Marketplaces news and trends

J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
Travel Payments // March 25, 2024

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the corporate treasurer — especially for platform companies operating across borders — has evolved to include...

Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces
Payments Innovation // March 15, 2024

Logistics and wholesale trade businesses exhibit robust demand for embedded finance innovations. For example, most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are very or extremely interested in digital wallet innovations. Many players in this sector prioritize operational improvements, such as faster transaction...

Price Is Top of Mind When Consumers Shop on eCommerce Marketplaces
eCommerce // March 11, 2024

When online shoppers decide to make purchases from eCommerce marketplaces rather than directly from brands or retailers, PYMNTS Intelligence research reveals, affordability is their top priority. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,”...

Digital Wallets Top Innovation Agenda for Media and Telecom Platforms
Payments Innovation // March 04, 2024

Businesses in the media and telecom space display strong appetites for a range of embedded finance innovations, from digital wallets to installment plans to business credit cards. Most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces in this segment indicate robust demand for embedded...

Interviews & Exclusives
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals

March 25, 2024
Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the corporate treasurer — especially for platform companies operating across borders — has evolved to include active risk management. “Treasurers need to be able to act […]

Nivoda Wants to Be the ‘Amazon’ of the Global Jewelry Market

February 22, 2024
In a market as highly fragmented as the global jewelry industry, sourcing precious stones can be an extremely difficult undertaking for retail buyers. Jewelers typically need to contact various sellers,...

Walmart eCommerce Sales Gain on Pickup and Delivery, Marketplace Sellers Up 20%

February 20, 2024
Walmart’s latest results show continued momentum in digital commerce and the buildout of its online marketplace. The company said on Tuesday (Feb. 20) that overall eCommerce sales surged 23% in...

Retailers Hope AR and GenAI Energize Consumers and Get Them to Buy

February 09, 2024
The commerce landscape is experiencing unprecedented growth, driven by the rapid expansion of digital marketplaces and eCommerce platforms.  This surge comes as little surprise, as consumers are increasingly embracing the convenience of...

Quick Reads
Cart.com Acquires Amify to Expand Amazon Marketplace Offerings

April 02, 2024
Unified commerce firm Cart.com has acquired Amify to expand its Amazon Marketplace services offering. Amify, which made a name for itself as the first “Amazon-as-a-service” company, provides merchants with Amazon optimization and advertising solutions. According to a Tuesday (April 2) news release, the acquisition will help meet rising demand from Cart.com’s roster of brands that need omnichannel software, services and logistics. “Amify enables […]

Prizeout Launches Cash-Back Products for Credit Unions

February 21, 2024
Prizeout has introduced a new white-label solution that enables credit unions to offer their members a suite of cash-back products. The new CashBack+ helps credit unions boost their non-interest income...

NMI Debuts Embedded Payments Offering

February 15, 2024
Payments technology company NMI has debuted a new embedded payments solution. NMI Payments, announced Thursday (Feb. 15), is designed for software companies, independent sales organizations (ISOs) and payment professionals, the company said in a...

Mangopay and Storfund Team to Eliminate Payment Wait Times

January 16, 2024
French payment infrastructure provider Mangopay has teamed with Storfund to help sellers get paid faster. The company announced its collaboration with the British FinTech in a news release Tuesday (Jan. 16), saying it would...