May 01, 2024
Consumers Demand Anti-Fraud Tools From eCommerce Merchants
As scammers and fraudsters become more sophisticated, shoppers are demanding more effective prevention tools from their eCommerce merchants. By the Numbers The PYMNTS Intelligence study “Fraud Management, False Declines and...
April 30, 2024
Pinterest: Consumers Will Adopt Social Commerce If It’s Easy
As consumers seek more frictionless eCommerce experiences, Pinterest is seeing user demand for shoppable features, as long as the purchasing journey is simple and intuitive. The social media company shared...
April 30, 2024
TikTok Shop Marks 500,000+ Merchants in the US
TikTok saw its U.S. eCommerce merchant base more than double at the end of 2023. The social media platform says TikTok Shop had more than 500,000 merchants selling to American users at the...
April 30, 2024
When Consumers Buy Electronics, Online Marketplaces Beat Physical Stores
Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the Numbers The new PYMNTS Intelligence...
April 30, 2024
Sam’s Club Says AI Exit Scans Are in 120 Stores
Sam’s Club said its artificial intelligence (AI)-powered exit scanners are now in 120 stores. The technology, first announced in January, eliminates the practice of having customers wait in line as...
April 30, 2024
Advanced Tech and Data-Sharing Key Allies in Combating Sophisticated Fraud...
From safeguarding online purchases to strengthening eCommerce ecosystems, strong customer authentication (SCA) helps confirm remote electronic transactions, reshaping the digital commerce landscape. While its mandatory implementation in Europe has effectively curbed fraud stemming from the...
April 30, 2024
ABA Seeks to Join FTC Lawsuit Against Amazon Over Antitrust...
The American Booksellers Association (ABA) has expressed its intention to join a lawsuit filed by the Federal Trade Commission (FTC) against the eCommerce giant Amazon. The lawsuit, which accuses Amazon...
April 30, 2024
Cleo Adds Order Automation Solution to Enhance B2B Buying Experience
Cleo has introduced an order automation solution designed to help suppliers offer an enhanced B2B buying experience to their customers. The new CIC ORCA (Order-to-Cash Automation) portal delivers an “eCommerce...
April 30, 2024
Why Securing Payments is a Big Deal for Small Businesses
There are nearly as many ways to pay and be paid as there are types of small businesses. But there’s one common thread connecting both Main Street businesses and the...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
The United Arab Emirates boasts a robust digital market, with 89% of retail shoppers leveraging digital tools in physical stores and the second highest ranking in customer satisfaction among the six countries studied. A new 31-page PYMNTS Intelligence report, “2024 Global Digital Shopping Index: UAE Edition,” commissioned by Visa Acceptance Solutions, examines the state of digital shopping in this country where merchants are challenged to keep pace with shopper’s digital needs.