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.
Exclusive: The5ers Founders Enter Brokerage Business with CySEC-Licensed “TSG.”
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
