Tagged: globaldata

July 22, 2021 @ 7:26 pm By Tony Zerucha  |  

QR codes are helping Singapore continue on its road to a cashless society, data and analytics company GlobalData believes. Blessed with a strong payments infrastructure system, Singapore has both POS and QR code payment capability, and the latter is becoming a more trusted and preferred… Read More

July 14, 2021 @ 12:31 am By Tony Zerucha  |  

Following a brief pandemic-induced decline, Israel’s card payment market is set to resume its growth trajectory, a new report from GlobalData finds. Israel’s government actively promotes electronic payments through legislation such as a cap on cash transactions and reduced interchange fees. “Robust e-commerce growth, and… Read More

July 13, 2021 @ 10:26 pm By Tony Zerucha  |  

The COVID-19 pandemic helped drive further growth in India’s e-commerce sector, new research from GlobalData shows. According to the firm’s E-Commerce Analytics, e-commerce payments in the country grew by 12.2 percent in 2020 and should reach $61.5 billion this year. Between now and 2025 sales… Read More

July 11, 2021 @ 4:39 pm By Tony Zerucha  |  

Several factors will contribute to strong growth in card payments in the Philippines, a new report from GlobalData suggests. Gains of 15.4 percent are expected due to the gradual revival of the economy, easing of lockdown restrictions, and improving consumer spending. Those gains will leave… Read More

July 1, 2021 @ 6:42 pm By Tony Zerucha  |  

Global cryptocurrency interest continues to grow, and is being propelled by discussion of mainstream companies, research from GlobalData suggests. The company monitored Twitter conversations about “crypto” and found influencer conversations have risen 200 percent during 2021’s first half. PayPal was most mentioned in influencer conversations… Read More

June 16, 2021 @ 8:22 pm By Tony Zerucha  |  

Revenue from blockchain-based platforms and services is expected to grow 50-fold over the next decade, according to data and analytics firm GlobalData. That will take it from $4 billion in 2020 to $199 billion in 2030, they predict. While businesses have been warned of the… Read More

June 11, 2021 @ 7:00 pm By Tony Zerucha  |  

Big changes will continue to hit business travel, a report from GlobalData suggests. Over the past 18 months, international business travel plummeted 75 per cent, with domestic travel down 56 per cent. The lost billions in revenue, combined with changing attitudes on the necessity of… Read More

June 9, 2021 @ 3:35 pm By Tony Zerucha  |  

No one should be shocked Bitcoin’s price fell after the United States recovered most of the cryptocurrency used to pay the Colonial Pipeline hackers, an analyst with GlobalData said this week. Given cryptocurrency’s libertarian roots, the fact a government could track and seize money designed… Read More

January 26, 2021 @ 10:13 pm By Omar Faridi  |  

UK-based challenger bank Monzo is reportedly struggling to maintain operations and may be trying to avoid the same fate as digital bank Xinja which was recently forced to shut down permanently. Fintech analyst Katherine Long from GlobalData recently noted that Monzo has turned into an… Read More

July 18, 2018 @ 10:25 pm By Cali Haan  |  

The crypto hype-machine has taken another body blow this month, this time in the form of a scathing report by London-based research firm GlobalData, who have called the revolutionary claims made by crypto and blockchain proponents, “fantasy,” ITP reports. Such talk is sacrilege among enthusiasts… Read More