Amazon competitors have found imitation of Amazon’s annual July Prime Day sales event to be their own summer sales success stories. Business Insider looked at several companies including eBay, Walmart, Macy’s, Target, and Best Buy and found some compelling, competing summer sales promotions in 2018. ...
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Amazon fired another shot over the bow of the grocery business with the addition of 13 new cities now able to get home delivery service from its Whole Foods subsidiary. Now available in 88 US cities, Prime members can shop through Prime Now for thousands ...
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New research from cybersecurity firm Proofpoint shows that imposter email and email phishing attacks on global financial services companies grew 60% over last year. The FBI estimates that business email compromise (BEC) has cost organizations around the globe a potential $12.5 billion since the end ...
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When it comes to e-commerce and cross-border payments, it’s critical to consider the importance of local payment methods (LPM) and preferences. Payment specialist PPRO has released Payments Almanac 2.0, its latest analysis of global payments markets, e-commerce growth and local payment preferences. The Almanac has ...
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Welcome to the weekly global payments news roundup from Payments NEXT. Fintech company Resolve launched its B2B payments platform. A New York student sued Apple for $1 billion for his arrest due to mistaken facial recognition. Equifax acquires PayNet to tackle the small to midsize ...
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Forrester Research says B2B e-commerce will reach $1.8 trillion by 2023 and make up 17% of B2B sales. Fintech startup Resolve aims to disrupt the painfully slow, traditional business finance model with its automated payments platform offering extended net terms for customers of B2B sellers. ...
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In a warning sign for the new technology and retailers, a student launched a $1 billion lawsuit claiming that mistaken facial recognition in an Apple Store led to his wrongful arrest. NYPD officers arrested 18-year-old New York student Ousmane Bah at 4 o’clock in the ...
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With the April 15 US tax deadline passed, were tax professionals really ready for a new breed of tax fraudsters? We’re not talking about the President and his tax return issues. We’re seeing a new breed of sophisticated tax fraudsters systematically attacking the US taxation ...
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Coveware’s Q1 Ransomware Marketplace report shows an alarming increase in ransomware incidents and the impact and costs to business in the first quarter of the year to clients of the security company. The average ransom increased by 89% to $12,762 compared to $6,733 in Q4 ...
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It’s a holiday weekend ahead but we’ve still got your global payments news roundup to keep you current. MasterCard purchased POS loans platform Vyze while Amazon announced plans to depart the China online marketplace. We’ve got a look at contactless cards in the US and ...
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