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Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.
payment fraud, cybercrime, retail, research, PSD3
Cloud-based retail solutions provider Tulip has announced a strategic partnership with the financial infrastructure platform for businesses Stripe.
partnership, payments , fintech, paytech, POS, merchants, ecommerce, retail
Klarna, a payments and shopping platform, has announced new features and updates that aim to give users a more personalised shopping experience.
product upgrade, payments , fintech, BNPL, artificial intelligence
Ecommerce risk intelligence company Riskified has announced partnering with fraud and financial crime advisory services company Deloitte in order to provide merchants with real-time insight into how their chargebacks, approval rates, and fraud costs compare to similar companies in their space.
Payment service provider Worldline has launched a shopping mall as a white-label solution in Decentraland to enable all-industry companies worldwide to enter the metaverse.
product launch, metaverse, Web 3.0, ecommerce, marketplace, online shopping, digitalisation, digital assets, cross-border ecommerce, retail, banking, cryptocurrency, financial services, fintech
Mark Beresford, Director at Edgar, Dunn & Company (EDC), provides pointers on how retailers can deal with returns and bracketing, and he elaborates on the benefits of having a clear return policy.
ecommerce, retail, merchants
Ikbel Snoussi, Head of Retail Payment Practice at Rhapsodies Conseil, tackles the topic of diversity at checkout, debating whether increased variety ends up being helpful or confusing for customers.
cross-border payments, ecommerce, payment methods, checkout optimisation
UK-based fashion retail company ASOS has partnered with non-profit organisation GoodWeave to assess the compliance with human rights of fashion suppliers based in India.
ecommerce, retail, sustainability , compliance, partnership
Pedro Bennasar, Head of Payments at Vestiaire Collective, explains what ‘re-commerce’ means for online brands, and he elaborates on the main drivers behind this growing global trend.
sustainability , online shopping, marketplace, Vestiaire Collective, carbon footprint, climate change, customer experience, digitalisation, ecommerce, online payments, retail, BNPL, Open Banking
Italy’s antitrust agency has penalised online fashion retailer Yoox Net-A-Porter (YNAP) with USD 5.69 million over misleading pricing and its returns policy.
ecommerce, regulation, retail, online shopping, fraud prevention
UK-based payment orchestration provider BR-DGE has partnered tour operator Kenwood Travel to support a seamless online checkout experience for customers.
partnership, customer experience, online payments, travel payments
Li-Xiong Chu, Director & Senior Advisor at Dr2 Consultants, reveals the future trends in live streaming commerce with insights into omnichannel integration, Metaverse and more.
payment methods, ecommerce, online shopping, marketplace, Augmented Reality, omnichannel
Revolut has launched a new service called ‘Shops’ which lets Irish users buy products from more than 1,000 brands, while also earning cashback.
product launch, cashback, retail, BNPL, transactions
Swiss department store chain Globus has teamed up with credit card company Swisscard to offer American Express Platinum Card holders exclusive benefits.
partnership, credit card, loyalty programme, merchant, ecommerce, luxury goods
Thunes, a cross-border payments company, has partnered with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group.
partnership, merchants, cross-border payments, e-wallet, mobile payments
Australia-based, Buy Now, Pay Later company Afterpay has released a series of limited-edition non-fungible tokens (NFTs) for New York Fashion Week.
NFT, partnership, cryptocurrency, BNPL
India-based Tata Neu has partnered HDFC Bank in order to release two co-branded credit card variants available on the RuPay and Visa networks.
partnership, credit card, cashback, financial services
Yapily has announced its expansion to Portugal, as the company continues to grow its Open Finance platform in Europe.
Open Banking, Open Finance, expansion
BitPay, provider of Bitcoin and cryptocurrency payment services, has announced support for two new cryptocurrencies: ApeCoin (APE) and Euro Coin (EUROC), with Gucci starting to use ApeCoin.
cryptocurrency, ecommerce, digital wallet, digital payments, digital assets
Canada-based creator of NFT collection on the Ethereum blockchain, CryptoPunks, has announced that users can buy a handcrafted pendant modeled after their NFT from American luxury jewellery brand, Tiffany & Co.
NFT, blockchain, Ethereum, luxury goods, cryptocurrency, crypto, crypto asset, digital assets, Web 3.0, web3, metaverse