Tag "e-commerce"

COVID-19 Accelerates Shift to Digital Payments, Virtual Banking: McKinsey

The COVID-19 pandemic and its many repercussions have dramatically changed consumer behaviors, accelerating the move from physical to virtual banking and boosting digital payments, according to a new report by McKinsey. All forms of electronic payments, whether peer-to-peer (P2P) or

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COVID-19 Fuels Global E-Commerce and Digital Payments

E-commerce platforms and digital payment services providers are enjoying explosive growth on the back of social distancing requirements put in place in response to the COVID-19 pandemic, according to a new report by PPRO, a London-based business focused on cross-border

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Which Fintech Sectors Will Gain From COVID-19?

Like other sectors, fintech funding has been hit hard by the COVID-19 pandemic and the resulting economic turmoil, with investment down during the first months of 2020. However, the long-term impact of COVID-19 will differ across segments, with sectors including

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Facebook Payments Registered as E-Money Entity in Spain

Facebook has registered as an electronic money provider in Spain as the firm seeks to expands its peer-to-peer payments functionalities over Messenger to Europe. Facebook Payments International Limited (FBPIL) was added to the Bank of Spain’s register of e-money entities on

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10 Disruptive Innovations

Smart Box, Big Data, robotics and contextual commerce are some of the newest concepts that could potentially disrupt the marketplace, according to a new report by Citi. In a paper titled ‘Disruptive Innovations IV,’ Citi’s global research team analyzes ten

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