The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. In the business-to-business (B2B) space, efforts to truly transform payments are fraught with challenges. And, in retail, Unbound Merino could change the rules of hygiene with a line of clothing that can be worn multiple times, and design innovator Jony Ive is leaving Apple. All this, Today In Data.
$79 billion: Estimated value of India’s remittances market in 2018.
69 percent: Share of organizations that cited lack of integration between electronic payments and accounting systems as a leading barrier to electronic payments adoption.
$65: Starting price of an Unbound T-shirt.
$40 trillion: Estimated value of funds transferred over SWIFT gpi in 2018.
20: Minimum number of years for which Jony Ive worked at Apple.