Here’s your global payments news roundup for this week. National Retail Federation predicts $16 billion in spending on Father’s Day gifts. 67% of consumers will shop at a retailer with mobile coupons. The payments industry has $2 billion of VC financing so far this year. ...
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E-commerce
E-commerce
The National Retail Federation (NRF) estimates Father’s Day gift spending in the US should reach a record $16 billion this year. That falls short of the $25 billion spent on Mother’s Day, but it’s still a pretty good day for dear old Dad and a ...
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If you thought coupons were going the way of pay phones and fax machines, new research from BRP Consulting’s report The Mobilization of Retail may get you to reconsider your bias. Not only are 41% of consumers planning to increase the frequency of their shopping ...
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You’re in charge of e-commerce for your midsize retail business and you just finished your pitch for a budget for your next project. When asked how much it’s going to cost, you respond, “You better give me 130% of the budget, because 30% is going ...
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While the tariffs tiff continues, we’ve got other global payments news to keep you ahead of the curve. We start with a business and payments industry look at the impact of China tariffs. AI is getting deeper into the payments business and online grocer Farmstead ...
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Now that US tariff increases of 25% or more on $300 billion of Chinese products are looming large, what’s the impact on consumers and is there potential for the payments industry to take a hit as well? Contrary to what the White House says, American ...
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Amazon robotics help product picker Imagine working ten hours a day picking and packing products in an Amazon warehouse and fulfillment center. It’s labor-intensive, it’s hard physical work, and according to Reuters, Amazon plans to automate some of these processes at its many fulfillment facilities. ...
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San Francisco-based online grocer Farmstead launched a Smart Shopping List app that uses predictive machine-learning to make grocery shopping faster, easier and less expensive for consumers. Farmstead says artificial intelligence (AI) goes beyond simple product recommendations to actually predict what customers need based on multiple ...
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We’ve got a pre-Mother’s Day global payments news roundup filled with news you can use. The NRF predicts Mother’s Day spending will reach a record $25 billion this year. Gartner looks at Amazon’s complicated private-label business. Alipay, Adyen, and Klarna will allow AliExpress shoppers to ...
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What’s one of the biggest friction points for small business today? If you answered getting invoices paid quickly and easily, you’d also have the answer to why MasterCard is buying digital transactions company Transactis. Mastercard says 44% of the 15 billion bills Americans pay each ...
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