Another year, another Alibaba’s Singles Day sales record with sales reaching $30.8 billion (RMB213.5 billion), up 27% for the one-day e-commerce extravaganza. Last year, sales were $25.3 billion ...
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The pace of payments news picked up dramatically as we get closer to Black Friday and holiday sales. Here’s the global payments news that caught our attention starting ...
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You may be surprised to learn which e-commerce markets in Europe and the Commonwealth of Independent States are growing the fastest. In fact, according to the latest PPRO ...
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In an unusual deal, Swedish-headquartered fast fashion retailer H&M invested $20 million to acquire under 1% of online payments firm Klarna. H&M will implement Klarna’s payments platform in ...
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A new report from Kount and The Fraud Practice examines card-not-present (CNP) false positives which are poorly understood and frequently mismanaged aspects of risk management. Most merchants focus ...
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Statista reports the number of global online shoppers between 2014 and 2018 jumped by 36%, growing from 1.32 billion to 1.79 billion people. According to Braintree, PayPal’s mobile ...
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According to Gartner L2’s Amazon Intelligence: Third-Party Distribution Strategies Playbook report, Amazon has a substantial counterfeit products problem. Gartner estimates 33% of third-party vendor listings have at least one ...
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Our weekly payments industry news this week features an update on synthetic identity fraud, record Q2 2018 target financials, e-commerce membership sales growth, a smart speaker for cryptocurrency ...
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Amid the general US retail doldrums, Target’s Q2 results stand out as a beacon of what’s possible when you have a plan, you’re disciplined in implementing it, and ...
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Merchants are losing more than $17 billion in online sales every year due to out of stock products. At retail prices, that number is even larger at $22 ...
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