| March 1 Payments NEXT newsletter: Walmart POS loans, fashion e-commerce success, 3 cybersecurity misconceptions, news roundup
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| | This week’s payments news starts with a look at fashion e-commerce and what’s making it a success for smart online fashion retailers. Next, we take a look at a point-of-sale partnership between Walmart and San Francisco fintech Affirm with plans to offer consumers instant loans up to $2000. We’ve also got a great guest post from a cybersecurity expert who points out three misconceptions about payments fraud and cybersecurity.
Our weekly news roundup has FedEx testing robot deliveries, JPMorgan’s admiration for Square’s success, look at subscription payments (think Amazon and Netflix), Target’s new big brand marketplace strategy, Amazon Prime’s new delivery day program, a new security threat called formjacking and much more. Good reading ahead!
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| Walmart and Affirm will offer POS consumer loans
Walmart and Silicon Valley lender Affirm announced plans to offer the 4000-store retailer’s customers loans at the point-of-sale (POS) online and in-store at most US Walmart locations. The companies hope a simple, point-of-sale purchase and POS loan will appeal to consumers tired of excessive credit card fees, penalties and lack of transparency. Fintech Affirm already now works with more than 2,000 sellers including Warby Parker, Expedia, The Real Real, Orbitz, Travelocity, Shopify and Wayfair. Read more… |
| What’s driving fashion e-commerce in 2019?
New research from Nosto and an analysis of more than 1.2 billion site visits across online fashion retailers, provides valuable insight into the state of fashion e-commerce in 2019. With a “retail first” approach, the most successful online fashion retailers are finding new ways to engage fashionistas, provide personal shopping experiences, and create sales growth. Read more… |
| Myths vs facts: Exposing 3 misconceptions in payments fraud and security
In our bustling e-commerce landscape – today’s most competitive market – it’s hard to believe that many online merchants, particularly those based in the U.S., avoid access to global transactions. When considering U.S. cross border e-commerce is expected to bring in $203 billion by 2021, it should be a no-brainer for online merchants to consider capitalizing on the growth potential that exists beyond American borders. Read more…
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| | Mar 1 Global payments news roundup
We’ve got a solid lineup of global payments news starting with a brand perspective on voice ordering, FedEx robot delivery tests, and a point-of-sale loan partnership between fintech Affirm and Walmart. Check JPMorgan CEO Jamie Dimon’s props for Square and a view on subscription payments like Amazon and Netflix. All that and much more payments news from around the world. Read more... |
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