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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. billion by 2025, according to one study. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. reaching a value of $102.9

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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents. The country’s eCommerce market is projected to expand from $21 billion in 2019 to $82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co., and Europe.

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Amazon Sets Sights On Southeast Asia

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The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

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Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

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Alibaba Flexes In Southeast Asia

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Lazada operates in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam and has access to a consumer base of about 620 million. The region’s internet economy is projected to become a $278 billion market by 2025. In total, the region has about 150 million digital customers as of 2016.

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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

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Alibaba Tracker: Earnings Miss, Revenue Soars And The Global Stage Is Set

PYMNTS

While data for digital payment platform company Alipay, run by Alibaba payment affiliate Ant Financial, wasn’t included in Alibaba’s earnings release, it’s known that Alipay has a hold on nearly 70 percent of all online buying in China, as well as a growing number of offline merchants via QR codes.

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