Ccif Gmail Mobile App Now Lets Users Exchange Funds
Grocers can leverage digital to drive engagement even with grocery customers shopping in stores.In fact, many brick-and-mortar-only customers are turning to digital technologies to improve their shopping experiences, as聽Barbara Connors, vice president of commercial insights at聽84.51掳, the marketing insights subsidiary of grocery giant聽Kroger, observed in an interview with PYMNTS. Many customers go online to browse the website, to plan their shopping, to look for recipes, to look for sales and deals and then still end up shopping in store, Connors said. If you think about eComm customer engagement as only driving eCommerce sales, youre missing a big opportunity to also influence the sales for those shoppers. [Dont] count out the shoppers that are still shopping in store because it doesnt mean that theyre not digitally engaged. This opportunity is key, given the relatively low penetration of eCommerce in grocery. Data from the November edition of the Digital Economy Payments study, Digital Economy Payments: The Rise Of Mobile eC
stanley de ommerce, for which PYMNTS surveyed more than 2,700 U.S. consumers about their shopping habits, revealed
stanley cup that brick-and-mortar sales account for 84% of grocery transactions.Moreover, that share will not li
kubki stanley kely increase dramatically in the next year. Connors highlighted 84.51掳 research showing that 70% of shoppers report not planning to make any changes to their eCommerce habits this year relative to 2022. That said, younger consumers in the 18 to 34 Xkpa German Retailer Opens X-Border Alibaba eShop
Singapore is preparing for a FinTech revolution.The small nation is making a big push in support of FinTech innovation by reforming its payment laws. Singapores financial authority said it will look to consolidate existing legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework.A more calibrated regulatory regime, applied on an activity basis to payment service providers, rather than specific payment systems, would allow the Monetary Authority of Singapore MAS to better address specific issues, such as consumer protection, access and corporate governance, the agency stated. It would also give MAS the flexibility to address emerging risks, such as cybersecurity, interoperability, technology and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and
kubki stanley encourage the use of electronic payments.It was reported that the new changes will bring about a blurring of the lines between payments and remittance through advances in financial technology.Un
stanley mug der the new framework, businesses will still have to apply to perform any payment-related activities, but they will no longer be required to obtain multiple licenses for services, such as digital wallets, acquiring, operating payment platforms, etc.Payments is one of the key components of F
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