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Japanese e-commerce is growing quickly
E-commerce Payments Research

Why 2020 is the year of cross-border e-commerce in Japan

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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100 biggest global marketplaces
E-commerce Retail

What’s the world’s biggest online marketplace? Hint, not Amazon

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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Walmart+ membership plan competes with Amazon Prime
E-commerce Loyalty Retail

Walmart’s new membership challenges Amazon Prime: Analysis

Hey Amazon Prime, meet your new membership neighbor – Walmart+. Walmart’s new paid membership program is a direct shot across the bow at e-commerce competitor Amazon Prime and it should provide some interesting competitive benefits for online shoppers. While Walmart is not yet releasing details, ...
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March 4 global payments news
Banking E-commerce Fintech

March 4: Big global payments news roundup

There is so much happening in the payments and e-commerce world globally, it’s time to do a solid news roundup and share some of the best links to let you pick and choose the payments news you need to know. Let’s get at it. China’s ...
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2019 US coffee sales $47.5 billion
Payments Trends Retail

Unlimited Coffee-as-a-Service?

It was inevitable. You can get pretty much Anything-as-a-Service thanks to the cloud. That includes payments, banking, insurance, investment advice, cloud storage, clothing, groceries, and now coffee. That’s right. Coffee-as-a-Service, for just $8.99 a month, courtesy of Panera Bread. Right now, millions of impoverished students ...
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Coronavirus impacts US retail and business
E-commerce Retail

Coronavirus is chilling US retail sales in-store and online

While retail sales started the year on a positive note in-store and online, the threat of Coronavirus is now having a measurable impact on retail sales in addition to the earlier impact on the supply chain from China. Despite the smirking denials on FOX News ...
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banks need to remove barriers for small business
Banking Fintech

Banking hurdles: 5 Issues small businesses are facing

By Cameron Peake, co-founder & CEO of Azlo As a founder who has spent most of my career in financial services, I intimately know the unnecessary hurdles that small business owners face when it comes to banking.  Whether you’re trying to open a bank account, ...
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Intuit plans $7.1 billion takeover of Credit Karma
Slider

Inside the $7.1 billion Intuit – Credit Karma deal

Yesterday’s announcement of the planned $7.1 billion acquisition of Credit Karma by Intuit represents the impact and the opportunity that fintech presents to more traditional financial services companies. Founded in 1983, Intuit grew into a global giant by providing accounting, tax filing, and financial planning ...
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Brazil introduces real-time digital payments
Banking Fintech Payments Trends

Brazil’s Central Bank plans new real-time digital payment system

Brazil’s central bank – Banco Central do Brasil (BCB) – launched testing of a new real-time digital payment system based on QR codes and is expected to go live by November this year. Use of the new payment system called PIX will be mandatory for ...
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Walmart e-commerce soars
E-commerce Retail

Walmart wrestles with retail while e-commerce soars

Walmart really is a tale of two channels. Annual sales grew 1.9%, reaching $524 billion for the fiscal year 2020 as the company wrestled with the same overhead and profit challenges of many of its retail competitors. The good news is e-commerce sales rose substantially ...
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