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Target s new delivery strategy shows FedEx and UPS are being disrupted by the gig economy.
Top analysts see gig startups taking volume from UPS and FedEx.
Startups are raising millions to build gig-backed delivery networks.
Target is making a tweak to its e-commerce logistics strategy and good results could be bad news for UPS and FedEx.
The retail giant will use Shipt drivers to pick up e-commerce packages at its new sortation center in Minneapolis for delivery directly to customers, COO John Mulligan announced earlier this month.
2021 SCO International Investment and Trade Expo kicks off 26 April 2021 13:00 Share in:
QINGDAO. KAZINFORM The inauguration ceremony of the Online Business Exhibition and Promotion of 2021 SCO International Investment and Trade Expo took place on Monday in the city of Qingdao, China, Kazinform reports. It will be held until April 27.
The SCO member states are expected to showcase their goods and services. This year it focuses on goods and services in sectors such as finance, agriculture, culture and tourism, light industry, international logistics, modern trade, investment, exchanges in business.
The SCO was established in 2001 by Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. India and Pakistan became its full-fledged members in 2017.
solarisBank
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‘Massive’ potential for embedded finance in Europe - Solarisbank 4 hours ago
3 Research by Solarisbank and the Handelsblatt Research Institute has found considerable conversion potential for e-commerce providers to offer financial services in Germany, confirming the significant opportunity embedded finance may hold across Europe.
Embedded finance, defined in the report as the “integration of financial services into products and business processes of non-banks” is becoming increasingly relevant to fintech, due in large part to the influences of Open Banking and digital transformation across traditional financial services.
The commerce ministry on Monday said it has started a COVID-19 helpdesk to help resolve issues of exporters and importers pertaining to international trade such as customs clearance delays and banking matters. The Directorate General of Foreign Trade (DGFT), an arm of the ministry, took this initiative to monitor the status of exports and imports, and difficulties being faced by trade stakeholders in view of the surge in COVID-19 cases. DGFT has accordingly operationalised a COVID-19 Helpdesk to support and seek suitable resolutions to issues arising in respect of international trade, the ministry said. It added that the helpdesk would look into issues relating to import and export licensing, customs clearance delays and complexities arising thereon, import/export documentation, and banking matters.
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What Can we Learn From ING’s €3 Million AML Fine in France? 4 hours ago
A €3 million fine is the latest in a number of anti-money laundering fines for ING, but what can they and the rest of the sector learn?
At the beginning of March, ING was fined €3 Million for failures in anti-money laundering regulation. It’s the latest major AML case involving European regulators and confirms this will continue to be one of the most serious issues financial firms face over