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.

Affirm Updates BNPL App Ahead of Holiday Shopping Season
Affirm Updates BNPL App Ahead of Holiday Shopping Season
October 30, 2024  |  Buy Now Pay Later

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now...

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Cut the Coupons: Mondelēz and SKUx See Blockchain Transforming Retail Promotions
Cut the Coupons: Mondelēz and SKUx See Blockchain Transforming Retail Promotions
October 30, 2024  |  Blockchain

Technology can revolutionize industries when applied thoughtfully. When it comes to evolving customer engagement strategies, particularly across the traditional couponing and promotional landscape, innovation is...

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Shopify Finance Streamlines Merchant Payments, Bill Pay and Credit
Shopify Finance Streamlines Merchant Payments, Bill Pay and Credit
October 29, 2024  |  Retail

Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions. “Practices like rigid repayment terms, credit history requirements, or months-long loan...

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Viably and Airwallex Launch Cross-Border Payment Solution for eCommerce Businesses
Viably and Airwallex Launch Cross-Border Payment Solution for eCommerce Businesses
October 29, 2024  |  Partnerships

Viably and Airwallex have partnered on a solution that enables eCommerce businesses to simplify cross-border transactions and manage multiple currencies in a single account. The...

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Japanese Fashion Brand GU’s Seamless Shopping Experience Now Open in US
Japanese Fashion Brand GU’s Seamless Shopping Experience Now Open in US
October 29, 2024  |  Retail

GU, a Japanese fashion brand and sister company to Uniqlo, launched its first U.S. flagship store in New York and its eCommerce platform last month....

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The RealReal Promotes COO Rati Sahi Levesque to CEO
The RealReal Promotes COO Rati Sahi Levesque to CEO
October 28, 2024  |  eCommerce

The RealReal has appointed President and Chief Operating Officer Rati Sahi Levesque as president and CEO and as a member of the board. Levesque succeeds...

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Amazon and Google File Dual Lawsuits Against Fake Review Site
Amazon and Google File Dual Lawsuits Against Fake Review Site
October 28, 2024  |  Legal

Amazon and Google are taking action against a website that generates fake product/business reviews. The two tech giants have filed parallel lawsuits against Bigboostup.com, accusing it of selling...

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Amazon Adds Personalized Recommendations to Shopping App
Amazon Adds Personalized Recommendations to Shopping App
October 27, 2024  |  Amazon

Amazon says it is adding more personalization features with the updates to its Shopping app. “Personalization helps customers find what they’re looking for faster, and...

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Amazon Grocery Stores Leader Tony Hoggett to Leave Company
Amazon Grocery Stores Leader Tony Hoggett to Leave Company
October 25, 2024  |  Personnel

Amazon SVP Worldwide Grocery Stores Tony Hoggett will be leaving the company. “After nearly three years at Amazon, it’s time for the next step in...

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