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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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Online Liquor Sales Are Booming – Can Digital ID Keep Up?

PYMNTS

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

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The Thread Shop Rolls Out Jimi Hendrix Online Merch Store

PYMNTS

Janie Hendrix, CEO and president of Experience Hendrix and Authentic Hendrix, said in the announcement, “Our relationship with The Thread Shop and Sony in the development of this online store opens the door to the world wider, and gives fans greater access to products that represent Jimi in a beautiful way.”.

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Goldman Sachs Forecasts Acceleration In eCommerce Sales

PYMNTS

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. The need for fulfillment centers is fueling half of industrial transactions today per the past report in contrast to 35 percent prior to the pandemic.

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FDA eCig Crackdown Boosts Appeal Of Online Authentication

PYMNTS

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. This will have a huge impact,” Hochrieser told PYMNTS. “It

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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. But Google and Temasek appear to be the most interested, and negotiations could conclude in a few weeks, Bloomberg’s anonymous sources said.

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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

PYMNTS

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa. However, COVID-19 assisted in powering an increase in market value this year, with a recent 30 percent drop in shares following Q2 earnings.

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