|
Nov 9 Global payments newsletter: Robo-advisory services, free holiday Prime delivery, German bank cryptocurrency, cashierless checkouts, crypto whale alerts, more...
|
|
Let’s dive right into this week’s global news roundup. First, a look at where robo-advisory investment services are going. Next, we open the door to insight into how retailers can get more holiday sales. Free holiday delivery for Amazon Prime members will make online shoppers happy. Our guest author looks at how DNS attacks impact the financial services sector. Check out our other news roundup stories below and enjoy your weekend reading.
|
|
Where are robo-advisory investment services headed?
In just 10 years, robo-advisory investment services have taken a moonshot in the number of clients and the value of assets managed on robo-advisory and related digital platforms. According to Aite Group research, robo-advisors could be managing more than $1.26 trillion in investments by 2023, up from $257 billion in 2018 and a compound annual growth rate of more than 37%. Read more… |
|
How can retailers get more holiday sales this year?
The holidays are where 30% of sales are made for the year according to the US National Retail Federation. McKinsey & Company report that nearly one-third of consumers expect to spend more this year than last, and retailers are going to need to personalize in order to capture those sales. McKinsey uncovered some emerging consumer trends with big implications for holiday retail sales. Read more… |
|
| Amazon launches free delivery holiday plans
Hard on the heels of Best Buy’s free holiday delivery announcement last week, Amazon today released details of its expanded free delivery services for the upcoming holiday season. The new services will provide Amazon Prime members in the US with Free One-Day delivery for more than 10 million products. Amazon also expanded its Prime Free Same-Day Delivery adding possible product deliveries within hours to millions of members depending on location. Read more... |
|
Financial services under attack: How DNS security risks affect the sector
The financial services industry has a target on its back.all Not from the typical regulatory or compliance issues, or even actual business performance. In this case, the focus is on the fact that these companies are hosting the personal and financial data of millions of people, and they are vulnerable. Weak security is to blame, particularly at the Domain Name System (DNS) level, an easy entry point into a business network. Read more… |
|
| Nov 8 Global payments news roundup
In the roundup, PayPal has plans for a mobile payments push in the New Year. German banks are talking about the need for an EU cryptocurrency. With 84 million accounts, digital banking is growing fast in Africa. The NRF looks into the benefits and who is cashierless checkouts. It’s a small footprint with big plans at Nordstrom Local in New York. We’ll connect you with ebook that has five AI essentials for retail banking success. Curious about bitcoin whales? Whale Alert has some answers. Finally, McKinsey & Company reports on the $1 trillion global banking business and what’s ahead. Lots of payments business intelligence for your leisurely weekend reading. Read more… |
|
Get more global payments industry news and insight
Find the daily payments industry news you can use at Payments NEXT.
|
|
