Bango plc (AIM:BGO), the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO. In addition, Bango has signed “a long-term platform deal with NTT DOCOMO to provide payment services in Japan for the world’s largest merchants.” DOCOMO… Read More
Read more in: Fintech | Tagged acquisition, data, digital commerce, international payments, japan, payments
The Emerging Tech Indicator (ETI), released by Pitchbook, provides a quarterly review of seed- and early-stage investment activity “involving a limited subset of the world’s most successful venture capital (VC) firms.” The analysis provides “a unique perspective into the types of technologies top investors view… Read More
Read more in: Fintech, Global | Tagged deal activity, digital commerce, e-commerce, pitchbook, research, Research Report, Research Study
Karachi-headquartered Fintech firm Safepay HQ is reportedly going live with Cybersource (a product of payments service provider Visa) in order to bring Pakistani merchants new ways to allow their clients to pay them online. Safepay is a payment service provider that has reportedly received pilot… Read More
Read more in: Asia, Fintech | Tagged digital commerce, financial services, fintech adoption, fintech trends, karachi, mastercard, online payments, pakistan, payments, safepay, visa
Buy Now, Pay Later (BNPL) plans have taken over as a “popular” financing option for consumers, partly due to “an increase in online shopping demands during the pandemic,” the TrueAccord team notes in a blog post. In 2021, Americans “spent more than $20 billion through… Read More
Read more in: Fintech | Tagged bnpl, buy now pay later, consumer behavior, consumer spending, debt, debt collection, digital commerce, digital debt collection, e-commerce, financial services, fintech adoption, fintech trends, gen z, online shopping, research, trueaccord
Visa (NYSE: V) announced that the company has now issued more than 4 billion network tokens worldwide “through Visa Token Service (VTS), marking a major milestone in its proprietary offering to help secure digital payments and further accelerate ecommerce innovation and acceptance.” This milestone, which… Read More
Read more in: Fintech | Tagged digital commerce, digital financial services, digital technology, digital transactions, digitalization, e-commerce, financial services, jack forestell, milestone, visa
Checkout.com, the cloud-based payments service provider, announced updates to its Authentication product “to help merchants combat fraud and optimize their revenues, with an evolving toolkit of products and features to help merchants navigate the rapidly evolving landscape.” Checkout.com’s enhancements to its Authentication solution “comes at… Read More
Read more in: Fintech, Global, Regtech & Legaltech | Tagged authentication, checkout.com, cloud, digital commerce, digital transactions, e-commerce, fraud, fraudulent activities, klarna, meron colbeci, payments, rami josef, sca, strong customer authentication
Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More
Read more in: Fintech, Global | Tagged bnpl, buy now pay later, consumer behavior, digital commerce, e-commerce, financial services, fintech adoption, fintech trends, flexible payments, gen z, india, installment plans, juniper, juniper research, millennials, online shopping, pay later, Payment Cards, payments, research, virtual cards
Roxe, a blockchain infrastructure company powering the next generation of payments and digital commerce solutions, has announced a partnership with the Philippines’ micro financial services provider, Cebuana Lhuillier. The partnership will “facilitate seamless cross-border remittance payments for clients in the Philippines by utilizing Cebuana Lhuillier’s… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged blockchain infrastructure, digital commerce, distributed ledger technology, dlt, e-commerce, financial services, infrastructure, jean henri lhuillier, josh li, payments, Philippines, roxe, southeast asia
MercadoLibre, Inc. (Nasdaq: MELI), which claims to be Latin America’s leading e-commerce technology company, reported financial results “for the quarter ended June 30, 2022.” The company hosted an earnings video as well as a conference call and audio webcast “for any questions that investors may… Read More
Read more in: Global, Fintech | Tagged brazil, digital commerce, e-commerce, financial results, latam, latin america, mercadolibre, progress report, South America
Alif, a Central Asian Fintech operating as a “full-fledged” Bank in Tajikistan and as e-commerce and Fintech company in Uzbekistan, has announced “a record 150%+ year-on-year revenue growth in the 12 months leading to June 2022.” During the same period, the total number of Alif… Read More
