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Page 6 - இரு உளவுத்துறை உள்ளடக்கம் சந்தைப்படுத்தல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UK unveils call to action to protect London s fintech crown

Starling doubles down on its UK SMB growth ambitions

But that will require broadening its current focus from acquisition to retention. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client. CEO Anne Boden expects the neobank will hold 18% of the UK s small- and medium-sized business (SMB) market in the next five years, up from its current 4.4% market share,  according to Insider.co.uk. Boden cites Starling s technology as key to reaching this goal. Starling doubles down on its UK SMB growth ambitions. Insider Intelligence Starling s recent growth in the UK SMB segment is due in large part to its participation in government-backed coronavirus relief loan programs. The neobank became 

Mastercard and Visa credit card fee hikes may be on the horizon

After delaying card fee adjustments in 2020, Visa and Mastercard rumored to raise card fees.  Both networks are set to raise credit card merchant fees this spring for select purchases, including ecommerce transactions. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. Visa and Mastercard are reportedly going to be increasing merchant fees for certain credit card transactions in April,  per The Wall Street Journal. Both networks  pushed back planned fee adjustments in 2020 due to the coronavirus pandemic. Visa and Mastercard rumored to raise card fees. Insider Intelligence But now, Visa and Mastercard are rumored to soon be imposing higher card fees that would likely mostly affect online credit card transactions, which have become more

Ecommerce helped retail in 2020 as consumers adopted online shopping

And this spells good news for players like Amazon and Walmart. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. Total ecommerce sales in 2020 jumped 32.4% year over year (YoY), reaching a whopping $791.7 billion,  according to the latest data from the US Census Bureau. Ecommerce sales accounted for 14% of total retail sales last year marking an increase from the 11% it made up in 2019. Retailers like Amazon and Walmart cashed in big during the 2020 ecommerce boom. Insider Intelligence The coronavirus pandemic was a key growth factor, as more consumers  turned to online channels to complete their purchases in order to avoid in-store environments, especially amid early lockdown measures as well as during the peak 

HSBC cuts its deep US losses and goes all in on Asia

HSBC s exit from US retail banking places Hong Kong and China center stage. This is a move that points to a more profitable future, but is threatened by an increasingly complex geopolitical landscape. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client. The bank is scrapping its US retail  plan and making a strategic pivot toward Asia,  per The Wall Street Journal. HSBC is doubling down on its China and Hong Kong roots. Insider Intelligence The decision accelerates a shift away from its beleaguered US operations and follows the shuttering of 80 branches across the country in 2020. HSBC is considering selling its remaining 150 US locations to enable its broader focus on Asia. It plans to invest around $6 billion into the region over the next five years and allocate half of its total capital there in the next three to s

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