Online Commerce news and trends

Google Plans to Add Conversational AI to Search Within Weeks
artificial intelligence // February 06, 2023

Google will soon roll out an experimental conversational artificial intelligence (AI) service called Bard. The service was opened up to trusted testers Monday (Feb. 6) and is to be made more widely available to the public within weeks, Google and Alphabet CEO Sundar Pichai said...

B2B Wholesale Considers The Alternative To The Mega-Marketplace
B2B Payments // April 21, 2021

With B2B commerce rapidly migrating online, major marketplaces like Amazon have lowered the barriers for both business buyers and suppliers to embrace digital strategies. This market evolution, in some ways, has democratized eCommerce. Even the smallest of vendors can now reach a global customer community...

Can Google Fight Off Amazon And Facebook In Online Ad Race?
Internet of Things // May 01, 2019

Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. What’s happening now could signal bigger changes to come in the next few months or even years –...

INVEX Links With Ondot On Instant Digital Credit Card In Mexico
Digital Payments // October 22, 2018

The INVEX credit card business said on Monday (Oct. 22) that it has linked with Ondot, which focuses on mobile payments, to deliver what is being billed as the first instant digital credit card in Mexico. The companies said in a release that the partnership...

Interviews & Exclusives
Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants

March 21, 2024
Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still stubbornly in place, and for a reason. Paguandas also outlined some key principles guiding the authentication of payments and commerce. “Authentication is the moment of […]

Merchants And Tokenization’s Sea Change

August 31, 2018
Merchants must manage billions of tokens – easier said than done. Nitin Prabhu, PayPal’s senior director of issuance, tokenization and loyalty platform, offers a hint of history, provides perspective on concept...

Quick Reads
Google Plans to Add Conversational AI to Search Within Weeks

February 06, 2023
Google will soon roll out an experimental conversational artificial intelligence (AI) service called Bard. The service was opened up to trusted testers Monday (Feb. 6) and is to be made more widely available to the public within weeks, Google and Alphabet CEO Sundar Pichai said in a Monday blog post. “Bard seeks to combine the […]

J.C. Penney Succumbs, Closing Up To 140 Stores

February 27, 2017
J.C. Penney Company announced Friday (Feb. 24) that it’s gearing up to close 130 to 140 of its 1,000 stores over the next few months and will close two distribution...

Koubei Raises $1.1B In First Round With Outside Investors

January 25, 2017
Koubei, an affiliate of Alibaba that enables local commerce, raised $1.1 billion in a round of financing in January. According to Alibaba, which announced the fundraising in conjunction with reporting earnings, Koubei...

Visa Checkout Beefs Up Presence In Travel, Hospitality And Dining

May 18, 2016
It would appear that old Visa slogan — “It’s everywhere you want to be” — is still alive in spirit, particularly as it pertains to the company’s online payments service....