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Archive for admin

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Banking Finance
March 1, 2023
By admin

Payments intelligence firm Pagos raises $34m

Pagos, a payments intelligence startup founded by Braintree and PayPal vets, has raised $34 million in a Series A round led by Arbor Ventures. Point 72 Ventures, Infinity Ventures and Underscore VC joined the round, proceeds of which will be used to expand the Pagos engineering team and further develop the platform’s enterprise product suite. […]

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Banking Finance
March 1, 2023
By admin

Bank of England says digital pound “more likely than not”

Bank of England deputy governor Jon Cunlifffe has told a committee of MPs that a digital pound has a better than 50/50 chance of coming to fruition. In remarks before the Treasury Select Committe, Cunliffe said that the creation of a digital pound would open up new frontiers for payments innovation, citing possibilities arising from […]

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Banking Press Release
March 1, 2023
By admin

Guidelines On How To Become Successful In Business Intelligence

Do you want to advance in your career? Business intelligence may be the key to your success. With the right skills and knowledge, you can become a valuable asset to any company. But what exactly is business intelligence, and how do you become successful in this field? Read on to find out. Define your goals […]

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Press Release
March 1, 2023
By admin

What are state-sponsored cyber attacks and do they use AI?

Artificial intelligence has played a very important role in modern cyber attacks. Although AI technology has been very important in creating safeguards to stop these attacks, it has also been used to make these attacks even more vicious. Many hackers are using both social engineering and AI to exploit targets more effectively.   A number of […]

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Banking
February 23, 2023
By admin

Zalando increases rates for merchants

Until now, the German marketplace only charges a commission for successful sales by partners. In the past few months, marketplaces Amazon and eBay have also increased their rates for sellers. Subscription fee of 480 euros Selling through Zalando will become more expensive starting July 1st. The ecommerce giant will introduce a flat subscription fee for partner […]

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Banking
February 19, 2023
By admin

Secret Sales: 70% year-on-year growth in 2022

Online fashion marketplace Secret Sales has reached a 70 percent year-on-year growth in sales in 2022. This was largely driven by the company’s international expansion last year. It expects to maintain a growth of 85 percent this year. Growth driven by expansion After its acquisition in 2020, the outlet marketplace Secret Sales has been growing […]

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Press Release
February 19, 2023
By admin

Amazon skips wholesalers in Europe

Ecommerce giant Amazon has decided to skip wholesalers in Europe. Instead, it will focus on sourcing products from brands. By doing so, it wants to ensure low prices for consumers. The online giant has sent an email to European vendors saying that it will focus on sourcing products from brand owners directly. According to the […]

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Press Release
February 18, 2023
By admin

CartFox launches post-purchase SMS feature

Slovenia-based startup CartFox is launching a new feature: post-purchase SMSes. The company offers automated abandoned cart text messages to online retailers. With the new function, sellers can give customers additional discounts after placing an order. ROI of 4500% or more CartFox was founded last year and offers an automated abandoned cart text messaging solution. While the […]

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Finance
February 18, 2023
By admin

EU implements Digital Services Act

The European Union is implementing the Digital Services Act and the Digital Market Act, which impact online marketplaces and social media platforms. This package of rules will create a safer digital space for users and fight rogue sellers. Earlier this year, the EU implemented a new law stating that online marketplaces need to report sales made on […]

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Finance
February 17, 2023
By admin

Ecommerce in France worth €147 billion in 2022

Last year, French ecommerce generated 146.9 billion euros in online sales of products and services. This is a growth of 13.8 percent when compared to 2021. The growth is mostly caused by the online service sector sales, as products sales fell 7 percent. Ecommerce in France is not slowing down, as shown by a 13.8 percent […]

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