ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits

Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits
Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits
November 06, 2019  |  Earnings

Fiserv reported results for the third quarter that, in the wake of its acquisition of First Data, showed progress on realizing revenue synergies and growth...

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China Tells eCommerce Companies To Stop Acting Like Monopolies
China Tells eCommerce Companies To Stop Acting Like Monopolies
November 06, 2019  |  ANTITRUST

Regulators in China have told eCommerce companies like Alibaba and JD.com to stop a monopolistic practice that makes merchants sign exclusive agreements, preventing them from...

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JPMC Opens eWallet So Tech Firms Can Offer Virtual Bank Accounts
JPMC Opens eWallet So Tech Firms Can Offer Virtual Bank Accounts
November 06, 2019  |  Banking

JPMorgan Chase developed an eWallet product for tech companies like Airbnb, Lyft and Amazon designed to help them provide customers with virtual bank accounts, Bloomberg...

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Walmart Rolls Out Paid Membership Program For Unlimited Delivery
Walmart Rolls Out Paid Membership Program For Unlimited Delivery
November 05, 2019  |  Walmart

Walmart has introduced a new program called Delivery Unlimited in 1,400 of its stores. Customers who want to order groceries from Walmart without having to...

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Jamaican Shoppers Can Now Pay For Amazon Orders At Western Union
Jamaican Shoppers Can Now Pay For Amazon Orders At Western Union
November 05, 2019  |  eCommerce

Amazon shoppers in Jamaica can now pay for their items in local currency at Western Union locations across the country, according to a release on...

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FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
November 05, 2019  |  Earnings

Roughly three months after closing its $43 billion deal for payments processor Worldpay, Fidelity National Information Services (FIS) reported third-quarter results that showed some initial impacts...

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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships
‘reCommerce’ Marketplaces Eye Sustainability, Partnerships
November 05, 2019  |  Retail

Luxury fashion resale platforms are gaining traction as they focus on sustainability and partnerships, with The RealReal’s third-quarter earnings serving as the latest example of growth...

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