E-Commerce -

Saksoft Acquires Solveda

Saksoft Limited announced that its wholly owned subsidiaries, have completed the acquisition of Solveda Group headquartered in New York with centres in London, Gurgaon and Noida. (https://www.solveda.com/ ). Speaking on this acquisition, Aditya Krishna, Chairman & Managing Director, Saksoft, said, “We are pleased to welcome Solveda’s leadership, employees and clients to Saksoft. This acquisition reinforces our continued focus on our Inch-wide Mile-Deep strategy of competing in market niches where we have competitive advantage. Solveda’s deep expertise in E-commerce applications will help us open and leverage another market niche...

by business wire

E-Commerce

Alipay Now Supports Users to Link Alipay to Their Apple ID in a One-stop Way Within Its App

Alipay today announced to launch a new feature for iPhone customers with the latest version of Alipay app to quickly add Alipay to their Apple ID and complete payment authorization one-stop within the app. Alipay app is the world’s first third-party payment app to launch this new feature to greatly optimize iPhone customers’ shopping experience. Updating to iOS 16.4 and later, iPhone customers can search for “Apple” in the Alipay app to enter the “Apple...

by business wire

Advertising & Promotion Artificial Intelligence E-Commerce

Birdseye Raises $500,000 in Pre-Seed Funding to Help Shopify Brands Increase Revenue Through AI-Powered Marketing

Birdseye, the all-in-one marketing analytics system for Shopify brands, today announced a $500,000 pre-seed investment from Drive Capital. The investment will enable Birdseye to expand its core engineering team and continue developing artificial intelligence (AI) powered marketing technology. Birdseye has developed a marketing recommendation system designed to help small and growing ecommerce businesses. Many small online retailers struggle with data-driven marketing, lack dedicated analytics teams, and miss out on valuable opportunities to increase sales. Birdseye is...

by business wire

E-Commerce

Three Technologies to Support Growth in a Slow Economy

Economists are forecasting continued slow growth in the economy throughout 2023. This difficult environment is accompanied by historic inflation rates, and mass layoffs, leaving an unsettled feeling even for those whose jobs are secure. We’re dealing with less spending power, higher prices, and increasing uncertainty all at once. Further boosting our anxiety, worldwide supply chains continue to experience periodic interruptions, customer service interactions are leaving consumers feeling abused, businesses are failing to deliver on sustainability...

by business wire

E-Commerce

Juniper Research: Open Banking Payments Transactions to Surpass $330 Billion Globally by 2027, as Bill Payments and eCommerce Integrations Drive Adoption

A new study from Juniper Research has found that global Open Banking payments transaction values will exceed $330 billion globally by 2027; up from $57 billion in 2023. The report, Open Banking: Opportunities, Competitor Leaderboard & Market Forecasts 2023-2027, predicts that the development of new use cases, such as bill payments via Open Banking, will drive adoption, given Open Banking’s simplicity of use versus alternatives, such as card payments. For more insights, download our free whitepaper: Why the Future...

by business wire

E-Commerce

Consumer Optimism Remains Strong Despite Economic Headwinds, Per 2022 Holiday Spending Report From ACI Worldwide

Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to eCommerce intelligence from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payments solutions, which analyzes millions of eCommerce transactions on an annual basis to assess year-over-year growth. From October through December 2022, eCommerce transactions saw a 21% increase, beating estimates by 6%. Consumers spent more on gaming and travel, as both sectors saw a significant uptick in transaction volumes during...

by PRNewswire

E-Commerce

Tradeswell launches The Current, the digital home base for ecommerce news

Ecommerce operating system Tradeswell announced the launch of a proprietary news website, The Current, a media platform to provide up-to-date news and information that ecommerce professionals need to be successful operators in the dynamic real time commerce landscape. “The economics of ecommerce are constantly shifting,” remarked Paul Palmieri, Tradeswell’s co-founder and CEO. “Often the conversations about these changes are happening between individuals as they speak one-on-one, or in the transactions between sellers and marketplaces. It’s time to bring...