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EBAday 2021: Will the European Council's latest endorsement boost corporate instant payments?

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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
EBAday 2021: Will the European Council’s latest endorsement boost corporate instant payments?
2 hours ago
1
The European Council recently backed the creation of an integrated and instant system for retail payments, interoperable across all EU member states.
While this update gives the Commission strong political mandate for pushing forward initiatives across these fields, the industry is yet to see supervisory attention given to the corporate sector with the same fervour.
Adopting conclusions that respond to the Retail Payments Strategy presented by the European Commission in September 2020, the Council is pushing to ensure that market conditions for the development of EU-wide payment solutions are created to decrease the EU’s dependency ....

Sumit Aggarwal , Finextra Ebaday , Mark Buitenhek , Euro Banking Association , Retail Payments Strategy , European Commission , Payment Settlement , World Payments Report , Block Chain , யூரோ வங்கி சங்கம் , சில்லறை கொடுப்பனவுகள் மூலோபாயம் , ஐரோப்பிய தரகு , கட்டணம் தீர்வு , உலகம் கொடுப்பனவுகள் அறிக்கை , தலைப்புச் செய்திகள் , தொகுதி சங்கிலி ,

Pandemic triggered e-commerce

Pandemic triggered e-commerce
sandhya@khaleejtimes.com
Filed on January 23, 2021
The growth of the GCC e-commerce sector will be accelerated by the effects of Covid and reach $50 billion (Dh183.5 billion) by 2025.
AFP
Business activities happen on apps, services are delivered to customers’ doorsteps.
The robust growth of the e-commerce industry in 2020 accelerated the digital transformation, both for consumers and e-commerce industry players, and ‘new normal’ became the life-style for most consumers. A rise in e-commerce startups too was witnessed as more and more people started adopting contactless payment options. The trend certainly gave a big boost to fintech and e-commerce across key sectors in the UAE economy. The spurt in players led to a competitive market which will throw a challenge to every e-commerce player to retain their consumers, your competitor is just a click away! ....

Saudi Arabia , Khaleej Times , United Arab Emirates , United States , David Pidgeon , Gaurav Singh , Shaneo Hara , Information Technology , Capgemini Research Institute , Kearney Middle East , Middle East , North Africa , World Payments Report , Capgemini Research , North America , E Commerce , சவுதி அரேபியா , காழீஜ் முறை , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஒன்றுபட்டது மாநிலங்களில் , டேவிட் பிட்கேொன் , கௌராவ் சிங் , தகவல் தொழில்நுட்பம் , ஸாபிஜெமினி ஆராய்ச்சி நிறுவனம் , கர்நீ நடுத்தர கிழக்கு , நடுத்தர கிழக்கு ,

Tapping opportunities in Fintech

Tapping opportunities in Fintech
Filed on January 18, 2021
With global lockdowns, work from home arrangements, and fear of infection, most commercial activities have moved online. The foundation for this digitisation is a quick, reliable and secure online payments infrastructure.
With Covid-19 confining people indoors this year, e-commerce and digital payments portals have seen a vast surge in growth, globally. More people are using smartphones, e-commerce, digital wallets and mobile and QR-code payments to avoid contact with others. Many businesses were also forced to shift online from a traditional brick and mortar setup.
There is untapped e-commerce potential in the region, as Forbes Middle East and Marmore MENA Intelligence revealed. Only an estimated two per cent of the overall retail sales are from online sales in the Middle East versus 15 per cent in developed markets. ....

United States , Saudi Arabia , Sebastian Reis , Capgemini Research Institute , A Boston Consulting Group , Amazon Payment Services , Forbes Middle East , Middle East , World Payments Report , Capgemini Research , Boston Consulting Group , Though Internet , Connected Payments , North Africa , Executive Vice President , ஒன்றுபட்டது மாநிலங்களில் , சவுதி அரேபியா , செபாஸ்டியன் ரேஸ் , ஸாபிஜெமினி ஆராய்ச்சி நிறுவனம் , அமேசான் கட்டணம் சேவைகள் , ஃபோர்ப்ஸ் நடுத்தர கிழக்கு , நடுத்தர கிழக்கு , உலகம் கொடுப்பனவுகள் அறிக்கை , ஸாபிஜெமினி ஆராய்ச்சி , போஸ்டன் ஆலோசனை குழு , என்றாலும் இணையதளம் ,

Rise of Contactless Dining anticipating food service industry says Brandessence Market Research

Rise of Contactless Dining anticipating food service industry says Brandessence Market Research
PUNE, India, Dec. 28, 2020 /PRNewswire/ Rising cases of COVID-19 worldwide, increasing adoption of contactless dining by restaurants/hotels, advanced technology of contactless payments and increasing government initiatives for Contactless dining are driving the market growth. Contactless Dining Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027.
Contactless dining is mainly reduces the customer contact with anything that someone else might have touched by removing the use of high-touch elements at restaurants. This is used by restaurants to reduce customer s contact. For this, contactless dining restaurants offers menu items with pictures on their mobile phones for these customers have to scan the QR code provided at restaurants. Benefits of this QR menu are such as completely Contactless ordering, enticingly delicious visuals, gain a competiti ....

United States , New Zealand , City Of , United Kingdom , Deepinder Goyal , Kostenloser Wertpapierhandel , Asia Pacific , Aniket Patil , Federal Reserve Bank , Brand Essence Market Research , Presto Logistics Company , Brandessence Market Research Consulting Pvt , European Centre For Disease Prevention , Restaurants Hotels , Dining Market , Global Size , Forecast Analysis , Sample Report , Contactless Dining , Contactless Dining Market Segmentation , Contactless Ordering , Bellymelly Launched Contactless Menu Ordering , Contactless Dining Free , Zomato Contactless Dining , Rising Cases , Contactless Dining Minimizes ,