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Western Union Heads To The Cloud To Make B2B Payments Faster

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This growth is not expected to slow down anytime soon, with eCommerce and its associated digital payments expected to hit $4.5 A survey of bank CEOs found that 72 percent were prioritizing technology investments, with 58 percent of respondents reporting that they were investing in automation technologies like artificial intelligence (AI).

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Delay Of Game: USPS Considers Massive Cuts

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Postal Service might be about to make eCommerce shipping woes even worse. If the cuts come to pass it would be the latest in a series of moves that could affect eCommerce shipping, which had been burdened by prioritizing medical deliveries and essential goods to fight the pandemic. The beleaguered U.S.

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Rewriting The Future Of Supply Chain Success

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These takeaways include increasing communication with clients, such as by expanding call center hours and providing more intensive support over the phone. Cleaning supplies manufacturers are also prioritizing creating the items that are in highest demand over those that are more niche.

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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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Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development and support services, from Vodafone Group PLC through a joint venture. Banking APIs Give Businesses An eCommerce Push.

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Matchmaking For The Marketplaces

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A funny thing happened on the way to the hockey-sticking growth cycle of eCommerce: marketplaces aggregated supply from a variety of sellers. It’s a problem that Nate Hirsch, the CEO of FreeeUp.com (the extra “e” is for eCommerce) encountered while in college working as an Amazon marketplace seller to make “beer money” for the weekend.

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Mastercard, Create & Cultivate Launch Digital Store For Women-Owned SMBs

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“Local businesses are so much more than what they sell, they are the hearts of our communities and foundation of our economy,” said Cheryl Guerin , executive vice president of North America Marketing & Communications at Mastercard, in the release.

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Pandemic Supply Chain Pivots, Cross-Border Conversion, P2P Payments Top This Week’s News

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Visa, Facebook Link Up For P2P Payments, eCommerce On WhatsApp. The newest Cross-Border Merchant Friction Index explores which checkout features international online shopping retailers can prioritize when they design their checkouts. FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic.