e-commerce
BusinessThe Inevitable Shift to Mcommerce in Emerging Economies
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BusinessWhy Cross-Border Payments Platforms Hold the Keys to UK Business’ Launch Into Asia
Keep Your PSPs Close, and Your Fraud Prevention Partners Closer
Date: September 30, 2022
By Aaron Begner, EMEA General Manager, Forter The payments ecosystem is increasingly dynamic and so too is the fraud landscape that threatens it. The UK is the second-largest country for online transactions in 2022; this is set to continue, despite ongoing global supply chain issues and inflationary pressure. At the same time, this increase in...
E-Commerce in the Land of Cherry Blossoms
Date: September 7, 2022
Selling to Japanese consumers has long represented a compelling proposition for Western businesses – offering access to a large market of generally wealthy consumers. To date, few have taken full advantage of this opportunity, with many held back by high hurdles to entry, including linguistic and cultural differences. Yet as technology advances, the right support...
Leading Industry Players Struggle as Digital Disruptors Seize Control of Consumer Markets
Date: August 29, 2022
By Kevin O’Connell, Chief Product Officer at Trust Payments The past two years upended the retail industry, forcing the closure of physical stores and a surge in demand for e-commerce products and services. Due to this abrupt shift, many businesses were scrambling in search of alternative payment channels, which led to merchants incorporating digital payment...
Richemont to Sell Online Retailer Stake to Farfetch, Takes 2.7 Billion Euro Writedown
Date: August 24, 2022
By Silke Koltrowitz and Mimosa Spencer ZURICH (Reuters) -Richemont Wednesday announced a long-awaited deal to offload most of its online fashion retailer YOOX Net-A-Porter (YNAP), clearing the way for its labels to sign up for technology run by luxury e-commerce specialist Farfetch. The deal, removing from its books a loss-making business that had become a...
PostNL Cuts Profit Forecast, Plans Price Increases to Cope With Higher Costs
Date: August 8, 2022
By Elitsa Gadeva (Reuters) -Dutch postal company PostNL on Monday cut its 2022 earnings outlook for the second time this year and said it would raise prices in 2023 to combat soaring costs and waning e-commerce volumes. Postal operators, who benefited from a surge in online shopping during coronavirus lockdowns, now face higher labour and...
How to Combat the Growing Problem of Synthetic Identity Fraud
Date: July 15, 2022
By Christian Mangold, CEO Fraugster Key Takeaways: Synthetic identity fraud, involving the creation of a fake identity by combining stolen IDs with real user data, has grown into a €19.38bn problem for ecommerce, rising by 109% YoY. Increasing number of data breaches, ease of access to fake IDs via the dark web and an endless supply...