Industry insights blog

Why and how GDPR applies to people globally
07 Dec: Why and how GDPR applies to people globally

Privacy and data protection are fundamental rights. When respected they help improve trust and reduce power imbalances. Individuals should have rights over their personal data, regardless of who holds or processes it, and effective ways to enforce those rights, through independent bodies. While not an ideal solution, GDPR gives individuals more control over their personal data. Rather than burdening individuals…

Alibaba-led eWTP finds first European partner: Belgium
06 Dec: Alibaba-led eWTP finds first European partner: Belgium

Belgium has signed on to become a member of the Electronic World Trade Platform ­– the first country in Europe to do so.
Alibaba Group on Wednesday signed a memorandum of understanding with Belgium to bring the eWTP to the country of 11.4 million, with Belgian Prime Minister Charles Michel and Deputy Prime Minister Kris Peeters as well as Alibaba Group…

Carrefour to open its own registerless store
05 Dec: Carrefour to open its own registerless store

French distributor Carrefour will be testing its own registerless store concept next year. Just like pioneer Amazon Go , Carrefour will rely on cameras and facial recognition to achieve a fully automated checkout system.
A first for Paris
According to French trade magazine Linéaires, the first experiment will be a small test store in Massy (near Paris). The store will measure 56 square…

2018 Deloitte holiday retail survey
04 Dec: 2018 Deloitte holiday retail survey

A perception of a strong economy as well as robust household financials are the main drivers of holiday spending. Overall, consumers indicate their average holiday spend will increase from US$1,226 to US$1,536 per consumer. Most consumers (78 percent) report they plan to spend more or the same amount as they did last year (figure 2). For those planning to spend more,…

New regulation removing unjustified geoblocking inside EU comes into force
03 Dec: New regulation removing unjustified geoblocking inside EU comes into force

A new regulation proposed by the European Commission, which removes unjustified geo-blocking in the online environment across the European Union, came into force on 3 December 2018. This means that Europeans will no longer have to worry that a website will block access or redirect them just because they – or their credit cards – come from another country. Wherever they…

Net Neutrality repeal: Can SMB retailers survive in an Internet 'Slow Lane'?
02 Dec: Net Neutrality repeal: Can SMB retailers survive in an Internet ‘Slow Lane’?

If the Internet is divided into “slow” and “fast” lanes, retailers — particularly SMBs — will be faced with a stark choice: pay more to stay in the express lane, or adjust their e-Commerce business to minimize the impact of slow load times and other performance issues. Key predictions for the post-net neutrality era include: Retailers, particularly small- and medium-sized…

The future is connected commerce and collaborative banking
01 Dec: The future is connected commerce and collaborative banking

Against a backdrop of changing regulation and rapid digitisation, financial organisations and fintechs must collaborate if they are to evolve, innovate and remain competitive, says leading payments and e-commerce expert Verifone. From chip and pin to mobile wallets, the payments industry has undergone a rapid transformation in recent years. The advent of the digital age has given rise to new services and…