In Latin America, cash remains king. That’s true for many markets in the region, and Mexico stands out as a prime example. Roughly 85% of transactions are done in cash, and the country is five to 10 years behind other countries when it comes to...
Digital-first fashion retailer FWRD has debuted a pop-up store powered by checkout tech company Bolt. The Los Angeles-based store, announced in a news release Friday (June 9), will let customers check out items using a QR code, thanks to Bolt’s Checkout Links. First introduced last year, this tool for...
PayMate is expanding to chase what it says is a $68 trillion B2B payments market. The business-to-business (B2B) payments and services provider — which already has operations in India and the United Arab Emirates — announced Friday (June 9) that it had extended its footprint to...
Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. The company announced Friday (June 9) that it had received a court order in a marketing practices and disclosure case filed against it by the Federal Trade Commission (FTC). The order, the company...
Water should be free — so why do we pay to drink it? That’s the question that’s being asked by Austin-based startup FreeWater as it pushes to make not only water but other products free across the globe. To generate revenue, FreeWater uses a strategy...
Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume, Seeking Alpha reported Friday (June 9). The company’s shares have risen more than 40% over the past month and 30% since the...
Powered by technology like generative artificial intelligence (AI), behavioral-driven fraud is enjoying a modern renaissance. Whether through business email compromise (BEC) attacks or account takeover (ATO) scams, the strategies bad actors use to probe human-level vulnerabilities have evolved from easy-to-spot phishing attempts into highly sophisticated...
Brands and retailers want to boost consumer engagement and loyalty and are willing to go into other mediums, even if there isn’t any publicized data on its conversion results. The latest retailer to make that gamble is J.Crew. In celebration of J. Crew’s 40th anniversary,...
After a stellar run through the pandemic, eCommerce was humbled as consumers flocked back to physical stores in 2022 and 2023. The wheel is turning again, as new data shows the appetite for eCommerce is back on a strong growth trajectory, and retailers need to...
