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.

Luxury Retailer Mytheresa’s Parent Company Files For IPO
Luxury Retailer Mytheresa’s Parent Company Files For IPO
December 29, 2020  |  IPO

MYT Netherlands Parent B.V., parent company of luxury online retailer Mytheresa, announced that it’s filed a registration statement with the SEC for an initial public...

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Mastercard’s Sadove Says The Resilient Consumer Saved Holiday 2020
Mastercard’s Sadove Says The Resilient Consumer Saved Holiday 2020
December 29, 2020  |  Retail

The verdict on the holiday shopping season has been delivered. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Geolocation Puts A Pin In Anti-Fraud Solutions
Geolocation Puts A Pin In Anti-Fraud Solutions
December 29, 2020  |  Security & Fraud

With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen...

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Virtual Account Numbers Facilitate International Digital Banking
Virtual Account Numbers Facilitate International Digital Banking
December 29, 2020  |  Banking

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. In an interview with PYMNTS, Lilia Metodieva, managing director...

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Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than First Half Of 2020
Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than...
December 29, 2020  |  International

In Los Angeles, a widespread glut of shipments has slowed down operations at the nation’s busiest container port complex, the Port of Los Angeles, according...

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Sage, Brightpearl Team Up To Boost Cloud-Based Retail
Sage, Brightpearl Team Up To Boost Cloud-Based Retail
December 28, 2020  |  B2B Payments

Sage, which works in cloud business management, is working with digital operations platform Brightpearl on helping retailers utilize the cloud for their operations, a press...

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Return Season Hits Hard; Some Retailers See Bright Side Of Customer Experience
Return Season Hits Hard; Some Retailers See Bright Side Of Customer Experience
December 28, 2020  |  Retail

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for...

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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter
Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh...
December 28, 2020  |  Retail

In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run...

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Five Takeaways From Mastercard’s Holiday Spend Data
Five Takeaways From Mastercard’s Holiday Spend Data
December 28, 2020  |  Retail

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat....

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