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.

Today in B2B Payments: Digital Lockboxes Transform B2B Invoicing; Ripple Targets Treasury Management
Today in B2B Payments: Digital Lockboxes Transform B2B Invoicing; Ripple Targets Treasury Management
July 26, 2022  |  B2B Payments

Today in B2B payments, CFOs are looking to harness the real power of blockchain, while Balance raises $56 million for online global trade with B2B...

READ MORE >
Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles
Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles
July 26, 2022  |  eCommerce

Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on...

READ MORE >
Balance Raises $56M for Online Global Trade With B2B eCommerce Checkout
Balance Raises $56M for Online Global Trade With B2B eCommerce Checkout
July 26, 2022  |  Investments

B2B marketplace and eCommerce payments platform Balance announced a $56 million Series B fundraising round Tuesday (July 26), bringing the company’s total funding to $87...

READ MORE >
Digital River Taps Board Member Vic Pacor as New CEO
Digital River Taps Board Member Vic Pacor as New CEO
July 26, 2022  |  Personnel

Global commerce enabler Digital River tapped board member Vic Pacor to immediately take over as the company’s chief executive officer, succeeding Adam Coyle, who assumed the CEO role...

READ MORE >
Albertsons Turns up ‘Sticky’ Digital Engagement Efforts as Shoppers Seek Deals on Groceries
Albertsons Turns up ‘Sticky’ Digital Engagement Efforts as Shoppers Seek Deals on Groceries
July 26, 2022  |  Earnings

In the face of rising food costs, grocers are challenged to find ways to assuage customers’ anxieties without overly narrowing their already razor-thin margins. To...

READ MORE >
As Walmart Warns, Consumers See Nearly 2 Years of Inflation Pain Ahead
As Walmart Warns, Consumers See Nearly 2 Years of Inflation Pain Ahead
July 26, 2022  |  Retail

Walmart’s profit warning on Monday (July 25) sent shockwaves through already jittery markets, in effect confirming new PYMNTS research showing that over half of U.S....

READ MORE >
Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
July 26, 2022  |  Retail

In a bid to offset the increased cost of goods and shipping services, Amazon said it plans to raise the annual fee for a Prime...

READ MORE >
Walmart’s Super App, Cashi, Marries Digital Payments and Cash in Mexico
Walmart’s Super App, Cashi, Marries Digital Payments and Cash in Mexico
July 26, 2022  |  Digital Payments

Cash is king, as the saying goes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

READ MORE >
Today in the Connected Economy: Uber Helps Moove Expand Into India
Today in the Connected Economy: Uber Helps Moove Expand Into India
July 25, 2022  |  Connected Economy

Today in the connected economy, Africa-based mobility FinTech Moove joins forces with Uber to help Moove expand into India. Plus, credit card FinTech Cardless inks...

READ MORE >