PYMNTS

MARCH 14, 2020

With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month. percent of all eCommerce fraud , is still account takeover.

eCommerce 92

eCommerce Accounting Retail Securities 92

PYMNTS

SEPTEMBER 21, 2020

Yet as more organizations embrace the eCommerce shift, the growing pains of these changes will ease into preparedness for the future. By enabling businesses that might have otherwise assumed they weren't mean for an eCommerce model, CloudBusiness was able to both retain customers and help keep those businesses afloat.

eCommerce 114

eCommerce Profit and Loss Education Accounting 114

PYMNTS

AUGUST 14, 2020

The eCommerce landscape is shifting on multiple fronts, with sellers embracing digital channels and adjusting their business models to a new reality of customer demands. This may be a challenge for organizations that already have experience with eCommerce. On the other side of the eCommerce ecosystem is the business-to-business model.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

DECEMBER 21, 2020

Customers don't have to enter a billing address and the mobile experience is no-scroll and above the fold, with a post-checkout registration model letting customers wait until after checkout to sign up for an account. Data from the IBM U.S. billion, the report says.

eCommerce 98

eCommerce Valuation Currencies Accounting 98

PYMNTS

NOVEMBER 19, 2020

As more seller organizations embrace the B2B eCommerce model, they're quickly coming to realize that for buyers, the B2B payment experience begins right at the moment of onboarding. But onboarding isn't just about obtaining bank account or payment details of a potential buyer. Onboarding Optimization. Emerging Business Models.

B2B 105

B2B eCommerce B2C Prioritization 105

PYMNTS

FEBRUARY 24, 2020

In the February 2020 B2B eCommerce Report , done in collaboration with American Express , we learn how B2B buyers and sellers are using eCommerce to bypass outdated paper-based billing and payment terms. China’s eCommerce titan Alibaba is capitalizing on that. After all, B2B eCommerce will be a $1.1 Where’s the Trust?

B2B 73

B2B eCommerce Accounts Payable B2C 73

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. In China the pandemic appears to have created pent-up spending.

eCommerce 92

eCommerce Retail Sales Forecasting 92

PYMNTS

DECEMBER 10, 2020

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

Accounts Payable 60

Accounts Payable Accounting B2B Invoicing 60

PYMNTS

SEPTEMBER 16, 2020

Chinese authorities have made a series of arrests alleging more than $2 billion was laundered at offshore gambling sites through faux eCommerce purchases. Under the scam, alleged cybercriminals make the online purchases while the same sum is then credited to their gambling account.

eCommerce 124

eCommerce Currencies Banking Securities 124

PYMNTS

APRIL 7, 2020

This has resulted in business-to-business (B2B) offerings such as mobile apps that help provide small business owners better overview and management of their companies’ bank accounts, as well as their accounts payable (AP) and accounts receivable (AR). How APIs Are Helping FIs Power Clients’ eCommerce Journeys.

eCommerce 63

eCommerce Banking Foreign Exchange B2B 63

PYMNTS

SEPTEMBER 22, 2020

With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution. We saw a change in the last few years towards the credit card away from open account terms," he said.

B2B 94

B2B eCommerce Prioritization Securities 94

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Further, online sellers have been tackling chargeback fraud, which could account for about 86 percent of all chargebacks. Each $1 of fraud costs retailers $3.13. . also known as 3DS 2.0

eCommerce 93

eCommerce Securities Compliance Technology 93

PYMNTS

DECEMBER 17, 2020

Best Buy is modifying some store formats and delivery functions to contend with eCommerce orders and a dramatic rise in curbside pickup amid the accelerated arrival of the digital-first economy. 74% : Portion of accounting staff who report frictions when manually processing invoice data. In auto sales, CarLotz, Inc. ,

eCommerce 58

eCommerce B2B Invoicing Sales 58

PYMNTS

APRIL 27, 2020

As the digital shift continues to keep pace with post-coronavirus shopping behaviors, eCommerce fraud is growing with it. Even if you have the best biometrics program available, you still need to protect the house and I’m not sure eCommerce companies have done that.”. But again, there is no silver bullet for eCommerce fraud.

