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Retail Merchants Linked to Etsy and SVB Facing Delayed Payments

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Etsy and its peers like Shopify have had to kickstart their restrategizing agenda. Retail merchants selling on several online marketplaces including American e-commerce marketplace Etsy Inc (NASDAQ: ETSY) are reportedly seeing delays in their payments owing to their dependence on distraught Silicon Valley Bank (SVB). As a marketplace that operates round the clock, proceeds of … Read more

Amazon NFTs Will Be Linked to Real-Life Assets for Enhanced Customer Experience

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Tech powerhouse Amazon plans to launch NFTs granting ownership of physical goods to improve customer experience and draw more shoppers. Amazon (NASDAQ: AMZN) is developing an initiative centered around its non-fungible tokens (NFTs) that would enhance customer experience. According to reports, the e-commerce giant seeks to tie NFT ownership to physical goods delivered to customers. … Read more