Read more in: Fintech, Asia | Tagged alif, banking, central asia, digital banking, digital commerce, e-commerce, fintech adoption, fintech trends, khofiz shakhidi, progress report, revenue growth, tajikistan, uzbekistan
Revolv3 announced that Rosecliff Ventures and an angel investor have invested $4.5 million via a seed round in the recurring billing solutions provider. Revolv3’s platform supports incremental profits for merchants by maximizing cards on file settlement rates for recurring billing transactions while also minimizing transaction… Read More
Read more in: Fintech | Tagged billing, digital commerce, e-commerce, investment round, recurring payments
TrueLayer, which claims to be Europe’s leading open banking platform, announced the availability of TrueLayer Payments for WooCommerce plugin, “enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website.” Luxury watch retailer BQ Watches is one of “the first businesses to implement… Read More
Read more in: Fintech, Global | Tagged account-to-account payments, banking, digital commerce, digital payments, e-commerce, financial serivces, instant payments, jamie morton, open banking, payments, small businesses, smbs, sme's, truelayer
Financial technology firm FIS (NYSE: FIS) is continuing to broaden its global merchant services footprint, announcing that its Worldpay from FIS merchant solutions are available in the fast0growing South Korean markets. Worldpay from FIS has teamed up with Seoul’s TossPayments, which is a South Korea… Read More
Read more in: Asia, Fintech, Global | Tagged digital commerce, digital financial services, e-commerce, financial services, fis, gabriel de montessus, seoul, south korea, worldpay
Balance, which claims to be the leader in B2B marketplace and eCommerce payments, announced a $56 million Series B fundraise, “bringing the company’s total funding to $87M.” The round was “led by Forerunner Ventures with support from Salesforce Ventures.” Hubspot Ventures, Lyra Ventures, and Gramercy… Read More
Read more in: Fintech | Tagged b2b, balance, bar geron, digital commerce, e-commerce, forerunner ventures, investment round, payments, salesforce ventures
Charles announced that it has raised a $20 million Series A round that was led by Salesforce Ventures in order to become one of Europe’s “leading” conversational commerce as a service platform. Accel and HV Capital, who led the company’s seed round in 2021, also… Read More
Read more in: Fintech | Tagged accel, conversational commerce, digital commerce, e-commerce, europe, hv capital, investment round, salesforce ventures, whatsapp
Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged b2b, blockchain infrastructure, decentralized finance, defi, digital commerce, digital technology, digital transformation, digitalization, distributed ledger technology, dlt, fx, fx rates, josh li, liquidity pools, payments, roxe
Worldline [Euronext: WLN], which claims to be an international leader in payment services, is assisting its digital commerce customers with entering the fast-evolving Chinese markets. Over 1.38 million Chinese consumers currently order various items from other nations. As noted in the update, the key to… Read More
Read more in: Asia, Fintech, Global | Tagged china, digital commerce, e-commerce, mainland china, online shopping, payments, weixin, worldline
Paytrail and Mastercard’s (NYSE: MA) partnership via Aiia, an Open Banking platform, is now supporting over 1 million open banking payments every month. Paytrail and Aiia have reportedly been working together since 2019, as they focus on supporting Open Banking enabled payments via digital commerce… Read More
Read more in: Fintech, Global | Tagged aiia, digital commerce, e-commerce, financial services, katharina luschnik, mastercard, milestone, online shopping, open banking
Chargebacks911, the dispute tech specialist that powers chargeback remediation for the “largest” global e-commerce businesses, as well as the world’s financial institutions, celebrates “a 3x boost to its automated dispute response platform.” The use of data from a consortium of businesses across a number of… Read More
Read more in: Fintech | Tagged ai, artificial intelligence, chargebacks, chargebacks911, digital commerce, e-commerce, financial institutions, fraud
Financial technology platform FIS (NYSE: FIS) announced the launch of its Guaranteed Payments solution, becoming the “only” payments processor to “offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases.”… Read More
Read more in: Fintech | Tagged digital commerce, digital transactions, e-commerce, fis, payments processor, vicky bindra
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