Global eCommerce transactions increased by 21 percent in September 2020 compared to September 2019, according to ACI's data. In addition, fraudsters continued to purchase higher-value items such as electronics—fraud attempt purchase value increased to $9 in 2020 vs 2019.
“We expect the BOPIS delivery channel to grow for both genuine and fraudulent consumers as merchants both large and small continue to add this as a new option due to the pandemic,” Guerra continued. “The accelerated use of digital payment channels due to the pandemic has resulted in both cross-channel journeys such as BOPIS as well as the blurring of the channels themselves—such as the usage of mobile devices and mobile check-out inside physical stores.
This may worth something:
Platform Update Highlights for eCommerce - Security Boulevard
Akamai’s October Platform Update offers a ton of new features for our customers across all industries. But if you’re an online retailer, you should really be paying attention to improvements to EdgeWorkers and Image & Video Manager, which provide expanded capabilities for creating new microservices and managing video and image delivery at the edge.
As we’ve said before, our customers are embracing a build culture, which has fueled Akamai’s investment in edge compute solutions and capabilities. Deploying logic at the edge brings data, insights, and decision-making closer to the things that act upon them. This means that data and computation are not hampered by latency issues that can have a negative impact on digital experiences.
Community Is Key in Building a Multimillion Dollar E-commerce Company
Community means something different to everyone. Today I see community development teams manage influencers, advocates, affiliates, creators, customers, ambassadors, super fans, celebrities, associates, insiders, and more. Modern teams have leaned into the nomenclature around community, while those still catching up treat individuals in each of these categories as separate factions. Communities are a group of people with a common interest and objective.
E-commerce firms censured over country of origin, other details - The Hindu
The government on Friday issued notices to Flipkart, Amazon and other ecommerce companies for not mandatorily displaying information, including country of origin, on products sold on their platforms.
The notices have been issued by the Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution.
Apart from Amazon and Flipkart, notices have also been sent to other ecommerce players, sources said.
Were you following this:
US Ecommerce Growth Accelerates to 2022 Levels; Warner Pulls HBO and WB TV from South Asia |
In today’s ExchangeWire news digest: a report from eMarketer finds that ecommerce spend in the US has risen to levels previously anticipated in 2022; WarnerMedia announces it will discontinue its HBO and WB TV services in South Asia before the end of the year; and the VAB reports that US national TV ad spend from new marketers increased in the first half of 2020.
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A report from eMarketer has stated that US e-commerce has grown to over 30% of all sales, pushing online shopping to levels unexpected until 2022. The firm projects that sales made online will total USD $794.5bn (£613.7bn) by the end of 2020, accounting for 14.4% of the country's total retail market. The figures put the sector's growth rate at 32.4% year-over-year, almost double the 18% predicted in eMarketer's Q2 report.
Google wants YouTube to become a major ecommerce platform | TechRadar
Google is reportedly planning to turn YouTube into a major ecommerce platform by allowing viewers to purchase the items they see showcased in unboxing and other videos from their favorite creators directly on the site.
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Bloomberg reached out to a YouTube spokesperson who confirmed that the company is currently testing these new features with a limited number of channels on the site. Under the plan, creators will have full control over which products are displayed on their videos but at this point the project is still an experiment.
Searchspring Launches Personalized Recommendations for Ecommerce | MarTech Cube
Searchspring today announced the beta launch of its new Personalized Recommendations feature. Early adopters are already trialling new Personalized Recommendations to display hyper-relevant products that engage shoppers and boost conversions.
With ecommerce experiencing accelerated growth during the pandemic, this release comes at a time when online retailers are looking for automation to enhance their overburdened merchandising team’s capabilities, without massive investment.
5 Low-Cost Ways To Improve the Security of Your eCommerce Website
Running a website is not an easy task, as you have to make sure that it is secure. Here are some tips for those moving their retail outlets online.
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In this modern-day and age, running a business involves lots of things. In the past, all you had to do was open a brick and mortar store, and you could start running your business; the scenario has greatly changed. If you want to achieve greatness for your business in today's world, you need to gather online traffic through a website. However, running a website is not an easy task, as you have to make sure that it is secure.
Happening on Twitter
Como Mercado Libre, pero estatal: el gobierno lanzará su plataforma de ecommerce a través del Correo Argentino https://t.co/iEQ7y2lnWh infobae Fri Oct 16 00:31:08 +0000 2020
It's the right time to liberate Indian trade from unholy practices of #ecommerce entities We @CAITIndia welcome any… https://t.co/D04KkBapYX praveendel (from New Delhi) Thu Oct 15 03:45:58 +0000 2020
🚨#journojobs 🚨 We're continuing to grow the team over at @PinkNews and we've got three new roles that we're adding… https://t.co/gQL3ZT1iCP benjamincohen (from London, England) Thu Oct 15 15:13:42 +0000 2020
Together with the Federal Ministry for Economic Cooperation and Development of Germany (@BMZ_Bund), we are investin… https://t.co/V5b5LvvAex DeutschePostDHL (from Bonn) Fri Oct 16 11:00:20 +0000 2020
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