Remove 2027 Remove Marketing Remove Regulation
article thumbnail

Walmart India Head Upbeat About eCommerce Prospects

PYMNTS

Walmart India President and CEO Krish Iyer expects the eCommerce market in India to explode during the next decade. According to a report in Money Control citing Iyer, the executive expects the online retailing market to see growth of six times to reach 12 percent during the next decade.

Online 177
article thumbnail

Amazon India Claims Fairness In Seller Relationships

PYMNTS

It is expected to reach $70 billion in GMV and $11 billion in net sales by 2027. In April, the company revealed that it was expanding its grocery offerings in India , as the company anticipates that the market will account for over half of its business in the country in the next five years.

Groups 151
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to seamlessly support a new flood of digital consumers’ requests, as well as the data that comes with them. Around The Cloud Banking World.

article thumbnail

India’s Snapdeal On Board With New eCommerce Rules

PYMNTS

1 were an “indication of how effective this regulation” will be. Prior to the new regulations, Reuters noted Morgan Stanley forecast the Indian eCommerce market to grow 30 percent annually, hitting $200 billion by 2027. Reuters , citing the letter Snapdeal penned on Jan.

article thumbnail

Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Eighty-eight percent of surveyed managers expect the health crisis to increase the threat of financial fraud in regulated industries, including online gambling. . Online gambling is also picking up, with the market predicted to be worth $102.9 percent compound annual growth rate (CAGR) globally from 2020 to 2027. .

Online 222
article thumbnail

How Basel III Affected SMB Lending

PYMNTS

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on Friday (June 7). The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space. Some regulators aimed to mitigate that impact.

Lending 100
article thumbnail

Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem

PYMNTS

By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Healthcare in the U.S. is a massive industry. According to the Centers for Medicare and Medicaid , $3.5 trillion — or roughly $11,000 per person — was spent in the U.S.

Fraud 216