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What We Learned From Cyber Week 2020

Perficient

Over this past year, we have seen a great amount of customer influence introduced and reinforced with our online commerce experiences. Digitalization of online shopping experiences is at the greatest it has ever been, especially the emphasis on creating a safe and exceptional space for customers to shop.

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Pinduoduo Aims To Raise Up To $5.6B To Boost Online Grocery Shopping

PYMNTS

16), Pinduoduo said it will use the money “to invest in agricultural logistics infrastructure and responsive manufacturing as consumer behavioral changes accelerate the online migration of retail.”. Pinduoduo added that demand for online grocery shopping in China has surged since the COVID-19 lockdowns.

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HSBC Glitch Locks Out UK Customers, Leads to Twitter Complaints

Bank Innovation

-based bank HSBC experienced a glitch earlier this morning that locked some customers in the region out of their accounts, with customers then taking to Twitter and other social media to complain.

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Visa Launches Online Resource Hubs To Power SMB Economic Recovery

PYMNTS

Digital Presence and Online Payments. To help these companies expand digital presence, Visa has built localized online resource centers across 20 countries to offer tools, partner offers and information on how to launch and grow digital-first businesses. In addition, In the U.S., based Black women-owned small businesses.

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Banks can take cues from challengers on digital customer acquisition: Gartner

Bank Innovation

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

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Uber Cleared To Buy Online Grocer Cornershop

PYMNTS

If the Uber-Cornershop deal is fully approved, Uber said it would expand grocery delivery beyond Mexico, Chile, Canada and Peru, and into other regions worldwide, according to Reuters. The agency ultimately decided the acquisition would not affect competition. There is no set time regarding when Mexican regulators will make a decision.

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Today In Payments Around The World: US Halts Tariffs On French Products; China Considers More Stringent Online Oversight

PYMNTS

China’s Cyberspace Watchdog Mulls Stricter Online Oversight . 7 in regard to how the regulations should be updated to being about more oversight for livestreams, online shopping and online payments. Trade Representative said in a recent statement, referring to digital services taxes.

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