By Kelvin Phua, Global Head of Payment Networks at PPRO The COVID-19 outbreak has seen the e-commerce sector surge. Despite economic uncertainty, consumers around the world are turning to the internet for the goods and services that they previously would have looked for in-store. In ...
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Blog
It’s been a season of uncertainty for US hockey, basketball, baseball, and now for NFL football fans. With NHL hockey playoffs well underway without fans in arenas, the NFL is getting ready to open a new season with widely differing plans to delay or allow ...
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Here are 10 important insights you need to know about payments and the US economy during the pandemic. The data comes from recent Bankrate research and the August 2020 Liberty Street Economics report from the Federal Reserve Bank of New York. 35% have less savings ...
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There’s one ballooning payments problem that simply isn’t going away soon. It’s the $1.6 trillion debt carried by an estimated 44.7 million American students. For years, policymakers and economists alike have recognized that growing student debt places a huge drag on the economy both for ...
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When it comes to online fraud globally, there’s good news and there’s bad news. According to a new report from TransUnion, the good news is online business fraud dropped 9% from the first phase of the pandemic (Mar 11 – May 18) and the second ...
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by James Booth, VP, Head of Partnerships, EMEA, PPRO Swedish Parliament, Stockholm Designed to increase consumer protection for online shopping and curb rising household debt amongst Swedish consumers (currently increasing at a rate of 7% per annum), the Swedish Parliament has approved an amendment to ...
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There’s no question e-commerce is booming for many reasons during the global pandemic. There’s one other huge growth industry during this same timeframe. It’s something I call a “scamdemic” – a pandemic of payments and financial fraud that’s costing consumers and businesses billions of dollars. ...
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If there was any doubt that the future of retail is omnichannel, Q2 online sales results for Walmart, Target, Home Depot and Lowe’s tell the story of growing digital dominance during the pandemic. US Q2 e-commerce up 44.5% According to the Marketplace Pulse, US e-commerce ...
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By: Steve Villegas, VP of Payment Partnerships North America at PPRO To suggest that COVID-19 has transformed the future of business would be too obvious. But, in certain industries like retail, it is hard to fathom just how much change the pandemic has ignited. The ...
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The impact of COVID-19 has accelerated disruption in the B2B payments marketplace and according to a new study from Juniper Research, it will be two years before business recovers its losses. The research shows how deep the disruption to business has been around the world ...
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