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In Europe, Building The ‘Bridge’ Between eCommerce Merchants And Traditional Banks

PYMNTS

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. But eCommerce, she said, is a different story. The tech is the easiest part, she said.

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Deliverr Vying To Become ‘Uber’ Of Ground Shipping In eCommerce

PYMNTS

Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. After working for that firm, Krakaris went to an eCommerce company that built websites for brands.

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It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors

PYMNTS

There are a number of areas where the fraud threat has increased this year and where we have seen an increasing trend — and the current situation with COVID-19 has added to it,” he told PYMNTS. But, according to Tharle, “there are a number of new technologies coming down the pipe that will mitigate some of this.”.

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Retailers See An eCommerce Boom

PYMNTS

A number of retailers have recently seen a surge in eCommerce sales. And during the first quarter of fiscal 2019, Target said its same-day delivery service, curbside and in-store pickup accounted for more than half of its 42 percent eCommerce sales growth, as well as 25 percent of same-store sales growth. percent increase.

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Deep Dive: How eCommerce Payments Providers Sniff Out Money Launderers

PYMNTS

The eCommerce industry is expected to generate $4.5 Fewer than 1 million of the 24 million eCommerce sites on the internet generate more than $1,000 a year, with the remainder consisting of minuscule online merchants that struggle to survive. Exploiting eCommerce Payment Providers.

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Helping Brands: D2C Brands Tap New Business Models To Shorten 'Time To Commerce'

PYMNTS

Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. COVID has put pressure on brands to find solutions for their direct-to-consumer [D2C] strategy,” he said. And everyone, he said, wants to crack the Chinese market.

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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. By The Numbers . All in all, eCommerce sales added 0.5