Growth Across Africa and Beyond
- 4 years 8 months ago
- E-Commerce, Payments
Forter, the leader in e-commerce fraud prevention, has announced a partnership with Flutterwave, Africa’s leading payments technology company. The partnership, the first of its kind in Africa, will enable merchants to accurately identify legitimate buyers from fraudsters, resulting in increased transaction approvals and reduced friction in the purchasing experience, all without the fear of fraud.
Etsy Sets Company Record With $1.7B Revenue - 110% YoY Increase in 2020
- 4 years 8 months ago
- E-Commerce
American e-commerce website, Etsy had a huge 2020 in which it set a company record for revenue. The e-commerce sector, in general, grew tremendously in 2020 as the pandemic forced people to completely alter their shopping habits. As a result, Etsy crossed the billion-dollar revenue mark for the first time in company history after a staggering YoY increase.
Ecommerce Data Specialist Conjura Launches Due Diligence Product for Investors and Businesses Preparing to Fund Raise
- 4 years 8 months ago
- E-Commerce
Ecommerce data specialist Conjura has launched a new data due diligence service, Snapshot. This allows businesses preparing for a funding round to assess the customer data they hold. This can be used to demonstrate current performance and also identify potential growth opportunities. Conversely, Snapshot can be used by investors to audit and analyse granular transaction level business data to help them decide whether to invest or not.
Meet the Platform Set to Disrupt the UK B2B Commerce Industry.
- 4 years 8 months ago
- E-Commerce
To address the increase in demand for B2B eCommerce, Oro Inc has launched its flagship platform OroCommerce in the UK.
Jcb Sees Online Sales in Europe Increase by More Than 300% From 2016 to 2019
- 4 years 8 months ago
- E-Commerce
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has seen impressive growth in virtual spending with European retailers from its Asian cardmember base, with online sales growing by more than 300% across the continent between 2016 and 2019[1].
