The Online Safety Bill and the Digital Competition Bill need more scrutiny right now to anticipate some problems and deal with them in due time, Martin Kretschmer and Philip Schlesinger from the University of Glasgow told PYMNTS about the new approach adopted by the U.K....
Trustly is launching a new product for online merchants that enables them to offer customers a flexible payment option at checkout with deferred settlement periods up to 30 days, according to a press release on Wednesday (Feb. 16). Get the Full Story Complete the form...
Online shopping rewards app ShopBack is hoping to fuel its expansion with a $150 million funding round that would value the startup at roughly $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Connected commerce platform Zbooni has brought its services to Egypt, where the company said it will provide digital commerce tools to the 33.5 million small- to medium-sized businesses (SMBs) in the North African nation, according to a Wednesday (Feb. 16) press release. Get the Full...
Manual processes in companies’ back-office operations have a lot of hidden costs, James Ritter, chief financial officer (CFO) at ABBYY, told PYMNTS. For example, if staff are working on processes that could be easily automated, they’re not focusing on things that would be of the...
Retailer WHSmith on Tuesday (Feb. 15) announced in a LinkedIn post that it has opened its first checkout-free store in LaGuardia Airport in New York. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Retail sales posted their biggest gain in 10 months in January, bouncing back 3.8% after a sharp — and revised lower — 2.5% decline in December, according to a Wednesday (Feb. 16) press release from the U.S. Department of Commerce. Get the Full Story Complete...
Nine months after Nordstrom, 15 months behind Neiman Marcus, and half a decade behind the U.S. debut of TikTok, and Saks — the self-titled “premier luxury eCommerce platform” — has finally arrived at the hippest party in town, at least as far as social commerce...
While many merchants across the U.S. and around the world were disappointed with the results of the unofficial kickoff weekend to the 2021 holiday shopping season, Shopify’s platform topped $6.3 billion in sales from the start of Black Friday in New Zealand through the end...
