Payment Picks: A Week of Developments in the World of Payment and Ecommerce Platforms
Friday,05/09/2014|18:40GMTby
Adil Siddiqui
This past week saw advances in the Ecommerce and payment space across multiple platforms, a key merger between a provider that extends its foothold in the middle eastern region, coupled with enhancements on AliPay.
A number of developments in the Payments space have taken shape as technology directs the future of the sector. SmartTrade recently announced an update to its Order Management System (OMS). The new update will give clients the ability to optimize their trading flow to handle orders more efficiently across multiple desks.
Payment gateway provider, Telr, merged with Innovative Payments. The Merger will help both firms extend their hold in the Middle East and North African (MENA) markets. Both markets are seeing fast growth in online payment adoption.
In India, megapopular eCommerce marketplace platform FliPkart shut the lights on its online payment gateway PayZippy. PayZippy was unveiled in December 2013 and failed to perform as FlipKart had intended.
Chinese technology and eCommerce giant, Alibaba, unveiled it will begin supporting biometric fingerprint scanners on smartphones to help authorize payments through its payment platform, AliPay. Alibaba partnered with smartphone manufacturer Huawei, similar to PayPal’s partnership with Samsung with the release of the Galaxy S5.
SmartTrade Updates Its Order Management System
Multi-national financial software development firm, SmartTrade, this week announced a new update for its Order Management System (OMS), including increased adoption in Europe, the Americas and Asia-Pacific.
SmartTrade’s OMS provide clients with the ability to optimize their trading flow to handle client orders more efficiently across multiple desks, internalize client flows and improve proprietary hedging strategies. SmartTrade’s OMS can be utilized by all desks in the trading chain, making sure all team members can service their client’s orders quickly, efficiently and from any place in the world.
Telr Merges with Innovate Payments to Take on MENA Region
Multi-lingual and multi-currency SME payment gateway, Telr, announced it will be merging its operations with Innovative Payments to increase its presence in the MENA region.
The main premise behind the merger is to let Telr revolutionize payment placement in the Middle East, North Africa and Southeast Asia.
Telr also announced its future plans, consequential to the merger. The payment firm plans to boost its credentials significantly as a result of merging with Innovative Payments. Telr also plans to strengthen its offerings for both online and mobile payments via its three pillar payment gateways, unified logistics and payment APIs alongside cash management solutions.
In an interesting move, Indian eCommerce firm, FlipKart, has decided to close down its payment gateway service PayZippy.
The move is as a result of poor performance which didn't meet FlipKart’s expectations. The payment solution was first unveiled to merchants in July 2013 as Flipkart Payment Gateway Services (FPGS) Pvt Ltd. In December it was re-launched and re-branded as PayZippy to distance itself from the FlipKart moniker on other merchants’ websites.
Alibaba Goes Biometric with Fingerprint ID Support for AliPay
While Chinese Ecommerce giant Alibaba prepares for what some believe to be the biggest IPO in history, the company is not slowing down on innovations.
The newest innovation from Jack Ma’s Alibaba links to its highly successful Ewallet AliPay. Following the path made available by firms such as PayPal, AliPay will now incorporate biometric fingerprint scanner support to verify a specific customer rather than entering a password.
Similarly to the way PayPal partnered with Samsung for biometric support for the Galaxy S5, AliPay partnered with local Chinese smartphone manufacturer Huawei. Huawei’s new Mate 7 smartphone, like many other newly-released models, incorporates a fingerprint ID scanner for security purposes. The phone is slated for launch this week.
A number of developments in the Payments space have taken shape as technology directs the future of the sector. SmartTrade recently announced an update to its Order Management System (OMS). The new update will give clients the ability to optimize their trading flow to handle orders more efficiently across multiple desks.
Payment gateway provider, Telr, merged with Innovative Payments. The Merger will help both firms extend their hold in the Middle East and North African (MENA) markets. Both markets are seeing fast growth in online payment adoption.
In India, megapopular eCommerce marketplace platform FliPkart shut the lights on its online payment gateway PayZippy. PayZippy was unveiled in December 2013 and failed to perform as FlipKart had intended.
Chinese technology and eCommerce giant, Alibaba, unveiled it will begin supporting biometric fingerprint scanners on smartphones to help authorize payments through its payment platform, AliPay. Alibaba partnered with smartphone manufacturer Huawei, similar to PayPal’s partnership with Samsung with the release of the Galaxy S5.
SmartTrade Updates Its Order Management System
Multi-national financial software development firm, SmartTrade, this week announced a new update for its Order Management System (OMS), including increased adoption in Europe, the Americas and Asia-Pacific.
SmartTrade’s OMS provide clients with the ability to optimize their trading flow to handle client orders more efficiently across multiple desks, internalize client flows and improve proprietary hedging strategies. SmartTrade’s OMS can be utilized by all desks in the trading chain, making sure all team members can service their client’s orders quickly, efficiently and from any place in the world.
Telr Merges with Innovate Payments to Take on MENA Region
Multi-lingual and multi-currency SME payment gateway, Telr, announced it will be merging its operations with Innovative Payments to increase its presence in the MENA region.
The main premise behind the merger is to let Telr revolutionize payment placement in the Middle East, North Africa and Southeast Asia.
Telr also announced its future plans, consequential to the merger. The payment firm plans to boost its credentials significantly as a result of merging with Innovative Payments. Telr also plans to strengthen its offerings for both online and mobile payments via its three pillar payment gateways, unified logistics and payment APIs alongside cash management solutions.
In an interesting move, Indian eCommerce firm, FlipKart, has decided to close down its payment gateway service PayZippy.
The move is as a result of poor performance which didn't meet FlipKart’s expectations. The payment solution was first unveiled to merchants in July 2013 as Flipkart Payment Gateway Services (FPGS) Pvt Ltd. In December it was re-launched and re-branded as PayZippy to distance itself from the FlipKart moniker on other merchants’ websites.
Alibaba Goes Biometric with Fingerprint ID Support for AliPay
While Chinese Ecommerce giant Alibaba prepares for what some believe to be the biggest IPO in history, the company is not slowing down on innovations.
The newest innovation from Jack Ma’s Alibaba links to its highly successful Ewallet AliPay. Following the path made available by firms such as PayPal, AliPay will now incorporate biometric fingerprint scanner support to verify a specific customer rather than entering a password.
Similarly to the way PayPal partnered with Samsung for biometric support for the Galaxy S5, AliPay partnered with local Chinese smartphone manufacturer Huawei. Huawei’s new Mate 7 smartphone, like many other newly-released models, incorporates a fingerprint ID scanner for security purposes. The phone is slated for launch this week.
Prediction Markets Hit Record $702 Million Daily Volume Amid Regulatory Pressure
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
