Today In Data

Reducing Uncertainty In Retail And Payments

Reducing Uncertainty In Retail And Payments

Brexit looms, and issues related to payments and commerce are still getting worked out – though some clarity is emerging. Meanwhile, there is new energy in the fight against one of the biggest forms of digital and mobile fraud, and more innovation around one of the B2B world’s biggest pain points. Kitchens are getting smarter, and real-time transactions are getting better fast.

Data:

Oct. 31: Deadline for Brexit.

$42 billion: Highest general estimate for annual losses from web advertising fraud.

$990 billion: Estimated amount of waste in the food industry.

14.1 weeks: Average amount of time businesses need for invoice approval.

67.6 percent: Share of firms interested in automated invoice innovations.

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