Remove eCommerce Remove Economics Remove Securities
article thumbnail

Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

PYMNTS

There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. With a focus on enabling corporations to manage payroll in a remote work environment, India-based Skuad has reportedly secured a $4 million seed investment round , according to the Economic Times of India.

B2B 84
article thumbnail

Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend

PYMNTS

1) after the first major data report of the fourth quarter showed a continuation of America’s recent economic woes. New figures from the Bureau of Economic Analysis showed that personal income fell 2.7 Hopes for fresh signs of strength heading into the holiday shopping season were crimped Thursday (Oct.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding

PYMNTS

Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. The company puts a twist on the traditional eCommerce playbook by offering a social aspect – shoppers who team up with friends or family can get discounts by making group orders.

article thumbnail

How 5G Rollouts May Get Boost from COVID-19

PYMNTS

In the maelstrom of daily life grappling with COVID-19, the rollout of 5G , the fifth-generation network that features downloading speeds reportedly 100 times faster than that of 4G, may accelerate even as economic headwinds gather. And eCommerce, increasingly, is becoming the only way we can shop.

Economics 139
article thumbnail

CyberSource: Helping Merchants Prepare For eCommerce ‘Mini Peaks’

PYMNTS

Amid the continued shift to eCommerce, peak season is getting redefined to the point that platforms and even countries are “manufacturing” their own huge events spanning borders and currencies. The conversation came as eCommerce is growing five times faster than in-store sales, at a compound annual growth rate of 9.5 percent versus 1.4

article thumbnail

New Data: Twice As Many Online Shoppers Believe Credit Cards Are More Secure Than Debit Cards

PYMNTS

What’s more remarkable is the resistance to using debit online even though debit use overall has been growing during the pandemic — a phenomenon attributed to the economic anxieties and budgetary concerns it has engendered. consumers, offers an in-depth examination of how and why consumers choose to pay online.

article thumbnail

B2B eCommerce, Business Banking Tech Open VC Wallets

PYMNTS

India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce. Brazil's BizCapital , a financial service provider for small- to medium-sized businesses (SMBs), secured $3 million in funding from Oikocredit, the company said this week. This week's roundup includes startups from the U.S.,

B2B 64