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E-commerce trends to watch in 2018

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 Insights

10-Jan-18 Worldwide retail e-commerce sales reached USD2.3 tn in 2017, 10% of all retail sales, and are set to hit USD4.5 tn by 2021. Experts say retailers that have implemented personalisation strategies will see sales gains two-to-three times greater than others. [image: What's Brewing]

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Gulf Bank driving new era of growth in Kuwait

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 Insights

10-Jan-18 Amid a wave of digital products flooding the Kuwaiti banking market, Gulf Bank has established itself as the national leader in innovation, with its groundbreaking biometric face recognition technology and numerous e-payment systems. [image: World Finance]

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Bank to e-wallet instant fund transfers to launch in Hong Kong

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 Insights

10-Jan-18 A fast and easy payment system linking major banks and electronic payment platforms will be available in Hong Kong in September 2018. A pilot scheme is also in the works to allow people to pay government bills using their electronic-wallets. [image: Dickson Lee / SCMP]

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Japan's love of cash is a costly business

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 Insights

08-Jan-18 Thanks to a die-hard affection for cash, Japan loses over USD17.6 bn every year as a result of 65% of payments being settled in cash, more than twice the average 32% among other developed economies. [image: BCG]

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