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Walmart Beats The Street, Talks Up eCommerce

PYMNTS

For the third quarter in a row Walmart has beaten analysts’ predictions on revenue and marked same-store sales increases (a difficult magic trick in retail these days) — and in Q3 the company also had some more than solid growth in eCommerce lines and on the global scene. forecast for the quarter. All in all, eCommerce sales added 0.5

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Southeast Asia’s growth 2022-23 to outpace other markets

Future CFO

The digital consumer population in Southeast Asia is still growing steadily and is forecast to reach 370 million by end-2022, accounting for 82% of the total population of 15-year-olds and above. This figure is projected to rise further to 402 million by 2027, accounting for 88% by the end of the forecast period.

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Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

There's an opportunity for banks to think about innovation, to modernize current workflows and to leverage some of the innovation that is happening within the FinTech community," he said, noting that the cost of such collaborations should be only one of several factors when considering whether to collaborate, and with whom.

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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. That amount is leagues above the original forecast of $225,000. Leveraging advanced technologies like 3-D Secure and tokenization add more levels of protection amid the eCommerce boom.

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An Order-To-Cash Overhaul Is Coming For B2B Payments

PYMNTS

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same pre- and post-payment systems.”.

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Today In Payments: NYC Taxi Commission Accused Of Fraud; Apple Considers Letting Users Change Default Apps

PYMNTS

In the latest Merchants Guide To Navigating Global Payment Regulations, PYMNTS interviews three experts on Chinese eCommerce, data and finance to examine how the misinterpretation of Chinese online data and security regulations can impact global merchants’ expansion ambitions. The Life, Death And Rebirth Of The Daily Deal.

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Walmart Amazon Whole Paycheck Tracker: 150M Prime Members And Super Bowl Commercials Take The Field

PYMNTS

But this week there were reports that the eCommerce shakeup is moving along and that it will stake out new ground entirely this weekend — at the Super Bowl. forecast pre-release. billion forecast. eCommerce Update: More Layoffs and Changes. Amazon reported earnings per share of $6.47, ahead of the $4.03