Adyen And The Changing Face Of Cross-Border Payment Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...
Apple took the unusual move Tuesday (Nov. 16) of shutting down all of its online sales in Russia due to what Apple said were “extreme” ruble fluctuations, Bloomberg reported. Those fluctuations cost the ruble as much as 19 percent of its value Tuesday. “Our online...
Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. “Adyen is at the forefront of a rapidly globalizing...
Swedish bank ICA will issue MasterCard contactless payment cards to more than 500,000 customers in the first contactless rollout in Sweden, the bank announced on Tuesday (Dec. 9). The bank is owned by Sweden’s largest grocery retailer, the 2,300-store ICA chain, which said it already...
The car service competition for business clientele in France is heating up after SnapCar, one of Uber’s rivals, secured a $2.5 million investment, TechCrunch reported. SnapCar has more than 200 corporate clients, and the service is now is backed by investors like Charles Petruccelli, former global...
Almost one-quarter of U.K. consumers would be “likely” to use an online payment provider like PayPal and WePay for retail banking services within two years, according to a survey of 2,000 U.K. adults by YouGov and legal website Out-Law.com. That’s higher than the 19 percent...
Russia’s National System Of Payment Cards (NSPC) will materialize and start accepting payments in mid-December, according to a report Monday (Dec. 8) in a prominent Russian business newspaper, the Vedomosti. Sputniknews reported that eight Russian banks, all of which sanctioned by the U.S., United Nations...
U.K. online shoppers have returned almost a third of the things they bought on Black Friday and Cyber Monday, according to parcel-return service CollectPlus. Fortunately, that 31 percent return rate should represent the peak of buyer’s remorse in the U.K. this holiday season — except...
Mobile payments platform Braintree is now rolling out its One Touch payment service outside the U.S., adding Australia, Canada, France, Germany, Italy, the Netherlands, Spain, Sweden and the U.K., Mobile Payments Insider reported. Braintree, which is owned by eBay, launched its single-touch payment system on...