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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

PYMNTS

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. Another report by retail industry group the National Retail Federation (NRF) suggests non-store sales, which include sales processed online, will expand this year as well.

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Today In Data: All Digital, All The Time, Everywhere

PYMNTS

trillion: Estimated value of the global digital payments market by 2027. 60: Approximate number of nations that, as of November 2018, were pursuing a digital identity plan. 100 million: The expected installed base for smart speakers by the end of 2018 – 2.5 times the installed base at the same time in 2017.

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing. percent by 2027, when it will reach a total valuation of $87.6 Across The Payments Orchestration Ecosystem. It is expected to grow at a compound annual growth rate (CAGR) of 11.1

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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way. By the year 2027, Forrester is predicting U.S. Gownder recently shared his thoughts on how automation will impact the job market. employment will see a 9.8

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India’s Snapdeal On Board With New eCommerce Rules

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Every nation has a right to frame policies that best suit its economic and social needs,” Snapdeal said in its letter. Prior to the new regulations, Reuters noted Morgan Stanley forecast the Indian eCommerce market to grow 30 percent annually, hitting $200 billion by 2027.

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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

It’s the market that should ignite but stubbornly refuses to. In the intervening several years, several forces, most notably the Japanese government, have actively pushed to get the nation off its cash addiction — and into digital payments. Its population is internationally renowned for being enthusiastic early tech adopters.

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The Why Behind So Many Healthcare Payment Buys

PYMNTS

Healthcare spending has grown from $75 billion in 1970, as measured by Kaiser Family Foundation analysis of National Health Expenditure Data , to as much as $3.5 It’s not going to get any easier, either, as healthcare spending may reach $6 trillion by 2027, as noted by the federal Centers for Medicare and Medicaid Services. billion.

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