App downloads to generate $50bn by 2016

Consumer adoption of tablets and smartphones are boosting the annual revenues from consumer mobile applications. Author: Ashley Curtis Consumer adoption of tablets and smartphones are boosting the annual revenues from consumer mobile applications. That’s according to a report by Juniper … Continued

Facebook set for billion-dollar IPO

Social media giant Facebook has filed for a $5 billion initial public offering (IPO), making many of its employees and investors millionaires, reports The Paypers. Author: Ashley Curtis Social media giant Facebook has filed for a $5 billion initial public … Continued

China’s e-commerce market is growing

Revenue for the Chinese e-commerce market in 2011 is expected to total some 800 billion yuan (£80 billion), according to Chinadaily.com. Author: Deborah Bates Revenue for the Chinese e-commerce market in 2011 is expected to total some 800 billion yuan … Continued

Ecommerce retailers expect growth in 2012, claims survey

Ecommerce firms appear to be extremely confident about the prospect of growth in 2012, reports Internet Retailing. Author: Ashley Curtis Ecommerce firms appear to be extremely confident about the prospect of growth in 2012, reports Internet Retailing. According to figures … Continued

Online merchants responsible for lowest ever fraud

Merchant account providers are to be commended for their efforts in combating online fraud, as a survey reveals 2011 was a record low for criminal transactions. Author: Chris Taylor Merchant account providers are to be commended for their efforts in … Continued

E-commerce booming in UAE

E-commerce appears to be booming in the United Arab Emirates (UAE) and is predicted to be worth about DH11 billion to the area’s economy. Author: Deborah Bates E-commerce appears to be booming in the United Arab Emirates (UAE) and is … Continued

Visa watches US chip and pin adoption with new offer

Visa is hoping that merchant account providers, card issuers and processors will help speed up the adoption of chip payment technologies in the United States following an exemption offer from certain compliance standards. Author: Chris Taylor Visa is hoping that … Continued

EU legislation could boost e-commerce

European Commission legislation could have the potential to boost e-commerce and stimulate job growth, reports tamebay.com. Author: Ashley Curtis European Commission legislation could have the potential to boost e-commerce and stimulate job growth, reports tamebay.com. A “coherent framework for building … Continued