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Shopify Sees eCommerce Sales Boost By 89 Percent

PYMNTS

Shopify , the eCommerce platform that enables small and medium-sized businesses to reach customers across channels, experienced total revenue growth of 89 percent year-over-year in Q3. The Canada-based eCommerce vendor announced that its Q3 sales totaled $99.6 million, an increase of 89 percent from $52.8 million in Q3 2015. “We

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Visa: Real-Time Settlement, Online Marketplaces Help Put SMBs Back On The Road To Recovery

PYMNTS

Along the way, these companies that are embracing eCommerce have seen an increasing percentage of sales derived from digital payments. Digital sellers leverage the online marketplace in what is anything but a passing phenomenon, with 65 percent of surveyed companies using it as a digital storefront to complement their online sales.

Sales 141
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Western Union Heads To The Cloud To Make B2B Payments Faster

PYMNTS

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).

B2B 87
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Google Rolls Out ‘Product Discovery Solutions For Retail’ Suite

PYMNTS

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. "As

Retail 83
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Report: Helping Online SMBs Bridge The AML Compliance Knowledge Gap

PYMNTS

Cybercriminals deploy a variety of tactics to process their ill-gotten gains, ranging from techniques as basic as exchanging gift cards to ones as advanced as setting up fake eCommerce storefronts. Deep Dive: Leveraging AI And ML To Prevent Money Laundering. Developments Around The AML/KYC Space. About The Tracker.

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Omnichannel Payments Help Retailers Find Their Footing With The Digital Shopper

PYMNTS

And as Blackhawk Network Global Head of Commerce Brett Narlinger said of the pandemic’s effects, “This situation has just helped accelerate retailers’ realization of the need to meet consumers’ eCommerce demands in order to survive and thrive in this environment.”. The transformation and shift toward digital has always been inevitable.

Retail 66
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D2C: It’s Beginning To Look A Lot Like … Retail

PYMNTS

You will see us continue to increase our D2C presence, but again, not at the preference of, or the de-prioritization of, any other channel of trade,” Moeller said , before extolling the unique benefits that come from getting closer to consumers. Going for Growth. Chief Product Officer Lyn Tran told PYMNTS.

Retail 62