Online Marketplaces And The $1.8T Counterfeit Problem

PYMNTS

Online sales of such products are projected to reach $1.8 She recently told PYMNTS about how online marketplaces, government agencies and other eCommerce players are tackling the increase in counterfeit products and the problems involved in stopping them from being sold.

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Online B2B Marketplaces See New Funding Rounds 

PYMNTS

The company bills itself as a “one-stop source” for construction materials such as ready-mix cement, bringing buyers and sellers together online. B2B Payments Accel B2B digital payments ecommerce funding infra.market Investment News online ratelt Supply Chain VC

Online 224

The Best Online Banks Right Now

Bank Innovation

Keeping your money in a bank is common sense at this point, but online banking is – unfortunately – not something many people have grown accustomed to, yet.

Online 189

Monster: Job Seekers’ Resumes Were Exposed Online

PYMNTS

Monster.com was the victim of a data breach caused by an exposed web server, but failed to inform users about the incident.

Online 261

Online Lenders Prepare For A Recession

PYMNTS

Online lenders in the U.S. Reuters , citing interviews with half a dozen online lenders, reported the companies are worried that a recession could hit the U.S. It would be a test for many of the online lenders that haven’t lived through an economic downturn.

Online 254

How online gaming created a challenger bank

Chris Skinner

What was not surprising is that the lion’s … The post How online gaming created a challenger bank appeared first on Chris Skinner's blog. I was chairing a panel with a number of different players, one of which was Monzo.

Online 281

Keeping Online Counterfeits Off Luxury Marketplaces

PYMNTS

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Online Luxury and the Importance of Authentication.

Online 167

Square Rolls Out Online Store For UK Sellers

PYMNTS

Square , the payments provider, announced Tuesday (April 9) the launch of the Square Online store for U.K. In a press release , Square said the Square Online Store provides small and medium sized enterprises with one solution for their omnichannel or online-only business.

Online 241

Hong Kong Issues More Online Banking Licenses

PYMNTS

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital.

Online 218

PayPal Invests $11M In Online Return Service

PYMNTS

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.”

Online 214

Shape Shifting: Future Trends Transforming Online Payments

Mobile Payments Today

FSS examines key trends reshaping online payments A rapid transformation is at play in the world of digital payments.

Trends 142

LINE To Bring Online Grocery Service To Thailand

PYMNTS

Japanese chat app operator Line is set to launch an online grocery service in Thailand by the end of the year. Retail B2B Payments digital ecommerce Japan Line News online grocery Thailand What's Hot

Online 246

PayPal Launches Invoice API For Online Sellers

PYMNTS

PayPal is introducing an electronic invoicing application programming interface (API) for online sellers in an effort to promote PayPal’s presence on eCommerce and other digital platforms.

Online 237

SNB Survey Finds Just 50 Percent Of Swiss Bank Online

PYMNTS

A new survey of 34 banks in Switzerland showed that only about 50 percent of the population bank online, according to a report by Reuters. . The survey included questions about things like how much customers actually want the ability to make payments online. .

Survey 195

QuickBooks Integrates Employee Benefits Into Online Payroll

PYMNTS

QuickBooks Online Payroll customers can now use the payroll platform to offer employees healthcare benefits, the company reported on Tuesday (Aug. 27) in a press release.

Online 208

Online Retailers Face New Threats From Hackers

PYMNTS

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. That’s hardly the only recent hack involving online retail activity, nor the only form of such criminality.

Retail 279

Online Grocery Ordering Coming To SNAP Recipients

PYMNTS

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP).

Online 202

Online Liquor Sales Are Booming – Can Digital ID Keep Up?

PYMNTS

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans.

Online 234

How Card-On-File Is Changing Online Consumer Shopping

PYMNTS

When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. percent use it for online subscriptions.

Online 271

Redfin Testing Online Real Estate Bids

PYMNTS

Redfin Chief Executive Glenn Kelman told The New York Times that at the end of March it started accepting online bids from people who aren’t represented by a real estate agent. Making an offer for a home online may seem like a no-brainer as everything moves into the digital world.

Online 168

Grovara CEO Talks International, Online B2B Commerce

PYMNTS

Looking beyond the company-specific impact of the announcement, Groverman said, B2B on a global stage is especially well served through an online marketplace model. Doing business internationally has its rewards, with new markets to tap, and top-line growth in the offing.

Online 213

Real-Time Reimbursements Boost Online Shopping Satisfaction

PYMNTS

The rise in online shopping means more shoppers needing refunds on returned merchandise. Twenty-five to 30 percent of online orders are returned, three times higher than physical purchases.

Online 258

Online Shopping Prompts Retailers To Leave Malls

PYMNTS

More retailers are leaving malls than ever before as online shopping soars and debt-ridden chains collapse. Household names like Sears and Victoria’s Secret are among the 7,400-plus stores closing in 2019, Financial Times reports.

Retail 232

Degrees Of Fraud: Digital Identity At Online Universities

PYMNTS

Online universities have become common as more students seek convenient, flexible ways to earn degrees. Western Governors University (WGU), a nonprofit online university based in Salt Lake City, was founded in 1997 by 19 governors of western U.S.

