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.

B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  
B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  
February 24, 2021  |  B2B Payments

Say the words “online platform,” and most people in the payments and commerce business will instantly rattle off a few marquee names: Amazon. Airbnb. Alibaba....

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Best Buy Tests Smaller, Digital-Friendly Store Format
Best Buy Tests Smaller, Digital-Friendly Store Format
February 23, 2021  |  Retail

Best Buy will be debuting new stores that will feature a smaller overall size as the company focuses more on eCommerce, Bloomberg reported. Get the...

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Klarna Seeks Additional $1 Billion In Funding At $31 Billion Valuation
Klarna Seeks Additional $1 Billion In Funding At $31 Billion Valuation
February 23, 2021  |  Payment Methods

Klarna is expected to announce new funding in the coming days that will value the company at $31 billion, Bloomberg reported. The amount is around...

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Chefclub Taps Into Social Content To Spark D2C Demand
Chefclub Taps Into Social Content To Spark D2C Demand
February 23, 2021  |  Retail

Chefclub, a food media company that made a name for itself with its highly shareable recipe videos, is parlaying its playful, quirky content brand into...

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RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
February 23, 2021  |  eCommerce

By the numbers, reCommerce has had a split decision in 2020. On one side, the pandemic has hurt companies like The RealReal that have included...

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NMI Expands Into Omnichannel Payments With USAePay Acquisition
NMI Expands Into Omnichannel Payments With USAePay Acquisition
February 23, 2021  |  Acquiring

Payments enablement firm NMI has acquired the payments solutions company USAePay to offer their joint customers more choices, NMI announced in a press release on...

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Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
February 23, 2021  |  Retail

Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...

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The Cross-Border Payments Opportunity Within Invoice Finance
The Cross-Border Payments Opportunity Within Invoice Finance
February 23, 2021  |  B2B Payments

Over the last several years, more businesses have migrated their sales models to online platforms like Amazon in pursuit of a broader, global customer base,...

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Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
February 23, 2021  |  Fraud Prevention

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