Manufacturing

2020 eCommerce Industry Threats and Predictions According to a recent report, retail eCommerce sales around are projected to grow to 6.54 trillion in 2022. But this immense growth comes at a cost, with an additional cost burden of $3.00 for every $1.00 in payment fraud paid by merchants, and the rate of chargebacks increasing by up to 20% each year, the potential backlash for e-commerce retailers could increase to nearly 1 trillion over the next five years. “Improving the customer experience has fueled the widespread adoption of eCommerce,” said Monica Eaton-Cardone, COO of Chargebacks911. “And with multi-channel options offering the vision of...

Technology is at early phase of several powerful trends Technology is now at the very early phases of several powerful trends – Artificial Intelligence (AI), 5G networks, the Internet-of-things (IoT) and autonomous transportation. Very seldom in recent history have such a large number of new technologies been ramping up at the same time. Benefits are likely to impact the pressing challenges faced by the global community, including resource conservation, pollution, aging populations that are increasing healthcare costs, reductions in working-age populations in almost all first-world countries and many developing countries, including China. The underlying technologies are largely semiconductor-based systems. 5G...

Bundesliga to be the first league to offer content on UEFA.tv: UEFA launches free-to-air OTT digital platform UEFA has officially unveiled its new Over The Top (OTT) streaming platform - a first for a football governing body - which is aimed at giving viewers greater access to live and on-demand video content from a variety of competitions. The service, which is named UEFA.tv, will initially provide football fans with an entertainment platform which will offer original programming based on 60 years of European football archive. It will also become the home of youth, women’s and futsal UEFA competitions by offering...

Innovation: Pillar of the New Events Industry Over the last few years, the events industry in India has experienced exponential growth and transformation, as a result of advancements in technology, new opportunities, platforms, and so on. While earlier, the sector dealt primarily with small scale events, today, massive, elaborate events are a common sight, with people flocking to them from all over the country. However, large scale events like these require a great deal of ideating, innovating, and brainstorming, and often, are not executed as well as they could have been, owing to the challenges involved. The phrase “If you...

Regulatory Bodies Call on Crypto Industry to Participate in Securities Law Review Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation. In a summary press release about the paper, the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) said it was necessary to adapt existing laws in order to cope with the emergence of new trading platforms specializing in crypto-assets. The CSA is a national standards group covering 57 different areas, while the IIROC is a self-regulatory body overseeing investment dealers...