News

Retail
eBay Adds 11 Million Buyers in 2020; Looks To Keep Momentum Post-Pandemic
February 04, 2021

eBay ended 2020 with a flourish, with Q4 and full-year results that came in ahead of expectations. The eCommerce stalwart saw its annual active buyers count up  7 percent to 185 million globally, and added two million buyers in the fourth quarter over Q3. That...

Retail
AutoNation Revamps Digital Car Shopping Experience
February 04, 2021

Automotive retailer AutoNation, Inc. revealed an improved experience for its integrated retailing product, AutoNation Express, which provides customers with an omnichannel auto shopping and buying experience, according to a Thursday (Feb. 4) announcement. Get the Full Story Complete the form to unlock this article and...

Retail
Waitwhile Lands $12 Million To Help Retailers Manage Wait Lines
February 04, 2021

Waitwhile has landed a $12 million investment from venture capital firm CRV as part of its Series A financing round. The queue management firm says it will apply the infusion toward growing into new markets, expanding the firm’s technical workforce and continuing to widen its...

Retail
Shiseido Sells Personal Care Business To CVC For $1.5 Billion
February 04, 2021

Shiseido is selling the personal care portion of its business for $1.5 billion to CVC Asia Pacific Limited, a company blog says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
PSD2’s SCA Rules Create Snags For Commercial Card Payments
February 04, 2021

The start of 2021 marked the start of Strong Customer Authentication (SCA) enforcement across Europe under the European Banking Authority’s PSD2 (revised Payment Services Directive) regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
The PGA Embraces A Hybrid Approach To B2B Trade
February 04, 2021

The business of trade shows has endured monumental disruption in the last year as B2B buyers and sellers, no longer allowed to congregate together, were forced to explore new ways of migrating their operations online. Get the Full Story Complete the form to unlock this...

B2B Payments
Evolving Payment Rails Make Headway Among Corporates
February 04, 2021

As the payment ecosystem evolves, the emergence of both upgraded payment infrastructure, as well as the launch of entirely new payment rails, has unlocked new value for corporate end users of these solutions. This week’s roundup of the latest in payment rail innovations finds progress...

International
China’s Internet Population Surges To Almost 1 Billion
February 04, 2021

A new report from the Chinese government shows that internet users in the country surged to 989 million amid the pandemic, an increase of 85.4 million since March 2020, and that 79.1 percent of China’s internet users have shopped online. Get the Full Story Complete...

Security & Fraud
3DS2 Helps Merchants Shift Chargeback Liability
February 04, 2021

For merchants who until 2020 were mostly conducting business in the physical world, online fraud wasn’t a top-of-mind concern. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...