Tagged: digital commerce

Concordium and Bitcoin.com Introduce Identity-Anchored, Verified Payments for Digital Wallets

Bitcoin.com and Concordium have joined forces to bring age-verification, and identity-anchored payments to users globally. Concordium’s identity-first blockchain – as well as its token, CCD, and suite of stablecoins – will become accessible to Bitcoin.com’s ecosystem, which includes networks like Ethereum, Polygon, and BNB Smart Chain…. Read More

UK Consumers Now More Willing to Let AI Handle Routine Commerce Tasks : Research

A study released recently by Checkout.com, a digital payments company, highlights the consumer buying behavior which is enabling the fast-evolving  digital economy. The research study, reportedly conducted with 4000 consumers across the United Kingdom and United States reveals a number of transformative trends, such as… Read More

AI Tools Expected to Enhance Digital Commerce Experience for UK Consumers, Report Reveals

KPMG bas noted recently that around 15% of UK consumers said that they intend to use AI chatbots (such as Chat GPT and Gemini) in order to search for various deals this Black Friday period, increasing to one in three among younger age groups –… Read More

Visa Agentic Commerce Solution to Enable Secure Communication between AI Agents and Merchants

Visa Inc. (NYSE: V) has introduced Trusted Agent Protocol, forming a foundational framework for agentic commerce that allows for more secure communication between AI agents and merchants. Trusted Agent Protocol aims to address the challenges facing agent-driven commerce, ushering in an era where AI is… Read More

Google and Blackhawk Network to Launch Gift Card Mall in Google Play

Blackhawk Network (BHN), a global branded payment solutions provider, announced it will partner with Google Play to launch a gift card mall in the Play Store. By combining BHN’s digital gifting portfolio and digital technology with the reach of Google Play, a digital content store,… Read More

Global Fintech Adyen Continues to Enable Digital Commerce with Flexible Payments

Global Fintech Adyen (AMS: ADYEN) has announced several partnerships in order to enhance payments and checkout experiences via digital commerce platforms. These collaborations—spanning cinemas, fashion retail, and high-end luxury—demonstrate Adyen’s focus and ability in unifying payments across channels, enabling brands to deliver more personalized, efficient… Read More

AI and Blockchain powered Digital Subscription Models Are Reportedly Enabling Secure Payments Systems

In an era where digital services dominate, the subscription economy has become a cornerstone of digital-first business models. Juniper Research’s latest whitepaper, Subscribed for Success: Leveraging Subscriptions for Growth & Retention in the Digital Economy, offers an analysis of how subscription-based services are reshaping industries,… Read More

Retail AI Readiness Report Examines How Commerce Platforms Are Shaping an AI-Driven CX

The retail industry stands at the cusp of a transformative era, with artificial intelligence (AI) poised to potentially redefine how commerce operates. This, according to an update from CB Insights. As autonomous shopping tools and agentic payment solutions gain traction, retailers are racing to integrate… Read More

Pakistan’s Bazaar Technologies Reportedly Near Profitability Following Fintech Deal

Bazaar Technologies Pvt., which is Pakistan’s most well-funded startup, is on the cusp of achieving profitability in the coming quarters. This, according to a report from Bloomberg. This milestone follows a pivotal fintech acquisition that has bolstered the five-year-old company’s ambitions to dominate Pakistan’s e-commerce… Read More

Digital Payments Provider Checkout.com Partners with ASOS

Checkout.com, a global digital payments provider, today announces its partnership with ASOS, the global online destination for fashion-loving customers. Operating globally, ASOS reportedly “serves a fast-moving customer base and handles a significant volume of transactions daily.” ASOS is built on knowing “what shoppers want and… Read More

eBay Enters Payments Acquiring Partnership with Checkout.com

eBay, a global commerce enabler that connects millions of buyers and sellers around the world, today announced its partnership with Checkout.com, a global digital payments platform. Through this partnership, eBay reportedly expands its international payment platform “to deliver seamless commerce experiences for its customers.” With… Read More

BNPL Fintech Klarna Announces Relaunch of Laybuy in New Zealand

Klarna, the AI-powered payments and commerce network, announced the relaunch of Laybuy in New Zealand. The launch combines a Kiwi brand with the expertise of BNPL Fintech Klarna. With over 93 million active users and 675,000 retailers across 26 markets, Klarna’s platform will aim to… Read More

Temu and Checkout.com to Streamline Digital Payments Experience for Online Consumers

Global online platform, Temu, known for offering “value-for-money” products, has recently expanded its partnership with digital payment provider Checkout.com to improve how customers pay for their orders. Checkout.com has been working with Temu since its launch in 2022, helping process payments worldwide. With this enhanced… Read More

Checkout.com Reports 45% YoY Growth, Now Focused on Achieving Profitability

Checkout.com, a digital payments company, announces a profitable end to 2024 and 45% YoY net revenue growth in its core business, which serves the commerce and fintech sectors and reportedly accounts for “95% of total volumes.” These milestones underscore the company’s commitment to “delivering the… Read More

Saudi Arabia’s Commerce Enablement Platform Zid Unveils Ecosystem Solution Redefining Digital Retail

Zid, Saudi Arabia’s commerce enablement platform, has unveiled ‘Total Commerce’ – which is described as a unified ecosystem redefining digital retail – at Ripple 2024. The development is said to be important for retail innovation in Saudi Arabia and across the region as well. Sultan… Read More

Digital Commerce Enablement Investments Increased QoQ, Producing $2.7B Across 96 Deals – Report

E-commerce enablement investments increased QoQ, producing $2.7 billion across 96 deals, deltas of 51.4% and -7.7%, respectively. This, according to an update from PitchBook. PitchBook noted in its research report that deal value was “propped up by one outlier deal: Clio’s $900 million Series F… Read More

Over 4% of US Attempted E-Commerce Transactions Between Thanksgiving and Cyber Monday Suspected to be Fraudulent – Report

As consumers took advantage of Black Friday and Cyber Monday deals, analysis from TransUnion (NYSE: TRU) found that 4.6% of attempted ecommerce transactions globally were suspected to be Digital Fraud from this Thanksgiving to Cyber Monday. Based on insights from TransUnion’s intelligence network, TransUnion found… Read More

Consumer Spending Report: Digital Commerce Transactions Grew Nearly 15% Compared to 2023’s Black Friday

Consumers valued various special deals this Black Friday, as digital commerce revenue grew +14.6% compared to 2023, according to an update from Mastercard (NYSE: MA). As noted in the preliminary insights from Mastercard SpendingPulse, U.S. retail sales excluding automotive were “up +3.4% on Black Friday,… Read More

Digital Payments Provider Checkout.com Teams Up with Papa Johns UK

Checkout.com, a global digital payments company, has helped Papa Johns UK improve its payments performance and expand its payment method offerings. The result is an improved digital payments experience for Papa Johns UK customers, ensuring smooth and secure online transactions “across its 400 locations nationwide.”… Read More

Digital Commerce Market in Singapore Projected to Surpass $24B in 2028 – Report

The Singapore e-commerce market is growing at a steady pace and is now expected to register a “strong” compound annual growth rate of “8.9% between 2024 and 2028 to reach SGD33.3 billion ($24.8 billion) in 2028,” forecasts GlobalData, a data and analytics company. GlobalData’s E-Commerce… Read More

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