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Report: Social Commerce Market Reaches $89B

PYMNTS

In fact a new report puts the global market for social commerce at $89.4 billion by 2027, growing at a CAGR of 31.4 If a fashion company, for example, decides to put a fashion show online with links to purchasing the goods, it will need to advertise the show and its availability. billion this year and says it will reach $604.5

Marketing 209
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Innovative Approaches To Retail, Digital Payments And Healthcare 

PYMNTS

The rise in online shopping amid the pandemic is making digital payment options essential to healthy cash flow. And shoppers want technology solutions like self-checkout in post-COVID-19 retail environments, while healthcare companies are teaming with pharmacies to provide patients with access to primary care clinics.

Retail 136
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Shift4 Payments Rebrands 3dcart, Launches eCommerce Platform Shift4Shop

PYMNTS

Shift4Shop helps businesses create eCommerce websites to start selling their goods and services online. The platform offers website templates, product and order management, and marketing tools. The overall contactless payment market is expected to hit $4.68 trillion by 2027, according to a June report.

Payments 141
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Mercari Acquires Rival Marketplace App Origami

PYMNTS

Mercari , the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami , a payments platform also in Japan. markets against larger companies with similar business models like Craigslist and eBay, Mercari intends to improve current money losses with the expansion. With plans to compete in U.S.

Training 140
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

With more consumers than ever going online to shop and pay, merchants are building and expanding their digital capabilities to meet this demand for digital commerce. There are many technologies that can help keep customers’ data safe, with increasing market interest in tokenization in particular.

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Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to seamlessly support a new flood of digital consumers’ requests, as well as the data that comes with them. Around The Cloud Banking World.

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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs.

Lending 163