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Online Spending Could Top $124B Over The Holidays

PYMNTS

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 To arrive at the forecast, Adobe Analytics took a look at transactions at 80 of the top 100 retailers in the United States along with visits by consumers to U.S. percent growth the retail market saw one year ago.

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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

PYMNTS

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. As of 2017, online retail sales account for 12 percent of total retail transactions in the United States, but 50 percent of retail sales growth over the span of the previous year.

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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. as relations between the two nations began to improve in 2014. We’re super-happy.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms.

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Afterpay Teams With Simon Before Holiday Shopping Season

PYMNTS

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. However, these purchases can be viewed as too costly in a market full of less expensive alternatives.

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How The COVID-19 Pandemic Is Driving Remote Online Notarization?s Adoption

PYMNTS

These reasons are driving a surge of interest in and use of remote online notarization (RON) services, according to James Schlimmer , managing partner of Naples, Florida-based notary firm Cottrell Title & Escrow. The COVID-19 crisis has been a catalyst for RON adoption in the United States,” Schlimmer said in an interview with PYMNTS.

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Can Cannabis Commerce Go Online?

PYMNTS

And as marijuana becomes less the exciting and elicit provenance of hardcore Grateful Dead fans and everyone’s burnout cousin and becomes more the provenance of mainstream customers, a problem is beginning to surface in the cannabis market, according to Socrates Rosenfeld, cofounder and CEO of Jane Technologies.

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