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PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

PYMNTS

Customers using Xoom can now go online or use mobile devices to send money to 70 percent of countries around the world via this deal. Xoom launched in 2001 and was purchased by PayPal in 2015 for $890 million in an all-cash deal. Ria’s network includes approximately 355,000 global agents. billion in receivables from PayPal.

US 178
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Ping Identity Plans To Raise $100M With Public Listing

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The Colorado-based online ID management company Ping Identity is going public and is trying to raise up to $100 million in an IPO on the Nasdaq exchange under the ticker “Ping,” reports said on Friday (Aug. Founded in 2001, Ping is said to be looking at a valuation of $2-$3 billion. It surveyed more than 3,000 people in the U.S.,

Colorado 158
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Mall Vacancy Rate Reaches 20-Year High Of 9.7 Pct.

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percent with the 2001 recession and hit 9.4 As traditional mall merchants go under, however, some online brands are expanding into brick-and-mortar locations. An April, a UBS report showed that online shopping by the average U.S. An April, a UBS report showed that online shopping by the average U.S. 24 were up 3.4

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For eCommerce Content, It’s Experiences Over Speed

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Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. Wayfair is among the major online retailers that see renewed value in print catalogs.

Retail 214
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Newegg Masters The Art Of The Pivot

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After coming out of the post-internet bubble economy of 2001 as a force in the consumer electronics category, it eventually supplemented that business with computer parts and accessories, catering to the DIY tech crowd. It’s hard to find a major eCommerce retailer that has evolved more than Newegg.

Branding 141
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Banks Turn To 3D Secure 2.0 To Fight Fraud

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Both solutions provide increased fraud protection to online transactions made via debit or credit cards. 3DS was initially introduced in 2001, and has continued to evolve over the past 17 years. Some critics note that increased customer convenience will likely lead to growth in the number of online transactions.

Fraud 165
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Data Enablers: Thinkwrap, Growing eCommerce Opportunities

PYMNTS

But how to make that website cull more revenue, increase online and in-store traffic and tailor the experience to the customer is where data can help retailers — especially in this ever-growing omnichannel world. Maloney said that clients have exceeded online revenue growth expectations while working with the company.

Data 126