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.

API-Based Microservices Use Speed, Access and Ease to Cut in Front of Legacy Checkout Tech
API-Based Microservices Use Speed, Access and Ease to Cut in Front of Legacy Checkout Tech
July 27, 2022  |  API

Legacy tech has gotten a drubbing throughout the pandemic — and rightly so, many would argue, as merchants and their payments partners seek to create...

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Social Commerce Evolution’s in Motion at Instagram
Social Commerce Evolution’s in Motion at Instagram
July 26, 2022  |  Social Commerce

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Shopify Cutting 10% of Global Workforce
Shopify Cutting 10% of Global Workforce
July 26, 2022  |  eCommerce

Canadian eCommerce company Shopify is slashing 10% of its global workforce or roughly 1,000 people, The Wall Street Journal reported on Tuesday (July 26) citing...

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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...

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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...

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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...

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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...

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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...

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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....

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