Ecommerce Payments news and trends

Trustly Inc. CEO Says Pay by Bank Is the Next-Gen ACH
Payments Innovation // June 13, 2024

It’s said that imitation is the sincerest form of flattery. If that’s the case, payments industry veteran and Trustly Inc. CEO Alex Gonthier should feel quite validated these days. While he is currently in charge of one of the leading proponents of open banking and...

Nexi Picks Mastercard for European Open Banking Partnership
Partnerships // March 11, 2024

Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across Europe,” the companies said in a Monday (March 11) press release. “Together, Mastercard and Nexi will build an integrated digital...

Stripe Valued at $65 Billion After Share Sale Deal
Business // February 28, 2024

Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. The deal will see Stripe and some of its investors purchase more than $1 billion in stock from current and former employees, Bloomberg News reported Wednesday (Feb. 27), citing sources familiar with the matter....

Quick Reads
Nexi Picks Mastercard for European Open Banking Partnership

March 11, 2024
Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across Europe,” the companies said in a Monday (March 11) press release. “Together, Mastercard and Nexi will build an integrated digital payment ecosystem by advancing Mastercard Open Banking-powered solutions that offer […]

Stripe Valued at $65 Billion After Share Sale Deal

February 28, 2024
Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. The deal will see Stripe and some of its investors purchase more than $1 billion in stock from current...