eCommerce 65

eCommerce Securities Technology Accounting 65

PYMNTS

JANUARY 20, 2021

eCommerce Soars. But perhaps most conspicuous of all was the nearly 50 percent spike P&G has seen in its eCommerce business over the past six months, which it said now accounts for over 14 percent of its total global sales, and presumably on its way to 20 percent in the not so distant future.

eCommerce 117

eCommerce Sales Construction Forecasting 117

PYMNTS

JULY 29, 2019

The common view about Africa – once found in recent PYMNTS coverage – is that the vast, varied and massively populated continent represents the next frontier for eCommerce. Sellers must absorb those costs and deal with other associated hassles – none of which, of course, serve to encourage further eCommerce efforts, as Oladele told it.

eCommerce 77

eCommerce Foreign Exchange Accounting Retail 77

PYMNTS

JUNE 15, 2020

the eCommerce mega platform, to expand its third-party marketplace for a bigger share of the COVID-19 online shopping surge. For years, building an eCommerce marketplace customers trust has been a priority for our business,” he said in a statement. Retail giant Walmart is collaborating with Shopify Inc., While the U.S.

eCommerce 68

eCommerce Finance Retail Accounting 68

PYMNTS

MAY 29, 2020

The department store chain earned a respectable first quarter as announced Thursday (May 28) through a mix of shrewd inventory management, financial reorganization and eCommerce strength. He led with his strong card: eCommerce. “We

eCommerce 57

eCommerce Sales Accounting Retail 57

PYMNTS

OCTOBER 7, 2020

The eCommerce industry is expected to generate $4.5 Fewer than 1 million of the 24 million eCommerce sites on the internet generate more than $1,000 a year, with the remainder consisting of minuscule online merchants that struggle to survive. Exploiting eCommerce Payment Providers.

eCommerce 68

eCommerce Retail Accounting Leverage 68

PYMNTS

JUNE 16, 2020

Using Remitr’s Global Business Accounts (GBA), small- to medium-sized businesses (SMBs) in Canada can access unique accounts in U.S. Toronto’s Remitr , which works in business payments, has launched a new solution for setting up international payments in a quicker, more efficient manner, according to a press release.

Accounting 64

Accounting Currencies eCommerce Banking 64

PYMNTS

OCTOBER 13, 2020

Consumers are relying more heavily on eCommerce during the pandemic, and they have high standards for what digital shopping should be like. Shoppers may be quick to take their business elsewhere if these demands are not met, with 66 percent of respondents saying they had at least once given up opening accounts due to poor experiences.

Accounting 69

Accounting eCommerce Securities Leverage 69

PYMNTS

AUGUST 12, 2020

The eCommerce industry is trying to find balance as more consumers purchase via digital channels while overall customer spending is dipping during the pandemic. Keeping verification safe as well as seamless is essential, even as eCommerce marketplaces respond to customers’ changing needs and payment behaviors during the pandemic.

eCommerce 79

eCommerce Sales Banking Securities 79

PYMNTS

OCTOBER 16, 2020

[A recent] survey of 7,000 North American and European consumers indicated that 92 percent expect digital retail experiences to be fast, frictionless and secure, and 73 percent believe account creation or online transactions should happen instantly.”. That doesn’t leave a whole lot of room for error, customer experience-wise.

eCommerce 75

eCommerce Securities Accounting Retail 75

PYMNTS

APRIL 12, 2019

It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 The debut of Jumia on the New York Stock Exchange comes amid a growing eCommerce and mobile payment landscape in the world’s second largest continent by both area and population.

eCommerce 83

eCommerce Banking Startups Technology 83

PYMNTS

JULY 16, 2020

The evolution of B2B eCommerce has historically been driven by the effort to bring a consumer-like experience a-la-Amazon into the corporate procurement world. Yet using the consumer eCommerce framework as the launchpad for digitizing B2B trade isn’t always going to suit enterprise needs. It’s not an unfounded strategy.

