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After scaling back some of its crypto offerings in the UK and fully halting its crypto operations in the US due to regulatory hurdles in 2023, it’s been ramping up its offerings again in the UK. In May, the fintech unveiled Revolut X, a standalone crypto exchange for professional crypto traders in the UK. Revolut also launched virtual crypto debit cards earlier this month.

A2A payments accounted for 18% of Europe’s ecommerce transaction value in 2023, per Worldpay’s 2024 Global Payments report. In the US, it made up just 5% of ecommerce transactions. In the UK, Visa’a A2A Faster Payments totaled £3.7 trillion ($4.6 trillion) in 2023, up 15% YoY. But growth is expected to be modest given the lack of incentives for customers to make the switch for retail purchases.

UK-based health and beauty retailer Boots. It had been in talks to be sold multiple times over the past few years. What a sale-and-split means for Walgreens’ future: A take-private sale could alleviate some of the pressure that Walgreens has been dealing with over the past few years. Not having to meet shareholders’ expectations would allow executives to focus on reorganizing the new business units.

Ecommerce payment preferences vary country by country, but digital wallets now lead in Denmark, Germany, Ireland, Italy, Spain, and the UK, giving them the biggest overall share of European ecommerce transaction values, per a March 2023 report by FIS.

Cost, lack of third-party verification, limited on-site ad space, and limited activation options are some of the top challenges brands and advertisers in the US, France, Germany, and the UK face when using retail media networks (RMNs), according to an August 2023 DoubleVerify study.

OnlyFans posts record-breaking $6.63 billion in 2023 gross payments: Creator base grows 29%, but regulatory challenges loom.

On today’s episode, host Bill Fisher is joined by our analysts Paul Briggs, Matteo Ceurvels, and Carina Perkins to talk about the upcoming crowning of King Charles III in the UK, other major events around the world, and what sort of effects they will have on retail and marketing.

On today’s podcast episode, we bring you the major themes that we witnessed directly from the Money20/20 conference in Las Vegas, Nevada. Recorded from the conference floor, we discuss the data and tech required to offer customers payments choices, expectations in embedded finance, and consumers’ privacy and trust. Tune in to the discussion with host Rob Rubin, our principal analyst Tiffani Montez, and Sean Welsh, senior vice president and managing director of financial institutions at Affinity Solutions.

It released draft legislation to provide more safeguards for UK consumers, many of whom are under financial strain.

PayPal partnered with Verifone to pair the point-of-sale (POS) provider’s hardware with Braintree’s payment processing and ecommerce capabilities, which are being rebranded as PayPal Enterprise Payments. This can help the company, which dominates ecommerce checkout, make inroads in store.

On today’s episode, host Bill Fisher is joined by our analysts Paul Briggs, Matteo Ceurvels, and Carina Perkins to examine what impact global economic turbulence is having on retail and ecommerce in different markets.

Our annual report on ecommerce in Canada highlights our most recent forecasts for all flavors of retail, including brick-and-mortar, digital buying, and mobile commerce.

Amazon will capture more than half (51.1%) of all retail ecommerce sales in Germany this year, according to our forecast. Canada will have the second-highest share of Amazon ecommerce sales among the countries we track, at 41.5%, followed by the US, UK, Japan, and Mexico.

However, both ecommerce retailers saw only slight increases in daily active users, with Shein’s UK daily active users growing 5% MoM and Temu’s growing 10%. While the increase in ad spend was heavily concentrated on the UK and France, the platforms also boosted spend in Germany, Spain, and Italy.

Social media users in select countries (US, UK, Australia, France, and Saudi Arabia) trust brands over influencers when it comes to finance, apparel, and skincare, per an October study from Snap Inc. and IPG Magna. Finance is where this trend is most pronounced.

The news: Digital fraud fell but was still rampant during the Cyber 5 holiday weekend—4.2% of all attempted US ecommerce transactions were suspected to have been fraud between Thanksgiving and Cyber Monday, per TransUnion. This was a decline from last year’s 5.8% despite increased ecommerce activity this year.

In the UK, bank customers ranked messaging apps like WhatsApp above mobile app notifications for fraud alerts, ID verification, and overdue payment notices, highlighting how WhatsApp has become a trusted B2C channel in the heavily regulated finance industry.

For example, Affirm expanded its tie-up with Shopify in the UK and Canada, and Klarna partnered with Worldpay, JPMorgan Payments, and Adobe Commerce. Both firms have also partnered with Apple Pay and Google Pay. But individual partnerships are still important if BNPL players want to reach larger merchants like Stitch Fix.