Financial institutions (FIs) and service providers are promoting offerings for rapid, cross-border transactions in the face of trade uncertainties. On another note, over half of all Americans subscribe to entertainment or digital news offerings. In retail, eco-friendly products have become a big business, and Alpaca Market is bringing fresh food to vending machines as well as smart fridges. All this, Today In Data.
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Data:
93 percent: Share of companies that do not meet consumers’ demands for instant business-to-consumer (B2C) payments.
57 percent: Share of Americans with digital streaming subscriptions.
30 percent: Projected growth rate of the global real-time payments market from 2018 to 2025.
$15 billion: Estimated value of the global intelligent vending machine market by 2025.
$8 billion: Minimum amount consumers spent on green water bottles in 2018.
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Brexit, Commerce, cross-border, data, faster payments, global commerce, Innovation, News, payments, Retail, Today in Data, trade war
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