article thumbnail

2019 To See Increase In Nation-State Cyberattacks, Ransomware

PYMNTS

companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” Ackerman also warned that another wave of ransomware is expected to hit in 2019. According to Robert Ackerman, Jr., ” Those cyberattacks cost companies in all areas.

National 192
article thumbnail

Online Sales Projected To Settle At 16.5 Pct Growth Rate

PYMNTS

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 percent in 2019. The firm forecasts an overall $3.914 trillion in online shopping sales in 2020 per an announcement.

Online 237
Insiders

Sign Up for our Newsletter

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

article thumbnail

Uber Cleared To Buy Online Grocer Cornershop

PYMNTS

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019.

Online 163
article thumbnail

Retailers Expect 26 Pct. Spike On National Returns Day

PYMNTS

As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 A 2018 report from the Appriss Retail and National Retail Federation noted that roughly 10 percent of products sold in the U.S. million gifts and other products back to U.S.

National 131
article thumbnail

Gap Inc. Online Sales Jump 61 Pct Amid Drop In Store Sales

PYMNTS

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. But all in, Gap Global’s net sales dropped 14 percent year over year, with comparable sales for the brand falling 5 percent from Q3 2019. billion at Q3 2019’s end. said Tuesday (Nov. Gap added that it finished Q3 with $2.6

Online 170
article thumbnail

Antitrust Regulator OKs Uber Buy Of Chilean Online Grocer Cornershop

PYMNTS

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019.

article thumbnail

NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

NJ 131