Online 239

Online Porn Pays Off for Fraudsters

PYMNTS

Pornography also plays a role in online fraud and cyberattacks involving ransom, as demonstrated this week in a case involving a 24-year-old student sentenced to six years imprisonment in the U.K. accounts accessible online.

Online 195

How An Online Automotive Deal Is Fueling A Retail Trend

PYMNTS

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles. Retail Automotive Sales ecommerce News online car sale

Trends 192

Stripe Rolls Out New Product To Help Online Businesses Tap Funds

PYMNTS

It remains difficult for online businesses to get access to capital. Online-first retailers like Warby Parker are using Terminal to build a fully-customized in-person checkout. Loans access B2B Internet companies loan News online businesses Stripe Stripe Capital What's Hot Xirsys

Online 227

Bebe Launches Revamped Online Store, Loyalty Program

PYMNTS

Bebe, eCommerce, online store, loyalty program, clubbebe, website, online shopping, women’s fashion, women’s clothing, retail, news. The retailer bebe has launched a new online store and an enhanced customer loyalty program, partnering with Branded Online on both projects.

Online 200

Report: The Risky Business Of Navigating Online Sales Tax For Merchants

PYMNTS

consumers are expected to be shopping online by 2021. Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. headquartered online shopping marketplace Fruugo.

Taxes 228

How Starbucks Elevates Online Ordering In China

PYMNTS

In addition, online orders from Starbucks Delivers and Starbucks Now will be stored in an in-wall system with a pickup portal that is associated with every order. The news comes as the latest PYMNTS Mobile-Order Ahead Tracker found that almost half – or 45 percent – of customers say mobile options would encourage them to more frequently use online ordering services. Retail china coffee chain delivery Luckin mobile order ahead News online ordering QSR starbucks

Online 163

PayPal Launches eCommerce Platform For Online Merchants

PYMNTS

PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms.

Online 270

Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

About 80 percent of gamblers are now betting online. Legal online sports gambling is providing business opportunities not only to payment services providers but also to companies that sell digital ID authentication services.

NJ 160

Millennials SME Owners Prefer Online Alternative Lenders to Tradtional Ones

Bank Innovation

Online alternative lenders are gaining momentum with U.S. SMEs have used online alternative lenders (P2P lenders or marketplace lending platforms) […]. DataBank Lending Online Open Fintech Startups alternative lender millenial investing SME lending

Online 218

March Madness: Next Big Chance For Legal Online Sports Betting

PYMNTS

March Madness has a new flavor this year: legal online betting. billion – on their favored teams via sportbooks, either in person or online, with other bookies or just with friends. 3 Super Bowl on which bettors have been able to place legal online wagers.

Online 216

Online Holiday Spending Already A Record-Breaker

PYMNTS

Christmas is just around the corner, and online holiday shoppers have been busier and spending more than ever, according to a new report. Online sales reached $80.3 It’s the largest online shopping period ever, beating out last year’s total of $67.7

Online 195

Tide Follows Starling In Online SMB Banking Push

PYMNTS

Tide, which targets small and medium-sized business (SMB) customers, announced it will now allow SMBs to sign up for accounts online, according to AltFi reports Friday (Sept. The online account opening tool will go live Monday (Sept. Another U.K.

Online 141

Authentication Provides The Real Action For Online Gambling

PYMNTS

As online gamblers all but feast on the odds and brackets of the ongoing NCAA Division I Men’s Basketball Tournament in the U.S. – In that spirit, most consumers understand the need for a relatively involved onboarding process when first signing up for an online gambling site or service.

Online 205

Over 400M Facebook Users’ Records Exposed Online

PYMNTS

A security researcher has found an exposed server containing hundreds of millions of phone numbers linked to Facebook accounts, TechCrunch reported Wednesday (Sept.

Online 176

Baidu, China Citic Online Bank Approved

Bank Innovation

China Citic Bank and search engine Baidu got the greenlight to go forward with their joint online banking venture. The bank will be exclusively online, according to reports, […]. Exclusive Lending Online Payments Retail Baidu China Citic Bank online banking

Online 151

Online Brands Focus On Mobile For Custom Children’s Eyeglasses

PYMNTS

Retail customization ecommerce eyeglasses Fitz Frames glasses News online orderingEntrepreneurs often start companies stemming from their personal experiences. Heidi Hertel founded Fitz Frames , for instance, after her experiences with buying eyeglasses with her children.

Yields Yielding (Poached) Customers For Online Banks?

PYMNTS

However, as noted by some research from Nerdwallet conducted on behalf of USA Today , across more than 2,000 adults, 21 percent have transferred funds to online banks that pay at least 2 percent interest. Digital Banking banking Chase Interest Rates investing jpmorgan News online banks

Online 151

Stripe Says SCA Puts Billions Of Online Sales At Risk

PYMNTS

According to a report in The Financial Times , the new rules, which require more verification for online payments of more than €30 and go into effect in September, require big changes to processes and technology at retailers, banks and payment groups.

Online 201

DBS, Xero Create Online Payment Solution for Singapore SMEs

Bank Innovation

Singapore-based bank DBS has partnered with technology provider Xero to build an online payment solution for small and medium-sized enterprises, the companies announced today. Exclusive Online Payments DBS Bank online payments Singapore fintech SMEs xero

Online 172