Tagged: 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 21, 2025 @ 1:03 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, generated over “$10 billion in additional merchant revenue.” Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent… Read More

March 10, 2025 @ 10:27 pm By Omar Faridi  |  

Taiwan’s e-commerce market is forecast to grow by 7.9% in 2025, continuing its fast-paced growth driven by the “ongoing shift of consumer preferences from offline to online shopping,” according to GlobalData, a data and analytics company. GlobalData’s latest report, “Taiwan Cards and Payments – Opportunities… 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

February 25, 2025 @ 10:12 am By Omar Faridi  |  

Shift4 (NYSE: FOUR), the payments and commerce technology provider, and Global Blue (NYSE: GB), the specialty payments and technology platform enabling “tax-free” shopping, dynamic currency conversion, and payments solutions to retail brands, have reportedly entered into a definitive agreement under which Shift4 will “acquire Global… Read More

February 21, 2025 @ 9:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of internet infrastructure for commerce, announced an expanded agreement. The renewed partnership cements Affirm’s position “as the pay-over-time provider for Shop Pay Installments in the U.S.” It… Read More

February 18, 2025 @ 3:18 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, announces its partnership with Vinted, Europe’s online marketplace for second-hand fashion. With members across 20+ countries, Vinted is enhancing the second-hand fashion industry by “empowering individuals to buy and sell pre-loved items with ease through its digital platform.” Through… Read More

February 18, 2025 @ 8:07 am By Tony Zerucha  |  

Last week, Signifyd, a provider of fraud and abuse prevention services, announced a partnership with Swap, an e-commerce operating system that consolidates global operations within one platform for e-commerce brands. By integrating Signifyd’s Commerce Protection Platform with Swap Global, merchants can scale internationally while benefiting… Read More

February 3, 2025 @ 9:13 pm By Omar Faridi  |  

Customers engaging in e-commerce activities via Amazon.com.au can now use ‘PayTo’ to make a purchase directly from their bank account in a secure way, removing the need to provide sensitive payment card details. The PayTo payment option gives Amazon.com.au customers visibility and control over their… 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

January 10, 2025 @ 6:21 am By Omar Faridi  |  

IXOPAY, an enterprise payment orchestration platform, and Riskified (NYSE:RSKD), a key player focused on ecommerce fraud and risk intelligence,  announced a  partnership to enhance payment security, lower  fraud challenges and boost payment operation resilience. As global payment ecosystems become more complex, so do the associated… Read More

December 27, 2024 @ 8:51 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant has expanded their partnership with Woo, the flexible, open-source e-commerce solution built on WordPress, by making Klarna a default payment option for merchants using WooPayments. Under the expanded partnership Klarna will aim to become a network… Read More

December 24, 2024 @ 5:36 pm By Omar Faridi  |  

WooCommerce, which claims to be the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a pay-over-time provider. This builds on the firms’ existing partnership and will make Affirm a default payment option for merchants using WooPayments…. 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 23, 2024 @ 8:22 pm By Omar Faridi  |  

E-commerce enablement investments increased QoQ, producing $2.7 billion across 96 deals, deltas of 51.4% and -7.7%, respectively. This, according to an update from PitchBook. PitchBook noted in its research report that deal value was “propped up by one outlier deal: Clio’s $900 million Series F… Read More

December 4, 2024 @ 9:48 am By Omar Faridi  |  

From Black Friday through Cyber Monday (BFCM), Stripe reportedly processed 465 million transactions with a total payment volume of over $31 billion. Stripe claims that it was the “largest ever” four-day period on Stripe. Stripe’s public microsite and custom BFCM machine tracked results in real-time,… Read More

December 3, 2024 @ 7:11 pm By Omar Faridi  |  

Only a month out from the December holiday seasons, eCommerce retailers are witnessing signals of renewed consumer confidence as international sales drive considerable spending growth, according to the Digital Economy Index by Airwallex, an Australian-founded leading global financial platform. After a “rocky” start to 2024,… Read More

December 3, 2024 @ 8:09 am By Omar Faridi  |  

Millennials are primed to lead holiday spending as nearly two in three now expect their income will increase in the coming ear. TransUnion’s Q4 2024 Consumer Pulse research study reveals that consumers still most interested in doing their holiday shopping “between Thanksgiving and Cyber Monday.”… Read More

November 29, 2024 @ 8:29 am By Omar Faridi  |  

NordVPN has shared insights on “unmasking” dark web deals. The team at NordVPN have looked at what tools and scams are trending among hackers this holiday / shopping season. According to the update, dark-minded hackers are able to find scam and phishing kits as well… Read More