E-commerceRSS

Walmart pushes omnichannel shopping with new tech incubator

walmart-logo-sun55

Walmart recently announced another step toward further developing its e-commerce business with the creation of a technology incubator called Store No. 8 to create new retail online businesses as well as help the retail giant better compete against Amazon.

SEB supports Samsung Pay in Sweden

Samsung Pay comes to Sweden

SEB is among the first banks in Sweden to offer Samsung Pay functionality to its customers.

IDFC Bank launches “breakthrough” biometric payment app, IDFC Aadhaar Pay

IDFC Bank automates revenue management  with Suntec

India-based IDFC Bank has launched an e-payment app, IDFC Aadhaar Pay, developed in association with the Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India (NPCI).

Verifone investigates breach that targeted US merchants

Verifone

Terminal maker Verifone says it’s investigating a breach that involved an attempt to get into its corporate network and targeted US merchants.

Alibaba targets Amazon with $177m stake in Paytm e-commerce

alibaba 1

India-based Paytm’s e-commerce unit has raised $200 million in a funding round led by Chinese titan Alibaba, with the latter potentially muscling in on Amazon’s arena of action. Alibaba’s Singapore unit will invest $177 million into Paytm E-Commerce, with $23 million coming from Indian venture and growth capital fund SAIF Partners. With the deal Alibaba […]

Lemon Way takes on Stripe with new e-commerce payments solution

Lemon Way

French fintech Lemon Way has launched an e-commerce payment solution across seven countries in Europe to rival Stripe.

Accenture in German digital and US innovation drives

Accenture

Accenture will acquire German digital agency SinnerSchrader to boost its Accenture Interactive services in the country. Also, the company plans to launch ten new innovation hubs in the US in the next three years. Accenture has agreed to purchase a 62% majority of SinnerSchrader shares from co-founder and CEO Matthias Schrader, CFO Thomas Dyckhoff, and […]

Standard Chartered China teams with Tencent FiT for e-commerce solution

Standard Chartered on a major cost- and job-cutting spree

Standard Chartered China is partnering with Tencent Financial Technology Group (Tencent FiT) to launch a new e-commerce solution for corporates. The deal makes Standard Chartered the “first global bank to offer a one-stop online collection solution with WeChat Pay” and combines its cash management offering with the online payment gateway. The bank says it can […]

Amazon looking to buy Capital One?

Acquisition

Amazon is rumoured to be pondering the acquisition of Capital One. Banking Technology contacted both parties for a comment but received no response.

Modern payments and banking APIs

payments

Modern banking is not limited to banks anymore. It’s not only about online or mobile banking, it’s about all the things you would do in your banking system, but now you can do in apps or other solutions provided by third parties, not banks. Payments are one of such functionalities.

@banking
techno