TikTok Shop will adjust its payment settlement policy on June 9, upgrading its existing three-tier settlement system to four tiers. Most established sellers will automatically enter a 3-day 'Accelerated Settlement' model, while eligible TikTok Shop Mall sellers can enjoy a 1-day 'Express Settlement', significantly improving sellers' cash flow turnover efficiency.
Bank of America announced it will introduce a brand-new real-time cross-border payment feature aimed at addressing the issues of slow speeds and high costs in global payments. This solution will cover various scenarios, including payments for e-commerce platform sellers, and is expected to significantly enhance the efficiency and transparency of cross-border funds settlement, supporting the development of global trade.
Bank of America announced plans to launch cross-border real-time payment services next quarter, aimed at providing businesses and e-commerce platforms with more transparent and low-cost settlement solutions in response to the rapid growth of global payment demands.
PaidBy has formed a strategic partnership with Mastercard to implement cross-border account-to-account (A2A) payments using open banking technology, simplifying the settlement process for global merchants and supporting multi-currency settlements.
AXS has signed a memorandum of understanding with NTT DATA to connect bill payment networks between Singapore and Malaysia, aiming to provide a more seamless cross-border payment experience for Southeast Asian users.
Amazon has officially announced that the 2026 Prime Day sale will take place in late June for four days, incorporating Alexa AI technology to provide personalized recommendations, price alerts, and price history tracking.
TikTok Shop will update its settlement policy on June 9, introducing a four-level settlement system that offers different settlement cycles based on store levels and risk performance, improving cash flow for quality sellers.
Shopee has upgraded its cross-border store advertising system to introduce a pay-per-view model and optimized its attribution logic. This move aims to track advertising conversion effects more comprehensively and help sellers more accurately assess their ROI on ad placements.
Amazon has begun offering its AI shopping assistant technology to external retailers, aiming to help brands quickly build AI shopping advisor services. This move marks Amazon's shift from a single platform to a retail technology service provider.
WorldFirst has updated its global market support program, further streamlining the multi-platform onboarding process for sellers on Amazon, Walmart, and other platforms. This provides cross-border sellers with more convenient financing and account support to expand their global business.
Walmart officially incorporates in-store restaurants into its express delivery system, with Subway as its first partner. Customers can order through the Walmart App or website and combine restaurant meals with groceries for delivery in as fast as 30 minutes. This move aims to enhance delivery efficiency and user engagement while competing in the instant retail sector against Amazon.
Bank of America announced it will launch a cross-border real-time payment solution in the third quarter of this year, enabling businesses and financial institutions to perform instant fund settlements via Swift or CashPro platforms. This service aims to address delays and high costs in cross-border payments, particularly for e-commerce platform vendor settlement and gig economy payments.
TikTok Shop will implement a new four-tier payment settlement framework starting June 9, optimizing the settlement cycle, including a one-day fast settlement for eligible shops and three-day expedited settlement for new shops.
Bank of America announces that it will launch a cross-border real-time payments solution next quarter, supporting corporate clients to make instant funds transfers via Swift or CashPro platforms, aimed at improving the transparency and speed of cross-border transactions.
Walmart has announced the results of its annual shareholder meeting, with about 89.88% of outstanding shares participating in the vote. CEO John Furner highlighted the ongoing success of the omnichannel retail model and stated that the company will continue investing in technology and customer experience.
Newegg director Fred Chang sold approximately $640,000 worth of Newegg stocks through his associated entity Tekhill USA LLC in early June. This move has raised market interest in the company's internal trading dynamics.
TikTok US has launched a separate app called ‘TikTok Pro Events’, aimed at enhancing user engagement with major cultural events through real-time interactions. Users can earn ‘stars’ by completing tasks and redeem them for TikTok Shop coupons and other rewards.
At the 'Delivering the Future' event in London, Amazon announced an investment of over €10 billion for the modernization of its logistics centers in Europe. By deploying next-generation Proteus robots and other automation systems, Amazon aims to enhance delivery speeds in the European market, with plans to add over 25 same-day delivery sites in the UK and Germany. This move indicates Amazon's commitment to strengthening its logistics capabilities in Europe through AI and automation technology.
Amazon officially announced that its 2026 Prime Day sales event will take place from June 23 to June 26, lasting four days. This event is earlier than in previous years, and Amazon has already begun some early discount promotions across various categories including electronics and home goods. Sellers need to adjust their inventory and marketing strategies to accommodate the tighter preparation timeline.
TikTok US has launched a new standalone app called 'TikTok Pro Events' aimed at enhancing user engagement during major cultural events. The app's debut focuses on the 2026 FIFA World Cup, where users can earn 'Stars' through completing interactive tasks, which can be redeemed for TikTok Shop vouchers or charitable donations. This initiative will further strengthen TikTok's monetization capabilities during large events.