Alibaba Group Announces September Quarter 2020 Results
- 5 years 1 month ago
- E-Commerce
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter ended September 30, 2020.
Novalnet and Banking Circle Announce Partnership
- 5 years 1 month ago
- E-Commerce, Payments
Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking Circle is helping Novalnet to efficiently support its global clientele with local and cross border settlement at competitive rates and with faster reconciliation to help online merchants manage and maintain cashflow.
Forter and FreedomPay Establish First Joint Network for Banks and Online Merchants
- 5 years 1 month ago
- E-Commerce, Banking
Forter, the leader in e-commerce fraud prevention, today announced a partnership with FreedomPay, a global leader in Next Level Commerce™, establishing the first joint network for online merchants and banks to instantaneously block fraud and enable legitimate consumers to operate freely.
Detected Raises £250,000 to Eliminate Fraud Across B2B E-commerce
- 5 years 1 month ago
- E-Commerce, Investment, Fraud Detection
Detected, the world’s first agnostic business verification platform, has closed its pre-seed funding round at £250,000. This first tranche has been raised from a number of prominent angel investors within the founding team’s network. Participants include:
NatWest and ITV Search for UK’s ‘Extraordinary’ SMEs in New Competition
- 5 years 1 month ago
- Covid-19, E-Commerce
NatWest and ITV have today announced the launch of a new competition where three of the UK’s brightest small businesses will win their own TV advert worth £150,000, produced by acclaimed London-based advertising agency Pablo, with guaranteed, tailored airtime on ITV and through NatWest’s owned channels.
Debit Card Spending Reaches Record High in July as Pandemic Accelerates Growth in Online Shopping
- 5 years 1 month ago
- E-Commerce
Debit card spending in the UK reached a record high of £59.1 billion in July, data published by UK Finance has revealed. This is up almost a fifth (17.9 per cent) compared to the previous month and an increase of 9.4 per cent compared to July last year. Credit card spending in July amounted to £15 billion, an increase of 15 per cent compared to the previous month, but 24.8 per cent below levels seen last year.
Stripe to Acquire Paystack to Drive E-commerce Across Africa
- 5 years 1 month ago
- E-Commerce, M&A Deals
The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average. In order to help increase Africa’s online GDP, Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world.
New Year, No More for One in Five Online Retailers if They Fail This Festive Period
- 5 years 1 month ago
- E-Commerce, Payments
Despite this festive period promising to be the most online ever, fears of failure threaten a fifth (21%) of online retailers. A new study from London-based online payment company, Checkout.com, shows one in five (19%) online merchants don’t think their e-commerce offering will cope with this year’s online festive sales rush, rising to 22% for smaller retailers*.
Openpay Strikes Gold With Wolves
- 5 years 2 months ago
- E-Commerce, Payments
Openpay, the UK’s latest next-generation, interest-free payment solution, has today announced Wolves as its latest merchant. The deal marks a key period of growth for Openpay, with Wolves becoming Openpay’s second sporting partner, following last month’s agreement with Fulham FC.
eCommerce Platform Kooomo Reveals Its Latest Platform Updates
- 5 years 2 months ago
- E-Commerce
Global eCommerce platform, Kooomo, has today announced a list of updates to its platform, diversifying its offering and fine-tuning its features to deliver an even stronger eCommerce platform.
Fintech App Drop Launches Personalization With Button
- 5 years 2 months ago
- E-Commerce
Button, the leading mobile commerce technology company, announced that
xpate CEO Mike Shafro to Advise Latvia's Industra Bank
- 5 years 2 months ago
- E-Commerce, Payments, Banking
xpate, the startup set on revolutionising payments with one unified account for all payment methods and innovative drag and drop technology, announces that CEO Mike Shafro has been appointed Ecommerce Advisor to Jurijs Adamovics, Chairman of the Board of Directors, Industra Bank.
JCB and Banco Santander Partner to Enable a More Diversified E-commerce Portfolio in Spain
- 5 years 2 months ago
- E-Commerce
In June 2019, JCB International Co. Ltd., the international operations subsidiary of JCB Co., Ltd., and Banco Santander, through its subsidiary Santander España Merchant Services, partnered to support the growth of face-to-face transactions made by JCB cardmembers across Spain. Earlier this year, in March 2020, JCB and Banco Santander pivoted this collaboration to additionally support online exchange between JCB cardmembers and Banco Santander’s... more
EBANX and Amazon Announce Partnership in Colombia During the Latin America Summit
- 5 years 2 months ago
- E-Commerce, Payments
EBANX and Amazon announced a partnership in Colombia this Thursday, September 17, 2020, at the chapter one of the Latin America Summit, EBANX annual event about business in the region. Once the solutions are available, Colombian consumers will be able to pay for purchases within Amazon in their local currency and using local payment methods.
Unified Commerce Pays as Multi-Channel Retailers Sweep Up Home-bound Shoppers
- 5 years 2 months ago
- Covid-19, E-Commerce
New data released today by Adyen, the global payments platform of choice for many of the world’s leading companies, underscores the importance of omni-channel retail in mitigating sector and wider economic turbulence caused by the coronavirus pandemic.
