(source: en.wikipedia.org)
Dig into the psychology of trust and we find that in human relationships it’s often extended based on gut feelings and other intangibles. That doesn’t cut it in a remote digital world, so where fallible instincts end, artificial intelligence (AI) and rich data begin their...
India’s Flipkart is out to raise at least $1 billion as it looks at launching an initial public offering (IPO) of stock in the U.S. Sources told the Economic Times of India that the round of funding for Flipkart, which is majority owned by Walmart,...
TikTok has begun working with merchants in Europe to test in-app sales, a move that will likely heighten its rivalry with Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
ByteDance, which brought TikTok to the world, is adding thousands of employees as part of a plan to challenge Alibaba in eCommerce, Bloomberg reported. Among the new employees are hundreds who are tasked with identifying potential counterfeits before they reach customers. The company has also...
Kount, an Equifax company, revealed its Kount Dispute and Chargeback Management Solution, which links major card brand dispute and alert platforms with artificial intelligence (AI)-fueled fraud prevention. The offering stops chargebacks and sales losses from happening through a solution and dashboard, according to an announcement....
Another wild week in payments and commerce — perhaps one a bit wilder than usual as the week kicked off with a commerce holiday dedicated entirely to buying Star Wars merchandise and will conclude with cryptocurrency Doge Coin’s value potentially going “to the moon” this...
The digital shift that occurred during the early days of the pandemic due to many consumers employing digital channels to complete routine shopping tasks brought a new focus on consumers’ perception of retailers and their trustworthiness. Retailers were not only judged by consumers on the...
Twitter is rolling out Tip Jar, a new feature to allow tipping for various tweets, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A warehouse space shortage fueled by the rise in eCommerce is disrupting the economy in Toronto, Canada’s largest city, and threatening to eat up all of the available storage space in the country, Bloomberg reported Wednesday (May 5) Get the Full Story Complete the form...