Here is a list of product releases and end-of-December updates from companies offering online retailer services. There are updates on shipping, digital currencies, peer-to-peer payments, growth financing, chatbots, cybersecurity and the supply chain innovation chain.
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Product releases for e-commerce
Volusion debuts SMB financing with Volusion Capital. Volusion, an e-commerce platform for small and medium-sized businesses, has introduced Volusion Capital, a financing option for small businesses that lack capital to grow. Run by New York fintech company Payability, Volusion Capital enables e-commerce businesses to leverage their online sales data and performance metrics to be eligible for up to $ 250,000 in funding. Traders usually pay back advances within 8 to 24 weeks. Merchants can refinance when 50 percent of the advance has been repaid.
Ware2Go joins Point A to drive the innovation chain in the supply chain. Ware2Go, an on-demand inventory network to help merchants streamline their fulfillment processes, has joined Point A's supply chain innovation network. Point A is a collaborative supply service formed in 2018 to bring together leading companies, start-ups and academic institutions in an innovation center. Through this partnership, Ware2Go can leverage expertise from the supply chain worldwide.
Mastercard acquires start of security assessment RiskRecon. Mastercard has announced an agreement to acquire RiskRecon, a provider of artificial intelligence and data analytics services to help companies protect their cyber systems and infrastructure. With RiskRecon's scanning and evaluation technologies, organizations can proactively manage cyber risks to protect critical intellectual property and consumer and payment data. In addition to supporting Mastercard products, RiskRecon will continue to provide cyber security services across a wide range of industries, including healthcare and manufacturing.
Ship.com comes from stealth mode. Ship.com, an early-stage technology startup that aims to change how people track and send packages, came from stealth mode as the first app for tracking, shipping and sharing packages. Ship.com socializes peer-to-peer broadcasts – similar to Venmo streamlining and socializing peer-to-peer payments. Ship.com centralizes all reseller tracking and delivery notifications in one app and offers parcel shipping from the phone with no address required. Startup provides users with an app to centralize tracking and delivery alerts from all retailers, including Amazon and Walmart, and to share delivery information from USPS, UPS or FedEx with friends and family.
F5 acquires Shape Security for one billion dollars. F5 Networks and Shape Security have announced an agreement for F5 to acquire the privately owned Shape for a total company value of approximately $ 1 billion in cash. Shape protects banks, airlines, dealers and government agencies with sophisticated defense, fraud and abuse defenses. Shape defends counterclaims, where cybercriminals use stolen passwords from third-party data to take over other online accounts.
Subscription-based social network MeWe launches premium features for businesses. MeWe, a subscription-based social network that emphasizes integrity (and claims to be anti-Facebook), is launching a premium level of its service to compete with corporate networks and communication tools such as Slack. The company operates according to a freemium model. Its news feed, custom camera, volatile content, 8 gigabytes of storage, live voice, video and custom stickers are all free. Companies can pay for additional features for $ 1.99 per month.
ChatBook raises $ 1 million in funding. The Tokyo-based startup ChatBook has raised $ 1 million in funding. Startup has partnered with Facebook, Salesforce and Marketo and has integrated their chatbots with B2B companies and processed more than 1 million data points with customer information. The new investment round will allow ChatBook to build on its position in automation of social media and to strengthen product innovation and sales growth.
PayPal signs an agreement with MercadoLibre. Earlier in 2019, PayPal made a strategic investment in MercadoLibre, one of the largest online trading and payment systems in Latin America. The two companies have now signed a comprehensive agreement. PayPal will be made available as a payment option in the Mercado Pago online check-out for consumers in Brazil and Mexico. PayPal is also accepted in the MercadoLibre market in Brazil and Mexico for cross-border purchases. PalPal, in turn, will offer Mercado Pago as a payment method for PayPal merchants around the world. PayPal will also expand Xoom's presence by allowing Mercado Pago users in Mexico and Brazil to receive transfers to their Mercado Pago wallet.
Worldwide Asset eXchange and CurrencyWorks partner for digital goods sales. Worldwide Asset eXchange (WAX) has entered into an agreement with CurrencyWorks, which helps brands provide digital currencies and wallets. CurrencyWorks and WAX will offer a turnkey offering for brands to develop, sell and facilitate secondary trading with digital collectors assets in the WAX blockchain protocol system. CurrencyWorks will act as a supplier partner for launching and developing digital currencies. The partnership enables brands of all sizes to grow new communities of digital retailers.
Banking platform Curve launches & # 39; Curve Send & # 39; for peer-to-peer payments in 25 currencies. Curve, a banking platform that consolidates multiple cards and accounts into a single smart card and an app, has launched Curve Send, which allows consumers to send and receive money into an account for free and with no currency conversion costs. When the money has been sent, the recipients, if Curve customers, choose the bank card to receive the money. Recipients who are not Curve customers enter their bank card details or take a photo of their card to share with the sender via a secure link. When done, Curve will send the money directly to that bank account, for free.