PYMNTS-MonitorEdge-May-2024

shopify

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary E-Commerce platform for online stores and retail point-of-sale systems.

Source: shopify.com

Shopify and Volt Forge Open Banking Partnership
Shopify and Volt Forge Open Banking Partnership
June 14, 2023  |  Partnerships

eCommerce company Shopify has named Volt as its open banking partner. Merchants in Europe, the United Kingdom and Brazil that have integrated Shopify can now...

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Flexport Completes Shopify Logistics Acquisition for Last-Mile Delivery
Flexport Completes Shopify Logistics Acquisition for Last-Mile Delivery
June 06, 2023  |  B2B Payments

Global logistics company Flexport has acquired Shopify Logistics, adding eCommerce fulfillment, B2B distribution and last-mile delivery to the company’s portfolio of services. The deal made Flexport...

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Shopify Launches Rewards Program for Users of Shop Pay
Shopify Launches Rewards Program for Users of Shop Pay
June 02, 2023  |  Retail

Shopify has launched a new rewards program for users of Shop Pay in the United States. The new Shop Cash program gives customers making eligible...

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CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
May 15, 2023  |  Connected Economy

Earnings season is wrapping up.  And movement in the “Shopping” and “Live” pillars helped determine the fate of the CE 100 Index, which lost 0.3%...

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Shopify eCommerce Refocus Includes Recruiting Celebrity Brands like The Row
Shopify eCommerce Refocus Includes Recruiting Celebrity Brands like The Row
May 08, 2023  |  Retail

From luxury fashion to tequila, Shopify remains a popular choice among celebrities for launching brands. During the first quarter of 2023, Mary-Kate and Ashley Olsen’s...

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CE 100 Index Slips as Shopify’s Surge Not Enough to Offset Fiverr’s Slide
CE 100 Index Slips as Shopify’s Surge Not Enough to Offset Fiverr’s Slide
May 08, 2023  |  Connected Economy

The CE 100 Index lost 0.5% in a week crowded with earnings reports. Shopify’s corporate transformation, and resulting 28% gain in share price, was overshadowed...

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Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
May 05, 2023  |  Security & Fraud

Equifax has launched a fraud protection tool for Shopify designed for small business merchants. The new Kount Essentials application joins the company’s Kount Advanced app...

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Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
May 05, 2023  |  eCommerce

Despite advancements in eCommerce technology, businesses that operate in digital commerce, particularly those with multiple storefronts, still lack a complete and unified multi-platform overview of...

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Shopify Cuts 20% of Staff After Sale of Logistics Unit
Shopify Cuts 20% of Staff After Sale of Logistics Unit
May 04, 2023  |  Personnel

Shopify is letting go more than 2,000 workers amid a renewed focus on eCommerce. The company announced Thursday (May 4) that it was reducing the size of...

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