PYMNTS

FEBRUARY 24, 2020

In the February 2020 B2B eCommerce Report , done in collaboration with American Express , we learn how B2B buyers and sellers are using eCommerce to bypass outdated paper-based billing and payment terms. China’s eCommerce titan Alibaba is capitalizing on that. After all, B2B eCommerce will be a $1.1 Where’s the Trust?

B2B 73

B2B eCommerce Accounts Payable B2C 73

PYMNTS

SEPTEMBER 16, 2020

Chinese authorities have made a series of arrests alleging more than $2 billion was laundered at offshore gambling sites through faux eCommerce purchases. Under the scam, alleged cybercriminals make the online purchases while the same sum is then credited to their gambling account.

eCommerce 124

eCommerce Currencies Banking Securities 124

PYMNTS

OCTOBER 6, 2020

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. Even establishing accounts during the great digital shift has been a challenge.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

SEPTEMBER 22, 2020

With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution. As such, online shopping for small retailers must be streamlined, efficient, and most importantly, secure.

B2B 94

B2B eCommerce Prioritization Securities 94

PYMNTS

AUGUST 14, 2020

The eCommerce landscape is shifting on multiple fronts, with sellers embracing digital channels and adjusting their business models to a new reality of customer demands. This may be a challenge for organizations that already have experience with eCommerce. On the other side of the eCommerce ecosystem is the business-to-business model.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

NOVEMBER 19, 2020

As more seller organizations embrace the B2B eCommerce model, they're quickly coming to realize that for buyers, the B2B payment experience begins right at the moment of onboarding. But onboarding isn't just about obtaining bank account or payment details of a potential buyer. Emerging Business Models.

B2B 105

B2B eCommerce B2C Prioritization 105

PYMNTS

APRIL 27, 2020

As the digital shift continues to keep pace with post-coronavirus shopping behaviors, eCommerce fraud is growing with it. The biggest problem in IT is still the basic fact that most companies cannot completely defend their basic security,” says biometrics expert and consultant Mike Cherry. In other words, a hack is a hack.

eCommerce 65

eCommerce Securities Technology Accounting 65

PYMNTS

OCTOBER 16, 2020

Going straight to the heart of the matter, PYMNTS’ October Digital Identity Tracker® , done in collaboration with Jumio , states that “consumers’ growing digital habits are prompting many digital identity solution providers to view verification as part of the consumer engagement process as well as a means to ensure security and privacy.”.

eCommerce 75

eCommerce Securities Accounting Retail 75

PYMNTS

OCTOBER 13, 2020

Consumers are relying more heavily on eCommerce during the pandemic, and they have high standards for what digital shopping should be like. Shoppers may be quick to take their business elsewhere if these demands are not met, with 66 percent of respondents saying they had at least once given up opening accounts due to poor experiences.

Accounting 69

Accounting eCommerce Securities Leverage 69

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. But put the same consumer online and the story is very different.

Securities 106

Securities Prioritization Numbers eCommerce 106

PYMNTS

MAY 13, 2020

The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. In terms of mechanics, the tokens replace cardholders’ 16-digit Visa account numbers with tokens that only the payments network can unlock for one-time or recurring transactions. The Click To Pay Transition.

eCommerce 100

eCommerce Securities Manufacturing Technology 100

PYMNTS

DECEMBER 10, 2020

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

Accounts Payable 60

Accounts Payable Accounting B2B Invoicing 60

PYMNTS

MAY 8, 2020

Building that experience properly, he noted, means allowing consumers to create accounts with stored credentials and data — because to build a competitive digital service means building one that works smoothly, not one that consumers have to continually relog into.

Securities 97

Securities Forecasting eCommerce Retail 97

PYMNTS

JANUARY 30, 2020

Debit network PULSE recently sought to boost its security by adopting a FICO fraud detection platform that can help it quickly detect and respond to suspicious activities. That direct connection between debit cards and their users’ bank accounts can turn into a problem, should fraudsters get their hands on the cards. The solution is.

Securities 73

Securities Retail Banking eCommerce 73

PYMNTS

AUGUST 12, 2020

The eCommerce industry is trying to find balance as more consumers purchase via digital channels while overall customer spending is dipping during the pandemic. Keeping verification safe as well as seamless is essential, even as eCommerce marketplaces respond to customers’ changing needs and payment behaviors during the pandemic.

eCommerce 79

eCommerce Sales Banking Securities 79

PYMNTS

DECEMBER 30, 2020

There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Snap Accounts Payable, otherwise known as SnapAP, has announced the completion of the first stage of funding from angel investors as it continues on its way toward a planned $2 million seed investment round.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

OCTOBER 8, 2018

So, when it comes to accessing their accounts to shop online, the way they are authenticating needs to be a footnote at best. That’s not to say consumers don’t want top-notch security, according to the PYMNTS Digital Identity Lifestyle Capsule , a Socure collaboration. About The Report.

Securities 73

Securities eCommerce Accounting Numbers 73

PYMNTS

NOVEMBER 24, 2020

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. Indeed, business-to-business (B2B) eCommerce is a thriving market that, today, is growing even more quickly as a result of the coronavirus crisis.

