This week’s rundown of new products and updates for ecommerce companies includes cybersecurity, fulfillment, tax reporting, social commerce, resale tools, AI, machine learning, real-time payments, and ecommerce marketing,

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Product Releases: November 27

Walmart introduces Parcel Stations to speed up delivery. Walmart has over 4,000 U.S. stores operating as delivery hubs. The company is now adding parcel stations to its hubs. Parcel stations resemble mini post offices that receive and deliver packages using Walmart’s private fleet to transport online orders. Packages originate in fulfillment centers and move to a sortation center or directly to stores, where they are then delivered to a customer’s home using the last-mile delivery network.

Illustration of delivery trucks on a Walmart Parcel Stations' web pageIllustration of delivery trucks on a Walmart Parcel Stations' web page

Walmart Parcel Stations

IRS helps casual sellers by delaying the lower Form 1099-K reporting threshold. The IRS has announced a delay of the new reporting threshold for “settlement organizations” — payment apps and marketplaces — for calendar year 2023. Reporting will not be required for 2023 unless the organization receives over $20,000 and has more than 200 transactions in 2023. The IRS is planning for a threshold of $5,000 for tax year 2024 as part of a phase-in to implement the $600 reporting threshold.

U.K.-based fintech Crezco raises $12 million and integrates with accounting platform Xero. Crezco, a U.K. fintech using open banking for B2B invoicing and bill payments, has secured $12 million from MMC Ventures and 13books Capital. Crezco has also integrated with Xero accounting. Crezco’s application will allow small businesses to manage, approve, and pay their bills simply and securely without leaving Xero’s platform.

Security provider CrowdStrike launches on Amazon Business. Cybersecurity provider CrowdStrike has launched Falcon Go, its AI-powered cybersecurity platform for small and medium businesses, now available on

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