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eCommerce May Save Fashion Week Events In 2020

PYMNTS

Already eCommerce figured to play a major part in the various fashion weeks across the globe this week and next due to new technology and a willingness for designers to make their clothing more accessible. But now eCommerce will get a star turn rather than a supporting role. Says the Business of Fashion, “times are changing.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

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Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. SOLV said it plans to expand into new geographies to reach more SMBs around the globe. Procurement Partners. Modularbank.

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Worldpay On Staying One Step Ahead of eCommerce Fraud

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Global eCommerce is growing so fast that some cities are struggling to handle the package delivery trucks flooding their streets. Hacks cannot be written off as isolated attacks as they are often the first stage in a plan to steal information. . That will be your best bet to combat fraud across an omnichannel environment.” .

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Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll

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In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of two real-time payment features. Police Allege Money Launderers Are Using Chinese eCommerce Sites To Move Money. Square Launches On Demand Payroll.

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Etsy Refocuses On Its Core eCommerce Business

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CEO Josh Silverman said the decision is a pivot toward the areas that are showing the most growth for the handmade marketplace, particularly on its core eCommerce site. A “tacit admission” followed that the eCommerce site will likely be curtailing — or at least scaling back — its plans to push into brick-and-mortar retail.

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Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles PPP Loan Process

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Plus, regulators in Europe ruled that Mastercard’s plans to acquire part of Nets violate antitrust protections. Fed Plans New Facility For SMB PPP Loans. regulators in Europe said on Monday (April 6) that Mastercard’s plans to purchase a portion of Nets presents a sizable risk to competition on the continent.

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How High-Tech And High-Touch Can Help Merchants And FIs Grapple With Chargebacks

PYMNTS

In the age of eCommerce, chargebacks are on the rise. Against that backdrop, communication with end users could effectively avoid the dispute process among all stakeholders. Communication can be a proactive strategy, affirmed Jankowski. That amount is leagues above the original forecast of $225,000.