E-Commerce

The fraud-fighting tools of the future for e-commerce retailers include artificial intelligence, multimerchant velocity checks, and fingerprint identification, according to a poll of 166 merchants for the Federal Reserve Bank of Minneapolis. None of those newer tools is in widespread use today, but more merchants plan to use them going …

Dutch payments processor Adyen N.V. is in the limelight just as the payments business has gotten hot. Ant Financial just raised the biggest private funding round ever—$14 billion at a $150 billion valuation, in part on the back of its Alipay unit. These are new and nontraditional entrants. The old …

By 2020, nearly 33% of merchants say the mobile channel will account for at least half of their total revenue. This, and other mobile-payments insights, come from the Kount Inc. 2018 Mobile Payments & Fraud Survey released Thursday. Now in its sixth year, the survey of almost 600 merchants found …

JetPay Corp. said Personify Inc., a technology provider for non-profits, has integrated JetPay’s payment-processing platform into its Personify360 system for managing memberships and business functions. In its first-ever fee change, online marketplace Etsy Inc. said it will increase its transaction fee to 5% on July 16 from the current 3.5%. …

Experts have been saying that the payments business is hot, but few suspected it was this hot. The 12-year-old Dutch processor Adyen N.V. gained more ground Thursday on the Euronext Amsterdam exchange before closing the day at 438 euros, or $510, down 3.7%. That’s after finishing on Wednesday, its first …

Payment processor First Data Corp.’s Star debit network is poised to aggressively challenge Visa Inc. and Mastercard Inc. for a share of the signature-debit market that the global networks have dominated since signature debit became a payment option more than 20 years ago. Star gained a potentially big foothold in …

Worldpay Inc. is adding another tool for financial institutions in their efforts to curtail the pricey and nuisance-laden aftereffects of rampant data breaches. The company’s solution comes in the form of credit and debit cards that use a dynamic card-verification value. Cincinnati-based Worldpay is testing the Motion Code-enabled credit and …

Discogs, a Web site and app that’s on a mission to build a comprehensive music database and marketplace, launched Discogs Payments this week for its U.S. online buyers and sellers of vinyl records and CDs. The integrated checkout, backed by Adyen, a Netherlands-based processor, is in addition to a system …

Installment-payment specialist Splitit said retailers using the Salesforce Commerce Cloud can now offer the Splitit payment option via an integration into the Salesforce platform. Announced Wednesday, the integration enables merchants to offer an installment-payment option. Upon checkout, the consumer taps the Splitit button at participating Web sites. She is presented …

Canadian debit card network Interac Corp. says it will soon offer its cardholders the ability to make cross-border purchases through a partnership with Ingenico Group’s Bambora payment-services subsidiary. The move is significant because it will create a stronger e-commerce presence for the Interac Debit service in international markets, giving Canadians …