PYMNTS-MonitorEdge-May-2024

ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Amazon Uses Technology and Legal Action to Combat Fake Reviews
Amazon Uses Technology and Legal Action to Combat Fake Reviews
October 14, 2024  |  Security & Fraud

Amazon said Monday (Oct. 14) that it has been using legal action and other methods to combat fake reviews and prevent those reviews from being...

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What on-Soil Requests Mean for Cross-Border Payments Compliance
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024  |  Regulation

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services,...

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JOOR Cracks the Code on B2B Payments for Wholesale Fashion Industry
JOOR Cracks the Code on B2B Payments for Wholesale Fashion Industry
October 14, 2024  |  Retail

The biggest trend this fall in fashion retail? It’s independent retailers, Kristin Savilia, CEO at JOOR told PYMNTS’ Karen Webster. “Independent retailers are having their moment right...

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Amazon’s Robotics Revolution: Transforming Fulfillment Centers to Enhance Efficiency
Amazon’s Robotics Revolution: Transforming Fulfillment Centers to Enhance Efficiency
October 11, 2024  |  Amazon

As Amazon seeks to redefine the future of logistics, the company is leveraging robotics to streamline its operations and enhance customer experiences, a process that...

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Making Sense of B2B2C Marketing’s Growing Role Across Connected Commerce
Making Sense of B2B2C Marketing’s Growing Role Across Connected Commerce
October 11, 2024  |  Partnerships

Business-to-business-to-consumer (B2B2C) marketing may look like a word salad at first glance. But that word salad could be key to unlocking healthy growth for companies...

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This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
October 11, 2024  |  artificial intelligence

As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize...

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Walmart and Amazon Turn to GenAI and Ditch the ‘Search’ Bar
Walmart and Amazon Turn to GenAI and Ditch the ‘Search’ Bar
October 11, 2024  |  Walmart Amazon whole paycheck

As Walmart and Amazon compete to provide the best online shopping experiences, both are increasing their use of generative AI (GenAI) to improve search offerings....

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43% of Gen Z Consumers Prefer Buying Direct From Brands
43% of Gen Z Consumers Prefer Buying Direct From Brands
October 11, 2024  |  Retail

As younger consumers reshape the retail landscape, their motivations, preferences, and behaviors provide invaluable insights for brands and retailers striving to stay ahead. A PYMNTS...

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ClearCourse Acquires B2B eCommerce Platform GOb2b
ClearCourse Acquires B2B eCommerce Platform GOb2b
October 10, 2024  |  Acquisitions

Software and embedded payments specialist ClearCourse, which has made more than 40 acquisitions since 2018, has acquired business-to-business (B2B) eCommerce platform GOb2b. The transaction will...

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