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PR Newswire ARCHIVE

The Debit Swipe Fee Cap is Still Too Damn High  Mar 28, 2016 10:23 AM By Tim Parry

A cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers but is still higher than intended by Congress and should be lowered, according to the National Retail Federation.

Bonobos, Fossil, Lowe’s Lead 2016 Excellence in Customer Experience Awards Finalists  Mar 23, 2016 5:40 PM By MCM Staff

Multichannel Merchant has announced it has selected finalists for its annual Excellence in Customer Experience Awards. Winners will be announced at a luncheon ceremony at the annual Operations Summit.

FedEx Rebrands Bongo International as FedEx CrossBorder  Mar 23, 2016 4:55 PM By Tim Parry

FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., has announced the re-launch of Bongo International as FedEx CrossBorder. The announcement highlights the FedEx investment in expanding its international ecommerce offerings.

Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey  Mar 23, 2016 2:04 PM By MCM Staff

The acquisition of DealDey represents an expansion of Ringier Africa’s portfolio beyond publishing and digital marketing in Nigeria and Silvertree’s first ecommerce investment in the country.

Vantiv and Credorax Partner to Expand Card-Not-Present Payments Acceptance  Mar 15, 2016 10:06 PM By MCM Staff

Vantiv and Cerdorax announced a partnership that bolsters the capabilities of Vantiv’s merchants to serve global consumers via card-not-present channels. Read why this relationship will allow Vantiv merchants to process and settle card payments in the local currencies of 34 countries.

Linio Selects Payoneer to Disburse Cross-Border Payments  Mar 08, 2016 11:51 AM By MCM Staff

Linio, Latin America’s largest ecommerce store, has selected Payoneer Inc. to power its payments to sellers worldwide. The partnership will provide international sellers access to the estimated $88 billion Latin-American ecommerce market through Linio’s 8 localized platforms, by allowing them to receive their funds using Payoneer’s payment solutions.

JD.com’s Net Revenues from Online Direct Sales Increased 55% in 2015  Mar 08, 2016 11:00 AM By Tim Parry

JD.com’s net revenues from online direct sales increased by 55%, while net revenues from services and others increased by 110% in the full year of 2015, as compared to the full year of 2014, primarily due to the increased revenues from JD.com’s rapidly expanding online marketplace, advertising services and third-party logistics services.

Hermes’ BorderGuru Brings Integrated Logistics and Ecommerce Solutions to the U.S. Market  Mar 08, 2016 10:16 AM By MCM Staff

Chicago, March 8, 2016 – Hermes, operator of the largest business-to-consumer (B2C) parcel shop network in Europe, announces the expansion of its retail supply chain digital services to the United States e-commerce market. Hermes’ BorderGuru is now going beyond the European market it already serves and offering U.S. retailers integrated logistics and e-commerce solutions. BorderGuru […]

Former Borderfree Leaders Join Cross-Border Shopping Site iguama  Feb 24, 2016 9:20 AM By Tim Parry

Former Borderfree executives Michael DeSimone and Kris Green have taken on leadership roles at iguama, a Latin American online cross-border mall featuring popular U.S. brands and products. Read why DeSimone and Green are high on the start-up marketplace, and the Latin America market.

Week in Review: Ecommerce Sales Outpaced Store Growth  Feb 19, 2016 10:49 AM By Tim Parry

Ecommerce sales far outpaced the growth of sales at bricks-and-mortar stores, according to the results of Multichannel Merchant’s MCM Outlook 2016 survey. Find out what else can you learn from the MCM Outlook 2016 results.






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