Blog

Fitz Sunglasses
Disruptive Technologies E-commerce Retail

How Fitz Frames uses mobile-first to beat e-commerce and COVID-19 challenges

It’s one thing to start a business as an entrepreneur and survive the first year. It’s an even bigger badge of success to have launched your online business as a mobile-only enterprise and then thrive and grow despite the COVID-19 crisis. Meet Fitz Frames, a ...
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branchless banking future
Banking Cybersecurity

The biggest danger to branchless banking?

With a third of the global population on lockdown and scores of bank branches closed, many are convinced that branch banking is dead, and the future is branchless. Is this really true? Branchless alternatives like Revolut, N26, Monzo, and NuBank let customers achieve the same ...
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US e-commerce during pandemic
E-commerce Retail

Who’s thriving with e-commerce sales during the pandemic?

There’s lots of chatter and noise about the importance of e-commerce and how merchants are doing with online sales during the coronavirus crisis. If you needed any proof that e-commerce will be critical for every business going forward, we’ve got highlights of the latest research ...
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global pandemic research McKinsey
E-commerce Retail

McKinsey: Global consumer sentiment – Situation “normal”, whatever that is

McKinsey’s new research report, with insight on shifting consumer sentiment over a five-week timeframe of the global pandemic in 42 countries is an eye-opener. Researchers gauged consumer sentiment between the week of April 2 through the week of May 3 and what they found was ...
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UK fintechs have lessons for US digital banks
Banking Disruptive Technologies Fintech

Fintech in America: Lessons from across the pond

By Giffard Hogge, Product Manager, Somo The UK and the United States share culture, history, and language. But it is only after moving from the UK to live in the US that I have become more acutely aware of the more subtle differences between our ...
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COVID-19 relief payments
Payments Research Payments Trends

Coronavirus stimulus check consumers are paying their bills and clinging to cash

If you were one of the fortunate 150 million or so US citizens to receive a $1200 COVID-19 Relief Check in April, you probably spent it paying bills according to research from payments platform PayNearMe. The company tracked millions of payments made by consumers between ...
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e-commerce is growing in the post-pandemic world
E-commerce Retail

Consumer purchase and fraud trends shift with reopening

Fraud prevention and payments leader Forter is closely monitoring the buying trends of consumers and the incidence of fraud during the pandemic and looking ahead to the future. Forter’s May 2020 report on e-commerce purchase trends provides both hope and strategic intelligence for online merchants ...
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May 22 global payments news
Banking E-commerce Fintech

May 22 Global payments news roundup: PayPal QR codes, vendor payments, US bank loans relax, Amazon/JCPenney, trust in banks, Alibaba growth, more…

Welcome to our Friday payments, fintech, and e-commerce news roundup with the business intelligence to keep you ahead of your competition. It was a busy week with much research on post-COVID-19 projections and possibilities and lots of new product announcements that caught our attention. PayPal ...
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pandemic leads to banking turbulence
Banking Fintech

Remaking banking services after the pandemic

The fast-changing habits and needs of consumers, partly shaped by the coronavirus pandemic, will require banking and financial service leaders to adjust their services and their way of thinking if they want to build resilient organizations that thrive in the near future. In an intriguing ...
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post-pandemic retail future
E-commerce Retail

April US retail sales worst on record: What are consumers planning next?

US Department of Commerce statistics showed a worst-ever record 9% decrease in April 2020 US retail sales as COVID-19 stay-at-home orders hit the retail sector hard. One small bright spot was a 20.5% increase in non-store channels, primarily online sales, the second-largest ever recorded. Online ...
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