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Cross-Border eCommerce Gains Momentum

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This is especially true in eCommerce, where friction points have crystalized around FX rates, accepted payment methods and, of course, fraud. eCommerce alibaba Citi cross-border payments ecommerce News Retail

B2B eCommerce Gets Civilized

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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, done in collaboration with American Express , we learn how B2B buyers and sellers are using eCommerce to bypass outdated paper-based billing and payment terms.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.

B2B eCommerce Embraces The Ecosystem Opportunity

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With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Even before the pandemic hit, the B2B eCommerce landscape was heating up as businesses sought greater efficiency.

eCommerce Spurs The Great Logistics Shift

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As The Wall Street Journal reported, the rise of eCommerce giants is changing the way even the largest container firms are doing business. Those eCommerce companies are, he said, boosting volumes from Asia into the United States.

Personalizing — Not Just Digitizing — The B2B eCommerce Experience

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As these businesses migrate online, not only do they have to ensure that the prices provided to customers in offline settings match what is displayed on an eCommerce platform, but they have to ensure that every customer receives the correct pricing information based on their individual contracts. "It

Goldman Sachs Forecasts Acceleration In eCommerce Sales

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Goldman Sachs also noted that eCommerce penetration rose to more than 40 percent in May from 16 percent of retail spending domestically in the first quarter of 2019. Retail ecommerce Goldman Sachs News What's Hot

Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

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And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand.

Report: Fraudsters Have Modified Approaches In Wake Of eCommerce Boom

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Cybercriminals have been homing in on eCommerce retailers that are seeking to capitalize on the rise of online shopping this season, as they believe that “they will be more likely to get through unabated,” the company said. Security & Fraud ecommerce fraud News Security Sift What's Hot

eCommerce Drives Logistics Job Boom

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The rise of eCommerce is an inexorable one, with real-world ripple effects that extend all the way to feet and wheels on the street — and, by extension, burgeoning payrolls. eCommerce Amazon Consumer Demand delivery ecommerce hiring jobs logistics News packages real estate supply and demand

eCommerce Numbers Spike Across Categories

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As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential retail will show a dramatic spike. According to Andy Frawley, CEO of V12, “eCommerce has naturally been on the rise for some time.

How Treasurers Are Guiding Firms Through The eCommerce Revolution

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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.

FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

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2) toward beefing up its eCommerce capabilities, announcing a deal to acquire eCommerce platform ShopRunner for an undisclosed sum. “We The deal will thrust FedEx squarely into the center of the explosively growing eCommerce ecosystem. FedEx took a big step on Wednesday (Dec.

Reliance Tests eCommerce Portal In India

PYMNTS

Ambani, Asia’s richest man, is now a bit closer to his goal of establishing an eCommerce platform to rival Amazon or Walmart’s FlipKart in India’s ripe market for that field. KPMG said India’s appetite for eCommerce is set to grow by $200 billion from now until 2027.

Shipping Inconsistencies Plague Nonessential eCommerce

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Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. And eCommerce success is dependent upon shipping. ” Retail Amazon Coronavirus COVID-19 delivery ecommerce FedEx logistics News Shipping UPS walmart

Verishop Introduces Social eCommerce App

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introduced a new social eCommerce app. His company, however, flipped the strategy on its head as it made an eCommerce website initially with complimentary returns as well as two-day shipping. It sounds like a boring eCommerce company,’” he said, according to Bloomberg.

A Targeted Approach To eCommerce Firms' Biggest Banking Pains

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In a recent interview, he discussed why Juni is targeting eCommerce and digital marketing businesses with its offering. The eCommerce Banking Challenge. Perhaps the biggest challenge for eCommerce businesses is simply getting an adequate grasp on finances altogether.

The Appeal Of eCommerce Amid The Coronavirus

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Consumers have stepped up their activity in eCommerce , as they are not staying in hotels, eating in restaurant dining rooms or using public transit, per a PYMNTS COVID-19 consumer survey. survey respondents who said they were using eCommerce to “stock up” on food.

eCommerce Fraud Presents A $12 Billion Problem

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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.

Freightos.com Grows B2B Platform For eCommerce Logistics

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In a move planned to simplify B2B eCommerce, Hong Kong-based Freightos.com has grown its online B2B digital infrastructure. Even though the B2C eCommerce boom has arguably already happened, the coronavirus situation is bringing about another tide of online commerce adoption.

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Can eCommerce Overcome The Strain Of COVID-19?

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While it is the only option for many retailers, eCommerce is running into its own limitations under the pressure of the COVID-19 crisis. Listrak has reported a 40 percent jump for eCommerce since the state of emergency was declared on March 12.

Walmart Crushes Earnings; eCommerce Soars 74 Pct

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Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up 10 percent over 2019 and eCommerce spiked 74 percent as consumers stocked up on essential and nonessential goods.

Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

PYMNTS

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa. Jumia is reportedly viewed as an innovator in eCommerce in sub-Saharan Africa.

B2B eCommerce Platform NuORDER Unveils Payments Service

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Digital payments [are] the norm for eCommerce, but B2B payments have been stuck in the dark ages for too long,” NuORDER Co-Founder and Co-CEO Heath Wells said in the announcement. B2B Payments B2B credit Digital Payments ecommerce News NuOrder NuORDER Payments What's Hot In B2B

eCommerce Site JD.com Now Takes Digital Yuan

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JD Digits is a digital arm of eCommerce heavyweight JD.Com Inc. Digital Payments china digital currency ecommerce international JD.com News What's Hot

Polish Investors Hopeful For eCommerce After Allegro IPO

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Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. eCommerce Allegro.eu

Verishop Adds More Social Features To Its eCommerce App

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What began as an eCommerce site has grown to include social elements, such as allowing users to upload photos and videos, tag products, and follow brands and other users, announced in a company press release. eCommerce ecommerce News Retail social commerce Verishop What's Hot

How SMBs Could Edge Out eCommerce Giants This Holiday Season

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He said “the older generation that couldn't [use technology] or is not willing to shop in stores is also adopting digital” — one of the main reasons the adoption of eCommerce has accelerated so much this year.

Optimizing B2B eCommerce Payments From The Moment Of Onboarding

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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. Not all B2B sellers are cautiously stepping into the B2B eCommerce model for the first time.

Modal, Honda Collaborate On Financing For eCommerce Platform

PYMNTS

The surge in automotive online purchasing traffic sparked by the pandemic has led to increased demand for eCommerce. Hence the popularity of Modal’s automotive eCommerce platform, underlying the announcement Tuesday (Dec. Retail automotive ecommerce funding Honda Modal News What's Hot

Protecting eCommerce Merchants From Fraud

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Merchants have to participate in eCommerce if they want to maintain relevancy in today’s economy, but their engagement in online transactions also exposes them to new forms of fraud. Today In Data artificial intelligence Commerce ecommerce fraud News payments Security Today in Data

Nordstrom Plays The eCommerce Card

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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 Retail Earnings ecommerce News Nordstrom

PROS To Work On B2B eCommerce Operation Launches

PYMNTS

PROS , which provides artificial intelligence-powered solutions, will be expanding its strategic collaboration with Adobe to include Magneto Commerce , an eCommerce platform, with the goal of helping companies launch eCommerce solutions.

BigCommerce Takes On B2B eCommerce

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Online commerce solution provider BigCommerce is adding business-to-business eCommerce to its suite of services. The collaborators include trade credit solution provider Apruve, which will integrate its payment term management and payment receipt tools, as well as Bundle B2B, which leverages BigCommerce’s API to provide eCommerce tools for corporate buyers and sellers.