Tagged: e-commerce

June 11, 2023 @ 6:38 pm By Omar Faridi  |  

nocnoc, the facilitator of cross-border eCommerce between global sellers and Latin America, today announced that it has secured $14 million in Series A funding, “led by PayPal Ventures with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia.” The funding from the investment… Read More

June 9, 2023 @ 4:26 pm By Omar Faridi  |  

James Watt’s ‘The Next Unicorn’ project, where he has linked up with Crowdcube in order to find the next “beast,” has provided Basket with £250,000 in funding, according to a report in Tech.eu. Basket is a tech startup established by Lex Deak and William Neill…. Read More

June 6, 2023 @ 8:43 pm By Omar Faridi  |  

Redseer Strategy Consultants released a report titled ‘Future of Online Payments’ in collaboration with Plural by Pine Labs. The report “highlights growth projections for the forecast period FY23-26 and shares insights on segments like UPI, Bharat Bill Payment System (BBPS), Embedded Finance, and e-commerce.” As… Read More

June 1, 2023 @ 10:42 pm By Omar Faridi  |  

NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has raised $53.6m. The investment round was “led by Finch Capital, and includes participation from Outpost Ventures, a Neuberger Berman fund, with participation from individuals.” Peter Burridge,… Read More

May 31, 2023 @ 3:34 pm By Omar Faridi  |  

Chargebacks911, which claims to be the first company dedicated to providing chargeback remediation services to the world’s largest banks and businesses, released its 2023 Chargeback Field Report, “giving retailers and financial institutions an understanding into the current state of friendly fraud, first-party misuse and chargeback… Read More

May 31, 2023 @ 8:55 am By Omar Faridi  |  

Daffy.org, the modern platform and community for charitable giving, today announces the launch of its open APIs designed to make it easier to bring giving into every financial budgeting app, investing app, e-commerce site, and marketplace. By integrating Daffy into their applications and services, companies… Read More

May 25, 2023 @ 3:32 pm By Omar Faridi  |  

Vespia, an AI-powered Business Verification Service for verifying and onboarding business customers that helps minimize the risk of fraud, has highlighted the significance of business verification for non-AML obligated firms, like supply chain, digital commerce, as well as the sharing economy. Vespia explains that by… Read More

May 15, 2023 @ 10:01 pm By Omar Faridi  |  

Kasada, provider of the most effective and easiest way to defend against advanced bot attacks, announced a strategic partnership with Signifyd, a specialist in eCommerce fraud and consumer abuse protection. As noted in the update: “As fraud rings continue to innovate, Signifyd and Kasada together… Read More

May 10, 2023 @ 12:22 pm By Omar Faridi  |  

CMFG Ventures, the venture capital arm of CUNA Mutual Group, has announced a strategic investment in DataVisor, a global firm focused on online fraud detection and risk management for financial services and ecommerce, as they expand their services into the credit union market. Credit unions… Read More

May 9, 2023 @ 4:39 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) and global payments platform Tazapay announced a global partnership to deliver best in class payments and commerce enabling experiences as part of the Bank’s broader initiative to provide curated financial services on B2B platforms. This builds on the memorandum of understanding… Read More

April 17, 2023 @ 9:23 pm By Omar Faridi  |  

NSW, Queensland and Tasmanian digital businesses have seen their annual turnover “jump by up to 13%, even as Aussies’ online spending dropped by more than $124 million nationwide.” The first Digital Economy Index released by payments fintech Airwallex shows Australians have “spent $124.1 million less… Read More

April 14, 2023 @ 3:12 pm By Omar Faridi  |  

Riskified (NYSE:RSKD), a key played focused on eCommerce risk intelligence, announced its partnership with Deloitte, which supports fraud and financial crime advisory services, to empower merchants “with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space.”… Read More

April 12, 2023 @ 11:17 pm By Omar Faridi  |  

EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), an international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, announced that it has received the final observation letter/clearance from the Securities and Exchange Board of India (SEBI) “for… Read More

April 11, 2023 @ 10:15 pm By Omar Faridi  |  

FYST, a “one-stop” payments consultancy for ecommerce businesses, has released the first part of a new three-part report, ‘The Map of World Payments’, that drills deep into ecommerce payment trends, with this instalment focusing on the MENA region, and shows how merchants serving these regions… Read More

April 11, 2023 @ 8:07 am By Omar Faridi  |  

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive “were up +4.7% year-over-year (YOY) in March.” Mastercard SpendingPulse reportedly “reflects nominal spending and is not adjusted for inflation.” At a national level, while… Read More

March 24, 2023 @ 5:18 pm By Omar Faridi  |  

TYB is now available on the Shopify App Store, making it the “first” end-to-end Web3 community-powered loyalty solution available to Shopify’s merchants through an Avalanche-based platform. The app allows Shopify merchants “to implement TYB’s community-integrated-commerce tools to directly connect with and reward fans for taking… Read More

March 20, 2023 @ 11:08 pm By Omar Faridi  |  

Infinicept, a provider of embedded payments, and LegitScript, a key playrer focused on merchant and product certification and website monitoring in the e-commerce and payment sectors, announced a partnership to deliver comprehensive merchant monitoring capabilities. Together, Infinicept and LegitScript will “provide a robust and holistic… Read More

March 17, 2023 @ 2:17 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced its partnership with Wix.com Ltd. (Nasdaq: WIX), a global SaaS platform to create, manage, and grow an online presence. The partnership reportedly “delivers Forter’s accurate, real-time decisions to Wix merchants in certain countries — increasing their approval… Read More

February 16, 2023 @ 9:10 pm By Omar Faridi  |  

Enfuce, the European card issuing and processing Fintech, has been selected by  Finnish e-commerce aggregator start-up Starcart in order “to offer its retailers and shoppers the speed, security and convenience of embedded virtual card payments.” The partnership is set “to transform the way in which… Read More

February 14, 2023 @ 9:27 pm By Omar Faridi  |  

In a “first” for biometric payments in the UAE, Network International, the enabler of digital commerce in the MENA region, and Carrefour, owned and operated by Majid Al Futtaim in the UAE, announced that they have “implemented the Face Pay face verification platform for payments… Read More