Only about one-third of US workers can work from home and they earn about 45% of the country’s wages. Being the first of the month, there are millions of rents, business leases and other payments due. The big question, is what happens with them? In ...
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In the spirit of sharing as much strategic information and business intelligence as possible during the COVID-19 pandemic, we’ve got another news roundup to keep you up to date on the latest breaking payments, e-commerce, and retail news stories. In India, the country’s Retail Association ...
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Since the World Health Organization (WHO) declared the novel coronavirus outbreak a pandemic on March 11th, new research by TransUnion identified a 23% increase in weekly e-commerce transactions the following week. While somewhat predictable, the growth in the e-commerce transactions was also accompanied by an ...
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The supply chain for products around the world, no matter the source country, is stressed and stretched beyond belief. It’s an open question of what the supply chain will actually look like when the pandemic eases. We’ve gathered a collection of insights from experts that ...
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Other than hospitals, no one is harder hit than retailers around the world and online. Merchants face growing challenges with their supply chain, overwhelming consumer demand or lack of demand, forced closures by some governments, decreased shopping by many consumers, and hoarding of products by ...
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While US payments, fintech, and e-commerce are our focus, we tend to look globally for insight and business intelligence. Six weeks ago we took an early look at the incidence of coronavirus and its impact on key business sectors we cover. We decided to reexamine ...
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With financial markets plummeting and whole countries under quarantine, it is unclear what the fintech industry will look like after the global pandemic. The chaotic effects of the coronavirus outbreak are not limited to financial markets, but business operations across a widening range of industries. ...
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We’ve got our usual Friday weekly roundup of global payments news. The theme this week is COVID-19 and it’s growing impact on business evident in the lineup of stories below. First, the markets were in absolute pandemic pandemonium with no other apparent trigger for a ...
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Kelvin Phua, Global Head of Payment Networks at PPRO, explores the possibilities offered by the cross-border e-commerce market in Japan Japan is the world’s third-biggest economy. Its GDP per capita is just under USD 40,000, according to GDP per capita (current USD) – Japan, World. The World Bank. That’s ...
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One might assume Amazon is the world’s largest e-commerce marketplace and you’d be wrong according to a new report by Digital Commerce 360. Alibaba’sTmall is world’s second-largest marketplace While $2.03 trillion was spent globally on the top 100 online marketplaces in 2019, Amazon managed to ...
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