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

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Along the way, these companies that are embracing eCommerce have seen an increasing percentage of sales derived from digital payments. It’s going to be a new normal,” said West of the digital shift, “whether launching an eCommerce site or changing POS technology to set up an omnichannel presence.”.

Sales 141
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Michaels Sees 296 Pct eCommerce Growth Amid Omnichannel Rollout

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The debut of new omnichannel features such as same-day delivery and curbside pickup, among other factors, helped fuel 296 percent eCommerce growth for The Michaels Companies, Inc. But the retailer said that a number of shuttered locations kept bringing in sales via ship from store and curbside pickup programs.

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Fiserv: Merchants And The Need Multilayered Security In A Digital-First World

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A plethora of new digital shoppers are driving such numbers, Horton said, and many of them are older consumers who had been sitting out digital commerce until COVID-19 hit but are now pivoting decisively toward it. He added that the bad guys aren’t just looking for the card numbers that cybercriminals of yesteryear sought.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

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We have a number of solutions across markets, such as India, Southeast Asia and China, where cross-border payments have been brought down to effectively automated interactions that do two things: removing the need for paper as well as the ability to connect to customs and regulatory databases, both in a fully compliant manner,” he added. “We

Treasury 118
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Western Union Heads To The Cloud To Make B2B Payments Faster

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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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Security Demands Spur Virtual Debit Card Adoption

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Some are turning to virtual cards to keep their debit account numbers safe, providing shoppers with newly generated codes that can be restricted to work only when paying specific merchants or used just once before expiring. Firms are also prioritizing security as they transact online more heavily as well.

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Amazon Restricts Shipments To Warehouses Amid Coronavirus

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A spokesperson for the eCommerce retailer said per the report, “We are temporarily prioritizing household staples, medical supplies and other high-demand products coming into our fulfillment centers so we can more quickly receive, restock, and ship these products to customers.”.