6 Applications of E-Commerce in Banking

E-commerce has fundamentally changed the way that companies do business. In fact, some research notes that e-commerce sales alone will make up almost 14% of all retail sales transactions in 2019. It’s more important than ever to have good financial practices in place to grow the business and connect with customers safely, securely, and easily.

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The Future of E-commerce Payments

N-Genius Online to revolutionise how businesses manage and accept payments in the region The Middle East and Africa offers immense potential for e-commerce growth, with online sales in the region expected to reach 80 billion (Dh293.

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E-commerce Rivalry Intensifies

Online marketplaces backed by Chinese behemoths are vying for Thai shoppers. Thai e-commerce is expected to grow to US13 billion by 2025 from 3 billion in 2018. (Photo by Varuth Hirunyatheb) Competition is ramping up in Thailand’s nascent e-commerce industry, with larger players fighting to attract lucrative brand deals and local partnerships.

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35% of Transactions Are Terminated When Site Requires Account Creation

More than one third ( 35) of transactions are lost when an e-Commerce site requires customers to create an account before purchasing. Retailers must balance their desire to gather customer data with this loss of sales revenue – as well as the annoyance factor that may keep shoppers from coming back.

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E-Commerce Is Wiping Out Mall Retailers One by One. Here’s the Data

Department store sales hit a new record low in the data going back to 1992. E-commerce sales in the fourth quarter soared 12.1 from a year ago to a new record of 132.8 billion (seasonally adjusted), the Commerce Department reported on Wednesday morning.

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How Fraudsters Are Attacking E‑commerce Sites This Holiday Season

Online retailers scored big during the first week of the 2018 holiday shopping seasondespite fraudsters launching large-scale automated attacks designed to overwhelm defenses during their busiest period.

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