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

JANUARY 24, 2020

Global eCommerce is growing so fast that some cities are struggling to handle the package delivery trucks flooding their streets. Security’s New Face. Securing transactions requires robust measures by everyone involved, Fox said. trillion online in 2019 — an approximately 18 percent year-over-year increase in worldwide sales.

eCommerce 61

eCommerce Communication Securities Accounting 61

PYMNTS

FEBRUARY 5, 2020

The traditional holiday shopping season , which lasts from Black Friday onward, still accounts for roughly a quarter of annual sales for retailers in general, and for certain verticals, such as jewelers, a much bigger chunk of the annual top line. Redefining Peak Season. percent versus 1.4 The SCA Component. Looking at Points of Failure.

eCommerce 67

eCommerce Manufacturing Retail Sales 67

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Knutson explained how the virtual debit card space is evolving to support eCommerce and detailed what goes into a secure yet speedy virtual card application process. Virtual Card Payment Trends.

Securities 60

Securities eCommerce Numbers Retail 60

PYMNTS

JUNE 3, 2020

This means, according to Tharle, that fraudulently obtained monies can be moved through several accounts in the span of minutes, which makes the money trail virtually untraceable. By having good, ‘slick’ authentication, you get around some of the abandonment issues and put strong security in place,” he said.

eCommerce 71

eCommerce Leverage Securities Numbers 71

PYMNTS

FEBRUARY 21, 2020

There is plenty of opportunity as B2B eCommerce is expected to reach $1.1 This month’s Deep Dive examines the key fraud forms threatening B2B eCommerce as well as the strategies being implemented to overcome them. eCommerce forces vendors to trust strangers they may never meet. False Positives and Data Security.

B2B 61

B2B eCommerce B2C Securities 61

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Account Takeover Growth.

Accounting 47

Accounting Retail eCommerce Securities 47

PYMNTS

SEPTEMBER 23, 2019

bank account holders even if they are not American Express cardmembers. American Express is teaming with eCommerce merchants across a variety of industries, including Thai Airways, Hays Travel, the Royal Lancaster London hotel and others. Buyers can check their account balances and make online payments. “It’s

eCommerce 75

eCommerce Banking Accounting Planning 75

PYMNTS

DECEMBER 11, 2020

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. Core banking technology provider Modularbank , based in Estonia, has secured $4.85 Procurement Partners. Modularbank. the company said.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

FEBRUARY 20, 2020

Ensuring proceedings come together requires scheduling, coordinating participants’ transportation, securing speakers, finding and furnishing venues and more. A planner can be on a site visit and realize, ‘I need an account for this piece of the venue space,’ and can go online and adjust the order and get that change immediately,” she said.

B2B 67

B2B eCommerce Sales B2C 67

PYMNTS

SEPTEMBER 16, 2020

In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of two real-time payment features. Police Allege Money Launderers Are Using Chinese eCommerce Sites To Move Money. Square Launches On Demand Payroll.

eCommerce 71

eCommerce Budgeting Communication Retail 71

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Chinese companies have to work with banks and regulators, increasingly on a daily basis, as they pursue outbound eCommerce.

eCommerce 63

eCommerce Compliance Currencies Education 63

PYMNTS

MAY 8, 2019

In recent weeks, several companies have banded together to develop secure, seamless authentication tools. In other partnership news, financial services firm PayPal recently invested in blockchain security company Cambridge Blockchain. How Citi Taps Biometrics to Enhance ‘Security Perimeter’. Around the Digital Identity World.

Securities 68

Securities Treasury Banking eCommerce 68

PYMNTS

OCTOBER 3, 2019

Dama Financial, a financial services provider that collaborates with banks to provide services to the legal cannabis industry, is collaborating with Helix TCS on a B2B eCommerce platform for the marijuana sector. The companies announced in a press release Wednesday (Oct.

B2B 52

B2B eCommerce Compliance Banking 52

PYMNTS

SEPTEMBER 28, 2018

28) that shares of the eCommerce firm Infibeam Avenues Ltd plunged 71 percent after a WhatsApp message “circulated among traders” centering on the company’s accounting methods, causing holders to flee its stock. Bloomberg reported Friday (Sept.

eCommerce 62

eCommerce B2C B2B Securities 62

PYMNTS

NOVEMBER 26, 2020

Then the purchaser is given a request for pre-populated payments, and upon authorization, an "instant and irrevocable credit" is applied to the seller's account. HSBC also just recently introduced a new global payments tool, which PYMNTS reports will let international customers transfer funds through a single account anywhere in the world.

eCommerce 91

eCommerce Cash Management Accounting Banking 91

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

PYMNTS

NOVEMBER 28, 2017

The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and services from European Union members. 13, with some of the security measures not binding until September 2019. According to a Monday (Nov. The new rules will take effect on Jan.

Securities 46

Securities eCommerce Banking Accounting 46

PYMNTS

JUNE 5, 2020

It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic. Before that, it had taken roughly 10 years to grow from 6 percent in 2009 to 16 percent in 2019.

eCommerce 60

eCommerce Securities Entertainment Retail 60