Klarna Confirms Customer Data Leak But Won’t Reveal Extent

Klarna is offered through retailers like Walmart, Macy’s, and Wayfair, which collectively process payments from more than 150 million customers each week.NurPhoto via Getty ImagesThe "Buy Now, Pay Later" provider Klarna, whose share price...

Shopify Teams With payabl to Streamline eCommerce Checkout 

Financial technology provider payabl. has launched a payments integration with Shopify. The integration is designed to let merchants provide faster, secure, and convenient payments at checkout, the company announced in a Tuesday (Nov....

PayPal Earnings Beat Estimates, OpenAI Partnership Announced| Investor’s Business Daily

PayPal Holdings (PYPL) on Tuesday reported third quarter earnings and revenue that topped Wall Street estimates. PayPal stock climbed as analysts mulled a new OpenAI e-commerce partnership and key financial metrics for its branded business....

AI Heuristic UX Evaluations with a 95% Accuracy Rate – Baymard

Key Takeaways Tests of AI tools and “premade prompts” for UX analysis or CRO suggestions show Accuracy Rates of just 50–75% — or worse they have no documented Accuracy Rate at all Adopting 1 wrong UX suggestion can result in astronomical...

How AI Is Transforming Finance Infrastructure

Artificial intelligence is reshaping industries. Nowhere is its influence more immediate and more invisible to the average consumer than in the payment systems that underpin everyday commerce. From streamlining back-office operations to...
Buy Now, Pay Later: Big-Ticket Buys in Reach

Buy Now, Pay Later: Big-Ticket Buys in Reach

The buy now, pay later (BNPL) wave first formed around relatively inexpensive fashion and beauty goods, but industry watchers keep looking for new use cases that will expand and unlock bigger-ticket potential, in many cases for consumers with impaired credit....

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Consumer Demands Shift for Cross-Border eCommerce

Consumer Demands Shift for Cross-Border eCommerce

More than a decade ago, when cosmetics company 100% Pure was starting to sell internationally, it ran a separate website for each country, which “was a lot of overhead,” according to founder and CEO Ric Kostick. “It was a big deal when we finally combined the...

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US, UK Businesses See Cross-Border Payment Fraud

US, UK Businesses See Cross-Border Payment Fraud

With professionals around the globe working from home during the pandemic, and many using their home networks and personal devices to conduct business, many have struggled to rebuild their cybersecurity infrastructures from scratch, and have scrambled to figure...

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Physical Retail’s Data Distortion Trap

Physical Retail’s Data Distortion Trap

In 1907, Mark Twain famously popularized the saying “lies, damn lies and statistics,” almost as a self-deprecating comment about his own ability to interpret “figures” when writing about them. An expression first attributed to British Prime Minister Benjamin...

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How Mobile Payments Change Consumer Choices

How Mobile Payments Change Consumer Choices

Consumers in the United States spend a collective $555 billion each month buying groceries, food, retail products and travel-related purchases — and the way they pay is changing faster than the tides. The prolonged public health and economic crisis has had...

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Digital-Enabled Sales Important to Customers 

Digital-Enabled Sales Important to Customers 

The COVID-19 pandemic is pushing global B2B firms to eCommerce channels and marketplaces, and the payments and processes that go with them. B2C firms adapted to digital years ago, but B2B was slower to adapt.  That changed with the pandemic, however, as more...

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4 Things About BNPL in a Complex Landscape

4 Things About BNPL in a Complex Landscape

It’s hard to think of a payments phenom to beat buy now, pay later (BNPL). Initially seen as a retail novelty when it first began appearing in the U.S. with Afterpay’s 2014 debut, adoption grew slowly at first, then underwent a pandemic acceleration that’s...

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