Tagged: digital commerce

December 9, 2022 @ 3:58 pm By Omar Faridi  |  

MarketTime, the provider of order-writing, business intelligence and B2B eCommerce platforms in the industry, has announced its payments solution will be powered by Balance, the B2B payments experience company “offering the first online checkout built for businesses.” Balance claims it is “flipping the old, complacent… Read More

December 5, 2022 @ 10:37 pm By Omar Faridi  |  

Saudi British Bank (SABB) has announced a strategic partnership with Visa’s Cybersource payment gateway and risk platform, “with the aim of fostering the bank’s growth in an evolving and dynamic eCommerce space.” This partnership will “enhance the overall capabilities of SABB’s Payment Gateway and, most… Read More

November 24, 2022 @ 2:17 pm By Omar Faridi  |  

iwoca, one of Europe’s largest small business lenders, is announcing the integration of its B2B payment solution iwocaPay with ecommerce software WooCommerce. WooCommerce “holds 37% market share of ecommerce software platforms worldwide.” iwocaPay’s new extension will “provide tens of thousands of ecommerce businesses with the… Read More

November 19, 2022 @ 10:27 pm By Omar Faridi  |  

Checkout.com, the cloud-based payments service provider, unveils its expansion into Israel and a strengthening of its commitment to the region “with the launch of a research and development hub in Tel Aviv, Israel.” The launch of a new office in Israel is “a continuation of… Read More

November 16, 2022 @ 10:28 pm By Omar Faridi  |  

Opn, the one-stop payments solutions company from Japan and Southeast Asia, announced that it has acquired MerchantE, an end-to-end digital commerce platform that “provides payment processing and solutions to businesses of all sizes in the United States.” The acquisition will “accelerate Opn’s growth and innovation… Read More

November 13, 2022 @ 10:56 pm By Omar Faridi  |  

Originally coined in 2015 by Chris Messina, conversational commerce has become “an increasingly familiar term in the communications and eCommerce markets,” according to an update from Juniper Research. It refers to “the intersection of messaging apps and online retail.” Juniper Research defines conversational commerce as:… Read More

November 10, 2022 @ 4:15 pm By Omar Faridi  |  

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s data-driven fintech and e-commerce ecosystem, announced the establishment of a strategic cryptocurrency payment partnership with Canada-based CoinSmart Financial Inc, a Toronto-headquartered crypto asset trading platform. Under this paradigm-shifting collaboration, SmartPay by CoinSmart “provides transaction settlement services in… Read More

November 7, 2022 @ 9:32 am By Omar Faridi  |  

BlueSnap, the payment orchestration platform for B2B and B2C businesses, has expanded its partnership with eCommerce agency, objectsource in order “to support online sellers across Europe.” The paytech firm has teamed up with the London-based consultancy “to enhance its integration with popular shopping cart plug-in… Read More

November 2, 2022 @ 5:47 pm By Omar Faridi  |  

U.S. startup Karta.io, the financial OS for e-commerce teams, announced that it joined Visa’s Fintech Fast Track Program. Through the program, Karta.io will “have access to the tools and resources needed to scale its business using the reach, capabilities, and security that VisaNet, Visa’s global… Read More

October 26, 2022 @ 8:02 pm By Omar Faridi  |  

Spring by Citi, Citi’s (NYSE: C) digital payments service enabling eCommerce and B2B funds flows launched in the U.S. in 2020, has now been fully “integrated with Citi Present and Pay, Citi’s electronic bill presentment platform.” The combined solution “offers comprehensive digital payment acceptance and… Read More

October 24, 2022 @ 10:42 pm By Omar Faridi  |  

Kenzz, the “mass” e-commerce solution bringing reliable online shopping to the mass market in Egypt and MENA, recently announced that it has completed a $3.5 million seed fund raise. The investment round was “led by Outliers Venture Capital – a venture capital fund backing early-stage… Read More

October 18, 2022 @ 7:03 pm By Omar Faridi  |  

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will “enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.” Through this partnership, Wio Business, the… Read More

October 17, 2022 @ 9:47 pm By Omar Faridi  |  

Regional Insurtech Igloo, in partnership with e-commerce giant Shopee, introduced Home Content Insurance in Vietnam, the “first” comprehensive protection solution “for indoor assets, against unexpected events such as natural disasters and fire in the platform.” The Home Content Insurance is “underwritten by Bao Viet Insurance,… Read More

October 14, 2022 @ 6:25 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced the launch of Smart Claims, a new product offering designed “to help businesses manage chargebacks more effectively.” By connecting order and claims data across different payment systems into a single, consolidated view, Smart Claims “enables merchants to… Read More

October 13, 2022 @ 9:45 pm By Omar Faridi  |  

FlapKap, a tech-enabled revenue-based financing platform in the Mena region, “revolutionizing” e-commerce growth, announced the close of its $3.6 million Seed round. The investment round “included participation from Bolt by QED, Nclude, Outliers, and A15.” This latest capital injection “comes six months after the company’s… Read More

October 10, 2022 @ 10:11 pm By Omar Faridi  |  

Visa Inc. (NYSE:V), the leader in digital payments, shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously “targeting online and offline vulnerabilities as our daily lives return to a blend of in-person and e-commerce experiences.” Paul… Read More

October 3, 2022 @ 6:41 am By Omar Faridi  |  

Buy2Sell, an e-commerce platform in Asia, has announced a new strategic partnership with Mastercard (NYSE: MA). The announcement is “the result of a longstanding relationship where Buy2Sell will enable multiple payment types to a variety of delivery channels via a single connection through Mastercard Cross-Border Services.”… Read More

September 25, 2022 @ 2:51 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced the appointment of Eran Vanounou as chief technology officer (CTO) “to lead the company’s next stage of product development and innovation.” In this role, Eran will “oversee Forter’s data, precision and engineering teams.” Vanounou’s appointment further “deepens… Read More

September 24, 2022 @ 6:38 pm By Omar Faridi  |  

ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, announced its integration with Fondy, a one-stop payment platform, “to provide ecommerce companies with an efficient, easy-to-implement shop payment solution.” This solution will “allow companies to manage and control their money flow… Read More

September 21, 2022 @ 12:18 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) announces the licensing of two payment financial technology companies, including: Arab Sea Financial Company and Fatoraah in order to provide Payment services for e-commerce. This brings the total number of payment companies licensed by SAMA “to 21 companies, in addition… Read More