Under the current administration’s trade policies, Chinese imports come with prohibitively high tariffs, approximately $370 billion or so each year. Several U.S. companies are consequently being strategic in how they maneuver around these additional financial challenges while sustaining the steady product supply vital to their...
Through an effort to enable cross-border payments, Postepay clients can now access the cross-border and cross-currency platform of Western Union to send funds around the world. The arrangement brings together the assets as well as expertise of Poste Italiane with Western Union, per an announcement. Western Union President...
The speech-to-text API market is predicted to grow to $4.1 billion by 2024, so long as rampant fraud and rising churn don’t stand in its way. But how can providers work to keep their subscribers from straying? In the latest Global Recurring Payments Tracker, Kate...
The subscription business model is growing sharply across the globe, and for good reason. Companies can bank on its recurring revenue stream to more confidently plan expansion, for example, and manage cash flow. The subscription business is also contending with the twin challenges of fraud...
Subscribers expect frictionless payment experiences, whether they are accessing videos, music or software as a service (SaaS). Some subscribers may eventually choose to abandon their subscriptions voluntarily, but a significant share could be blocked from access due to logistical issues like expired credit cards or...
Software-as-a-Service (SaaS) support platforms have more to worry about than solving customer service problems — they must manage the backlash when interrupted subscription payments shut customers out from getting the help they need. In the new Global Recurring Payments Tracker, Pablo Kenney, director of product...
Entertainment powerhouse Disney made a big splash last month when its long-awaited streaming service Disney+ officially launched on Nov. 12. Within weeks of the launch, Disney+ acquired more than 10 million global subscribers, making the service highly competitive in the SVOD/OTT space. As a newcomer...
International payments and money transfer service CurrencyFair has announced Friday (Nov. 22) the launch of its new cross-border collections solution for marketplaces, according to a press release. Dublin-based CurrencyFair has a user community of 150,000, who have traded the equivalent of over 9 billion pounds...
Brazil’s potential customer base tempts global subscription service providers, as the South American country boasts a population of 200 million and had 132 million people with internet connections in 2018. Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and...
