In 2017, the banking industry around the world is set to invest $US16 billion in branch transformation and the new technologies it requires, according to a study carried out on behalf of Wincor Nixdorf by tech research outfit IDC. Jens Bohlen, member of the Board of Directors of Wincor Nixdorf

Local services marketplace Oneflare today announced that it has secured an additional million dollars in funding, and will use the cash to expand its team, ramp up sales and marketing activities and investigate offshore opportunities. The company is a marketplace connecting sellers in over 200 business categories — such as

Softly softly, catch a tiger. PayPal in Australia has broadened its financial services offerings, with the local launch of Working Capital — a loan product designed to help Australian small-to-medium-sized businesses (SMBs) access funds via their PayPal accounts. The service users a business transaction history and performance to determine the

Amazon moves into bricks and mortar, retailers look for the holiday sale advantage, and the emergence of Africa’s biggest ecommerce vendor dominated the global omnichannel chatter in the social stream this week. Each weekday the KINSHIP digital/Which-50 Chatter Report identifies the most influential conversation starters of the last week across

Mobile commerce traffic is surging but revenue growth to the platform remains tepid, according to a study by Monetate. Apple users, however, are the biggest spenders. Monetate is a leading provider of testing and targeting, email optimisation and personalisation solutions, and the study integrated its client data. The study’s authors describe

You get the sense that many people are only now starting to appreciate how awesome (in the fully functioning Death Star sense of the word) Alibaba can become, or how how extraordinary is its scale. The Chatterverse, however, is in no doubt. Each weekday, the KINSHIP digital/Which-50 analyst Chatter Report

Ecommerce outfit and dotcom pioneer eBay will spin out its payment business, PayPal, by the middle of next year, and will list the business separately following the completion of a strategic review by the board. eBay acquired PayPal in 2002, paying $US1.5 billion for the business. It is set for

Australian e-commerce merchant and payment solutions platform, today launched in Singapore, Hong Kong, and Malaysia as the company looks to scale beyond its current client base of 16,000 active businesses. According to Matt Bullock, founder and CEO eWAY, the move into the region was fuelled by the rapidly growing e-commerce space.

Invoice2go, an invoicing app for small business owners, has raised USD $35 million in financing from Accel Partners and Ribbit Capital. The company has also appointed Greg Waldorf as new Invoice2go CEO. He was the CEO-in-Residence at Accel Partners. The company is the number one invoicing app in the App

The hot topic in the ecommerce social chatter stream this week was the Ecommerce Paris trade show held between the 22nd and 24th. The majority of the top tweets related to the event. On a side note, it was also the first time a language other than English dominated our