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
LTK Adds New, Longer-Format Videos to Commerce Platform for Creators
LTK now offers new, longer-format videos on its commerce platform for creators. The company has also added a new Products Tab and Link Optimization technology, LTK said in a Tuesday...
April 30, 2024
PayPal Sees Jump in Transactions Per Account as Fastlane Checkout...
PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14%...
April 30, 2024
Middle Market Emerges as Underserved Opportunity for Financial Services
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of...
April 29, 2024
Apple’s App Store and iPhone Challenges Create Services and Ecosystem...
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand...
April 29, 2024
Digital Wallets Provide Local Touch to Connected Travel Experiences
Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from nine countries and regions. Among...
April 29, 2024
Apple Gets Six Months to Bring iPad Under EU Law
European regulators are giving Apple six months to bring its iPad up to code. The European Commission said in a Monday (April 29) news release that it designated Apple as a...
April 29, 2024
How Fortune 500 CFOs Are Turning Cross-Border Compliance Into a...
Nothing dulls the enterprise risk appetite like uncertainty. And for today’s businesses, the focus remains on navigating the threats of recession, cybersecurity risks and pressure to demonstrate sustainable profitability. But...
