Remove eCommerce Remove Numbers Remove Planning Remove Securities
article thumbnail

Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding

PYMNTS

Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. billion, said it’s planning on selling 37 million of its shares to raise the new billion, or even $1.25 The company, which went public six months ago and raised $1.6

article thumbnail

Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

B2B 75
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Deep Dive: Safeguarding B2B eCommerce And The Corporate Customer Experience

PYMNTS

There is plenty of opportunity as B2B eCommerce is expected to reach $1.1 This month’s Deep Dive examines the key fraud forms threatening B2B eCommerce as well as the strategies being implemented to overcome them. eCommerce forces vendors to trust strangers they may never meet. False Positives and Data Security.

B2B 61
article thumbnail

Startup Riskified Seeks $200M To Fight eCommerce Fraud

PYMNTS

Riskified does not comment on its financial plans,” a representative for the company said. Fraud is becoming an increasingly more common problem in the eCommerce sector, and is estimated to cost merchants about $130 billion over the next five years. “At In a blog post , the company outlined its views on fraud in eCommerce.

article thumbnail

Interac, Walmart Partner To Advance Canada’s eCommerce Ecosystem

PYMNTS

Even before the pandemic, merchants had been looking for secure, seamless digital solutions to meet customers’ needs. . Interact and its subsidiary, 2Keys Corporation, specialize in digital transaction security for Canadian customers and nearly 300 connected financial institutions. million-plus customers daily.

article thumbnail

Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal. “As

Sales 97
article thumbnail

Is The Phone Number The New SSN?

PYMNTS

And for that reason, credit bureaus, financial institutions and even eCommerce sites find they must look elsewhere for verifiable data or risk overlooking good but “thin-filed” consumers, including millennials. Is the phone number the future SSN?” People give out their mobile numbers right and left, so everyone knows it.

Numbers 45