Mobile eCommerce platform Wish says it has launched an in-house Logistics-as-a-Service (LaaS) product. WishPost Smart Parcel is designed to offer a “seamless and efficient shipping solution to non-Wish merchants,” the company said in a news release Wednesday (Nov. 15). The program leverages Wish’s logistics network across first-mile, international line...
The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International to pay a $15 million penalty, banned it from offering certain consumer loans and required it to tie executive compensation to its compliance with federal consumer financial protection laws. The penalty comes after...
Borrowing from your neighbor can be more than just a casual exchange of items. It can also be a gateway to discovering and experiencing new brands. This practice not only fosters a sense of community but also presents an opportunity for individuals to explore...
B2B transactions play an undeniably crucial in role in shaping the global economy. And increasingly, technical innovations play an undeniably crucial role in shaping B2B payments. “What makes B2B payments such a great market is the presence of true white space, which is rare in...
Change comes slowly first, and then all at once, as the adage goes. And that’s certainly true for the ongoing and remarkable advancements in the business-to-business (B2B) payments space. “There has been so much innovation … we’ve seen a proliferation of so many different payment...
The realm of payments authentication is undergoing a shift. In today’s digital era, where convenience meets security and organizations and individuals alike no longer need to make a trade-off between the two, legacy methods of authentication are increasingly giving way to a more intuitive, seamless...
“Trust, in the digital age,” Doriel Abrahams, head of risk in the U.S. at Forter, told PYMNTS, “is a lot different than it used to be.” Gone are the days where commerce was done in person, where someone behind the counter knew you and your...
Walgreens is taking a new approach to online delivery by utilizing its network of physical stores. The pharmacy giant recently closed a warehouse dedicated to eCommerce orders, signaling its commitment to using its 8,700 stores as both retail outlets and fulfillment centers, The Wall Street Journal...
When it comes to online grocery, PYMNTS Intelligence indicates, millennials lead the way. By the Numbers The PYMNTS Intelligence study “How the World Does Digital: Daily Digital Engagement Hits New Heights” drew from a survey of more than 17,500 consumers in 11 markets that account...