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Chinese mobile payments 50 times larger than US

Chinese consumers made mobile payments worth $5.5 trillion in 2016, compared to the US’s $112 billion market, a new study has found.

  • Tech trends

Data helps retailers create smarter stores

Smart shops will use AI to mine its customer and in-store data to make recommendations to increase sales in real-time.

  • Tech trends

Asia-Pacific e-commerce soars

Asia-Pacific’s e-commerce sector will likely generate sales of US$1.4 trillion in 2017, a compound annual growth rate of 27% since 2013, according to a survey by GlobalData.

  • Tech trends

P2P payment trends: What’s next?

Person-to-person payment methods (P2P payments) are experiencing a surge across all generations. 

  • Tech trends

3 out of 4 Apple Pay transactions happen outside the U.S.

Only a quarter of Apple Pay transactions come from its native US, according to Apple’s CFO Luca Maestri.

  • Customer Experience

AI and chatbots transform the retail industry

Over 100,000 chatbots have been developed for use on Facebook’s Messenger app, giving retailers unparallelled data about customers to help grow business.

  • Tech trends