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

OCTOBER 14, 2020

Mom-focused eCommerce site Zulily , which offers clothing, toys, footwear and home goods, puts a friction point at the beginning of the customer relationship that the brand believes can help with both marketing and security. Fighting fraud . Zulily’s business model focuses on promoting products through different daily sales.

Securities 60

Securities eCommerce Accounting Retail 60

PYMNTS

APRIL 9, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On the other hand, ignoring eCommerce as it continues its climb toward 20 percent of total retail spend could be seen as short-sighted.

eCommerce 65

eCommerce Retail Sales Communication 65

PYMNTS

MAY 8, 2019

When people hear the word “marketplace” used within the context of eCommerce, thoughts naturally turn to Amazon’s third-party marketplace — a source of significant growth for the company, and the reason why many smaller merchants are able to remain in business these days. Marketplace Concept. What does that really mean, though?

eCommerce 84

eCommerce Retail Construction Technology 84

PYMNTS

MAY 19, 2020

For India, in particular, the coronavirus has exposed some challenges for eCommerce giants such as Flipkart and Amazon – and now, there’s a new initiative to spur consumers to “buy local.”. The pandemic has spurred any number of efforts across various countries to restart economies as they emerge from lockdown.

eCommerce 86

eCommerce Economics Retail Numbers 86

PYMNTS

MAY 13, 2020

The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. In terms of mechanics, the tokens replace cardholders’ 16-digit Visa account numbers with tokens that only the payments network can unlock for one-time or recurring transactions.

eCommerce 100

eCommerce Securities Manufacturing Technology 100

PYMNTS

DECEMBER 30, 2020

There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Snap Accounts Payable, otherwise known as SnapAP, has announced the completion of the first stage of funding from angel investors as it continues on its way toward a planned $2 million seed investment round.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

FEBRUARY 27, 2020

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) and eCommerce, according to reports. The Business Solutions Division and CompuCom account for about 60 percent of Office Depot’s total sales, the article said. “In

B2B 60

B2B eCommerce Healthcare Investments 60

PYMNTS

JANUARY 18, 2019

Yet, venture capitalists revealed revamped interest in the B2B eCommerce and procurement spheres, exploring technologies like blockchain to enhance supply chains and the buyer-supplier relationship. with automated accounting software. Below, PYMNTS rounds up the latest in B2B investments.

B2B 65

B2B eCommerce Investments Treasury 65

PYMNTS

JUNE 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. And during the first quarter of fiscal 2019, Target said its same-day delivery service, curbside and in-store pickup accounted for more than half of its 42 percent eCommerce sales growth, as well as 25 percent of same-store sales growth. percent increase.

eCommerce 59

eCommerce Retail Sales Leverage 59

PYMNTS

OCTOBER 16, 2018

merchants are lagging behind other countries when it comes to cross-border eCommerce. eCommerce ready to take on the world?”, based online merchants are behind when it comes to taking advantage of global eCommerce growth, as most are not offering enough or any local payment methods to international markets. that has to change.

eCommerce 68

eCommerce Investments Sales Planning 68

PYMNTS

FEBRUARY 12, 2019

-based FinTech SumUp, which helps small to medium-size businesses (SMBs) take card payments, has acquired Shoplo, a multichannel eCommerce platform. The exact terms of the deal aren’t known, but Shoplo technology will also help SumUp’s customers to create better ecommerce storefronts.

eCommerce 73

eCommerce Invoicing Sales Technology 73

PYMNTS

NOVEMBER 18, 2016

The United States Department of Commerce reported this morning that eCommerce in the U.S. This means that eCommerce accounted for 7.7 Overall, eCommerce sales have remained steadily in an upward trend compared to total sales since 2006, when eCommerce accounted for just 3 percent of total sales.

eCommerce 67

eCommerce Sales Retail Accounting 67