Search Results for: e-commerce

April 20, 2025 @ 10:53 pm By Tony Zerucha  |  

AI is not only powering online shopping; it’s also making it easier than ever for Americans to buy counterfeits. According to The Counterfeit Buyer Teardown, a study of US counterfeit e-commerce, 28% of consumers who bought knock-off products online say they used AI tools to… Read More

April 5, 2025 @ 1:55 pm By Tony Zerucha  |  

The fifteenth edition of its annual LexisNexis True Cost of Fraud Study: E-commerce and Retail Report – US and Canada Edition reveals merchants pay nearly $5 in costs for every $1 they are defrauded. The report, based on a survey of 569 fraud and risk executives,… Read More

March 20, 2025 @ 8:58 am By Tony Zerucha  |  

According to a new report from fraud prevention platform Ravelin, e-commerce merchants are bracing themselves for a significant rise in AI-powered fraud over the next 12 months. The majority (91%) of retailers, travel companies, digital goods providers, and marketplaces are worried about criminals turning to… Read More

March 9, 2025 @ 7:31 pm By Michael Wong  |  

E-commerce technology startup Platter has raised $1.6 million in a pre-seed funding round to support its mission of helping online brands operate more profitably. The round was led by Animal Capital, with participation from Visionary Ventures and several e-commerce veterans, including Ben Jabbawy, Kyle Hency,… Read More

January 18, 2025 @ 4:56 pm By Tony Zerucha  |  

This week, KCB Bank Kenya and UnionPay International partnered to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact on digital platforms. This collaboration is aimed at enriching the online shopping experience for consumers and merchants across Kenya. “We are delighted to join hands with UnionPay… Read More

December 24, 2024 @ 5:21 am By Omar Faridi  |  

Nordic fintech Two collaborates with Dutch banking platform ABN AMRO to enhance B2B e-commerce payments. Two, a European enabler of B2B payments technology today announces a strategic collaboration with ABN AMRO (abnamro.com), a leading financial institution in the Netherlands. Together, they are reportedly launching a… Read More

December 10, 2024 @ 10:11 pm By Omar Faridi  |  

As consumers took advantage of Black Friday and Cyber Monday deals, analysis from TransUnion (NYSE: TRU) found that 4.6% of attempted ecommerce transactions globally were suspected to be Digital Fraud from this Thanksgiving to Cyber Monday. Based on insights from TransUnion’s intelligence network, TransUnion found… Read More

October 8, 2024 @ 8:38 am By Omar Faridi  |  

The payments landscape has evolved considerably in the past decade, according to an update from Juniper Research. Juniper Research noted in a report that many payment methods rising to some of the most used solutions across retail, digital commerce, B2B, as well as P2P scenarios…. Read More

September 22, 2024 @ 8:36 am By Omar Faridi  |  

E-commerce enablement investments have reportedly increased QoQ, producing $1.9 billion across 101 different deals, improvements of 2.4% as well as 9.8%, respectively. This, according to the latest research report from PitchBook. However, PitchBook pointed out in its latest report that YoY contractions “were sharper, with… Read More

September 7, 2024 @ 11:35 am By Michael Wong  |  

Jingdong Technology Holding Co. Ltd., the fintech arm of Chinese e-commerce giant JD.com, is poised to acquire Home Credit Consumer Finance Co. Ltd., China’s first wholly foreign-owned consumer finance firm, according to sources cited by Caixin. The acquisition, which awaits approval from the National Financial… Read More

July 27, 2024 @ 9:43 am By Tony Zerucha  |  

NordPass’s head of product research and development, Sorin Manole, said Mastercard’s recent commitment to reaching full e-commerce tokenization by 2030 in Europe enables better security through the increased use of passkeys. In practice, this means that cardholders can enable passkeys to authenticate e-commerce transactions. “From… Read More

May 19, 2024 @ 10:27 am By Omar Faridi  |  

Riskified Ltd. (NYSE: RSKD), a firm focused on addressing e-commerce fraud and risk intelligence, announced financial results for the three months ended March 31, 2024. Eido Gal, Co-Founder and Chief Executive Officer of Riskified said: “Our commitment toward profitable growth has yielded exceptional results, as… Read More

May 13, 2024 @ 8:05 am By Tony Zerucha  |  

Mesh, a provider of real-time professional license verification trusted by leading marketplaces, today announced the launch of its Multi-Factor Business Identity solution for marketplaces, e-commerce, and vendor and contractor compliance. Co-founded by ex-Amazon executives Diego Asenjo (CEO) and Tony Bryan (CTO), and following a $5.7 million seed… Read More

April 19, 2024 @ 6:42 am By Omar Faridi  |  

DNA Payments has recently announced a key partnership in order to provide online retailers with high-performance, simple, unified payments by integrating DNA Payments’ acquiring and checkout solution with their E-commerce platform. DNA Payments’ feature-rich, customizable website checkout pages “offer easy integration with full technical support… Read More

April 3, 2024 @ 6:37 am By Omar Faridi  |  

Liberis, the global embedded finance platform, announced a partnership with Shop Circle, the e-commerce software provider. Shop Circle Capital, powered by Liberis, is designed to “offer instant, hassle-free funding.” This partnership will enable Liberis to “expand its reach within the e-commerce industry through Shop Circle… Read More

March 19, 2024 @ 6:22 pm By Omar Faridi  |  

Bolt, a checkout technology company, and Checkout.com, a global payment solutions provider, have announced a partnership to advance e-commerce. Through this collaboration, Bolt will become Checkout.com‘s exclusive one-click checkout provider and Checkout.com will “become Bolt’s preferred payment partner.” Checkout.com is focused on boosting “its merchant’s… Read More

March 11, 2024 @ 10:34 pm By Omar Faridi  |  

Allianz Trade has reportedly launched Allianz Trade pay, a new range of services fully dedicated to B2B e-commerce activities. Allianz Trade pay is described as “a payment solution with a range of services dedicated to B2B e-commerce activities, including a trade credit insurance protection, a… Read More

November 30, 2023 @ 4:54 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) released findings highlighting global e-commerce fraud that occurred during the start of the 2023 holiday shopping season. Based on insights from TransUnion’s global device risk consortium, the analysis found 3.6% of all global e-commerce transactions “reviewed during the Cyber Five days were… Read More

August 18, 2023 @ 12:23 pm By Omar Faridi  |  

Riskified (NYSE:RSKD), which claims to be a leader in ecommerce fraud and risk intelligence, today announced an enhanced partnership with global payments leader Mastercard, that will improve the ability of businesses across the globe “to grow online revenues and profit while mitigating the risk of… Read More

June 26, 2023 @ 5:40 am By Omar Faridi  |  

Squarespace, an e-commerce and website builder globally, has added Amaka’s Xero and MYOB accounting integrations to its Extensions marketplace. Amaka will reportedly “be a hand-picked third-party application that allows Squarespace users to manage and optimize their sites.” Gian Ottavio, Global Partnerships Lead at Amaka, said:… Read More