As battles royale go, the retail wrestling match between Amazon and Walmart is getting brutal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Happy Returns, a startup that aims to make returning eCommerce goods easier for both shoppers and sellers, has been acquired by PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
India’s Flipkart is out to raise at least $1 billion as it looks at launching an initial public offering (IPO) of stock in the U.S. Sources told the Economic Times of India that the round of funding for Flipkart, which is majority owned by Walmart,...
ByteDance, which brought TikTok to the world, is adding thousands of employees as part of a plan to challenge Alibaba in eCommerce, Bloomberg reported. Among the new employees are hundreds who are tasked with identifying potential counterfeits before they reach customers. The company has also...
Kount, an Equifax company, revealed its Kount Dispute and Chargeback Management Solution, which links major card brand dispute and alert platforms with artificial intelligence (AI)-fueled fraud prevention. The offering stops chargebacks and sales losses from happening through a solution and dashboard, according to an announcement....
Another wild week in payments and commerce — perhaps one a bit wilder than usual as the week kicked off with a commerce holiday dedicated entirely to buying Star Wars merchandise and will conclude with cryptocurrency Doge Coin’s value potentially going “to the moon” this...
A warehouse space shortage fueled by the rise in eCommerce is disrupting the economy in Toronto, Canada’s largest city, and threatening to eat up all of the available storage space in the country, Bloomberg reported Wednesday (May 5) Get the Full Story Complete the form...
Global payment and commerce platform Payoneer is working with eBay to allow sellers in some countries to get paid for their sales on eBay’s marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Fraud-prevention technology company Riskified rolled out the newest iteration of Deco, which is a live technology for recouping orders lost to card-not-present (CNP) payment authorization failures, according to a Tuesday (May 4) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock...
