Tag: e-commerce

Activity, Capital and Risk, Corporate Banking, Credit

SellersFi, Amazon team up to offer up to $10M in credit lines

January 31, 2024

Via: Banking Dive

SellersFi, a global e-commerce financing and financial services company, is partnering with Amazon Lending to offer eligible sellers credit lines of up to $10 million, the companies announced Tuesday. CEO and co-founder Ricardo Pero said the credit lines are targeting […]

Activity, Retail Banking

JP Morgan Payments taps Network International to strengthen payments acquiring in the Middle East

September 5, 2023

Via: FinTech Futures

Utilising Network International’s acceptance solutions and “decades of expertise” in card processing and value-added services, JP Morgan Payments aims to “expand and complement” its existing payment offerings in the region. Founded in 1994 and headquartered in Dubai, Network International offers […]


Contactless Payment Market Report 2022: Sector to Reach $164.15 Billion by 2030 at a 19.1% CAGR

February 14, 2023

Via: PR Newswire

The global contactless payment market size is expected to reach USD 164.15 billion by 2030, registering a CAGR of 19.1% during the forecast period. Growing adoption of new payment technologies, such as Host-based Card Emulation (HCE) and Near Field Communication […]


Africa’s Cellulant partners Mastercard for online e-commerce payments

October 26, 2022

Via: FinTech Futures

The move will allow customers to make global online payments with a Mastercard virtual card linked to Cellulant’s digital wallet offering Tingg. Tingg is a single API payments platform that enables businesses to collect online and offline payments while allowing […]


Settlement in Amazon-Visa dispute may be near

January 18, 2022

Via: Payments Dive

Amazon backed off a threat to stop accepting Visa credit cards that originate in the U.K., easing tensions that had mounted last year as the e-commerce giant protested the card network’s fees around the world. Based on statements from Amazon […]


Mastercard and Visa pick new partnerships to drive biometric payments

June 15, 2021

Via: FinTech Futures

Mastercard has partnered with UK-based FinGo, the world’s first biometric identity authentication and payments platform, giving the fintech access to the white labelled Mastercard Payment Gateway Services (MPGS). The move will enable FinGo to grow its footprint for biometric payment […]

Activity, Capital and Risk, Investment Banking, Trading

Square Higher as Bank Begins Operations

March 2, 2021

Via: TheStreet

Square (SQ) – Get Report shares rose Tuesday as the company said that its industrial bank, Square Financial Services, has begun operations. The San Francisco company’s bank opening continues its diversification from strictly payment processing to broader financial services. Square […]

Capital and Risk, Channels, Credit

Google Expands Pay App With Bank Accounts and Debit Card

November 18, 2020

Via: TheStreet

Alphabet’s Google (GOOGL) – Get Report said it expanded its Google Pay app to enable users to open back accounts, pay friends and manage budgets. The updated application debuted Wednesday. Alphabet partnered with Citi (C) – Get Report and Stanford […]

Activity, Trading

Stocks making the biggest moves in the premarket: PepsiCo, Alibaba, AIG, Kraft Heinz & more

February 13, 2020


(PEP) – The beverage and snack giant, with quarterly earnings of $1.45 per share. Revenue also beat forecasts. Organic revenue growth was a better-than-expected 4.3%, and the company said it is projecting a 4% growth rate for organic revenue in […]

Capital and Risk, Liquidity

Credit Suisse cuts Amazon estimates a day before earnings report, citing one-day shipping costs

July 24, 2019


A day before Amazon’s second-quarter earnings release, Credit Suisse lowered its earnings estimate because of the e-commerce giant’s roll-out of one-day prime. The firm lowered Amazon’s full-year 2019 earnings per share estimate to $38.87 from the previous estimate of $41.14, […]


Alibaba enters Banking Circle for shapely payments

September 27, 2018

Via: Banking Technology

Anders la Cour, co-founder and CEO of Banking Circle, says: “Payment providers who join Banking Circle can offer ‘local’ cross-border payments, with low fees, good FX rates and fast transfer times. It’s a cohesive solution – there’s no differentiation between […]


PayPal and Google Pay deepen payments relationship

May 25, 2018

Via: Banking Technology

Bill Ready, COO and EVP, PayPal, says it already partners with Google for its shared users to pay via PayPal in-store, online and in-app with Google Pay and on Chrome mobile web. They are now extending that partnership to offer […]

Activity, Corporate Banking

Amazon looking to buy Capital One?

February 16, 2017

Via: Banking Technology

Capital One, which pioneered the mass marketing of credit cards in the 1990s, is among the top ten bank holding companies in the US ranked by assets and deposits. The bank has 800+ domestic branches, including around ten Capital One […]


Payoneer acquires Armor Payments to create global alternative to LCs

March 15, 2016

Via: Banking Technology

Armor Payments, co-founded by former PayPal Director, Scott Reynolds, is the “only licensed B2B payments provider offering Escrow-as-a-Service (EaaS)”. Through the acquisition, the new integrated Armor Payments Payoneer Escrow solution will allow B2B buyers and suppliers to engage in cross-border […]