| Payments Powering The Platform Economy Report⢠|
| AI Helps Fashion eTailers Boost Cross-Border Sales When it comes to appeasing cross-border shoppers, a one-size-fits-all approach can fall short. Winning over customers worldwide requires merchants to offer a secure, localized payment experience â which is no easy task, according to Kai-Uwe Mokros, payments managing directors at fashion eTailer Zalando. In our first Payments Powering The Platform Economy Report, Mokros discusses the security and infrastructure challenges that can get in the way of cross-border sales â and how retailers can navigate them with machine learning. |
| How Grocers Are Gaining Mindshare In The Virtual Grocery Aisles Grocery shopping has gone digital nearly overnight for many consumers as #stayathome has opened their eyes to the magic of using eCommerce for food purchases. David Conroy, Fiservâs senior vice president of grocery solutions, tells Karen Webster that the challenge now is building the fast, easily accessibly on-ramps necessary to serve a wider swath of customers today â and preparing grocers for the digital future heading their way. |
| Technology Is Helping FIs Build Resilience And Battle Black Swans No two black-swan events look alike, so preparing for them can be, well, impossible. Vincent Caldeira, chief technologist for FSI in APAC at Red Hat, tells Karen Webster that financial institutions have held up just fine so far, but must quickly locate new capacity to adapt to an increasingly digital future. |
| Alphabet’s YouTube Revenues Surge 33 Pct In Q1 For Google's parent company Alphabet, call it a tale of two quarters. March marked a steep downturn for some core segments amid the pandemic, but digital, streaming, gaming and (some) search provided the company with buffers. Against the backdrop of what CEO Sundar Pichai termed “the first major pandemic taking place in a digital world,” YouTube revenues surged by double-digit percentages, Chromebooks flew off the shelves and Google Play downloads gained steam. |
| Stimulus Relief Checks: Less Spending, More Saving The U.S. government has already shipped out nearly $300 billion in direct COVID-19 relief payments to nearly 100 million Americans – money already making its way into the economy through food purchases, grocery orders and savings deposits. But experts say that unlike past government-stimulus spending in economic downturns, this round of payments is less about stimulating consumer spending than it is about ensuring consumer survival. |
| | Buy Now Pay Later Tracker™ | | Using Payments To Keep Workwear Affordable For The Essential Workforce Durable workwear is essential for EMTs, firefighters and many other frontline professionals, but the pandemic and ensuing economic downturn means many of these workers are unable to afford it when itâs needed most. For this monthâs Buy Now Pay Later Tracker, PYMNTS spoke with Josh Walker, co-founder of apparel eTailer 1620 Workwear, about how BNPL solutions are easing the financial burden â and helping essential workers stay focused and stress-free about additional expenses. |
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