Latest E-commerce News: Finextra Research

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

13 December 2024

News/inclusion

US agencies provide advice for combatting elder financial exploitation

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and state financial regulators issued a joint statement this week.

04 December 2024

News/crime

5 most common fraud methods in 2024, according to AIB

‘Smishing’ accounts for 94% of all fraud cases from January to October this year.

04 December 2024

News/crime

53% of APP victims were satisfied with their bank’s response

To mark International Fraud Awareness Week, Payments System Regulator (PSR) has released research on the impact of Authorised Push Payment (APP) fraud on UK consumers.

22 November 2024

News/payments

Google Pay integrates with Afterpay and Klarna

BNPL firms Klarna and Afterpay are both set to become payments options on Google Pay in the US.

20 November 2024

News/security

Mastercard aims to kill passwords and manual card entry by 2030

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

14 November 2024

News/payments

Visa partners Affirm on card that lets shoppers toggle between payment types

Visa has joined forces with Affirm to bring its 'flexible credential' technology to the US via a card that can toggle between debit and BNPL payment options.

13 November 2024

News/payments

Wells Fargo rolls out Paze online checkout option to customers

Well Fargo is the latest lender to offer Early Warning Service's Paze online checkout option to its debit and credit card customers.

01 November 2024

News/startups

Infinity Ventures closes $184m fintech fund

Infinity Ventures, the early-stage fintech and commerce venture firm founded by PayPal veterans, has raised a $184 million Fund II.

23 October 2024

News/crime

Ecommerce fraud to exceed $100bn by 2029

The value of ecommerce fraud is set to rise threefold in the next five years, thanks to the impact of AI.

07 October 2024

News/wholesale

HSBC launches embedded finance venture

HSBC has partnered B2B global trade network Tradeshift on a joint venture offering embedded finance solutions to business clients.

03 October 2024

News/payments

Mastercard agrees to buy subscription management startup Minna

Mastercard has struck a deal to acquire Swedish subscription management specialist Minna Technologies. Financial terms were not disclosed.

01 October 2024

News/security

Ireland to grant National Cyber Security Centre emergency powers

Proposed legislation is set to give Ireland's cybersecurity agency the power to monitor all of the country's internet traffic when there is a "pressing national security threat".

30 September 2024

News/wholesale

Qonto announces European expansion

French neobank Qonto is set to open new offices in Austria, Belgium, Portugal and the Netherlands as part of a European expansion plan.

30 September 2024

News/people

Australia launches initiative to address tech talent shortage

The Tech Council of Australia (TCA) has launched a initiative designed to address the battle for tech talent.

30 September 2024

News/payments

Trinidad and Tobago to roll out India's UPI payments tech

Trinidad and Tobago is the latest country to sign up with NPCI International Payments for the development of a real-time payments system based on India's UPI.

30 September 2024