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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age

PYMNTS

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. Overall, B2B eCommerce is stuck in the past, said Inxeption CEO and Co-founder Farzad Dibachi. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector.

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The (eCommerce) Race Is To The Swift

PYMNTS

And while it’s an exaggeration to state that customers are all turning to Amazon , the eCommerce giant’s latest earnings release indicates a lot of them are. And finding ways to enter the previously excluded mainstream financial system is becoming an imperative, particularly for Mastercard. billion: Amazon’s Q1 2018 sales.

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Coinbase Launches Crypto Plug-in For eCommerce Merchants

PYMNTS

To allow eCommerce merchants to accept cryptocurrency from buyers, Coinbase has rolled out a new plug-in. The plug-in fits into Coinbase’s “open financial system,” which is a peer-to-peer (P2P) crypto network. The idea is that customers pay sellers directly through their wallets, so web stores can avoid merchant fees.

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Coinbase Valued At $8B With Potential Tiger Global Investment

PYMNTS

CEO Brian Armstrong said the company isn’t focused on the movements of trading volume, but rather “building an open financial system for the world,” reports said. In August, it announced the rollout of a new plug-in that allows eCommerce merchants to accept cryptocurrency from buyers.

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Bracing up for a competitive and digitally integrated payments environment

Future CFO

Simultaneously, he highlights that the explosive growth of cross-border trade, especially fuelled by APAC’s booming eCommerce sector, has heightened demand for efficient and localised digital payment infrastructure. Advice To stay competitive, Ahamed advises finance leaders to move decisively in response to APAC’s evolving payments landscape.

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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example.

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PayPal Deepens LATAM Reach With MercadoLibre Integration

PYMNTS

Digital payments firm PayPal is turning to Latin America to strengthen its position in the eCommerce payments and remittance arenas. ” PayPal’s expanded integration with MercadoLibre follows its strategic investment in the eCommerce conglomerate earlier this year. Today (Dec. In March, MercadoLibre announced a $1.85