ANALYSIS | Pixr8 News

Global Digital Payment Transaction Volumes set to reach 1.3 trillion in 2023

15Sep By PriyankaNo Comments

ANALYSIS

Global Digital Payment Transaction Volumes set to reach 1.3 trillion in 2023

Paris, September 15, 2023 – The Capgemini Research Institute’s 2023 World Payments Report, published today, reveals non-cash transaction volumes will reach 1.3 trillion by 2023 globally. As consumers and businesses adopt new digital payment schemes, the report suggests this growth will accelerate to 2.3 trillion by 2027 growing at a rate of 15% annually. At a regional level, digital payments will grow by 19.8% across the Asia Pacific, 10.7% in Europe, and 6.5% in North America by 2027. The expanding digital payment infrastructure, regulations, and open banking are swiftly changing how customers and businesses pay for goods and services. According to the report, by 2027, new payment methods (instant payments, e-money, digital wallets, account-to-account, and QR code payments) will make...

Why People Share Fake News on Social Media

1Jun By PriyankaNo Comments

ANALYSIS

Why People Share Fake News on Social Media

People may feel less unethical about sharing misinformation on social media if they repeatedly encounter the fake news item, even when they don't believe it, according to a study involving more than 2,500 people. The researchers, including one of Indian Origin Medha Raj from the University of Southern California in the US said seeing a fake headline just once leads individuals to temper their disapproval of the misinformation when they see it a second, third, or fourth time. As part of the study, published in the journal Psychological Science, the researchers asked online survey participants to rate how unethical or acceptable they thought it was to publish a fake headline, and the likelihood that they would "like", share, and block or unfollow the person who posted it. ...

26Mar By AnkitaNo Comments

ANALYSIS

Performance Enhancing Drugs In Esports

In the ever-growing world of competitive gaming, Esports is starting to face an issue that many would not expect to come out of the gaming world. Performance-enhancing drugs in Esports would not be your first sports betting pick if you had to choose a sport for there to be an issue with performance-enhancing drugs. But it is becoming a bigger concern in Esports and one that needs to be addressed. Effects of Using PEDsNow we already hit on why esports players use these different drugs to enhance their performance, but the true risk lies in the health concerns of prolonged use of these drugs without the physical need of them. Outside of the performance enhancement aspect of PEDs, use can lead to addiction, overdoses, serotonin syndrome, and severe weight loss. These can be very dan...

Accenture Survey Says Shopping on Social Media Platforms Expected to Reach $1.2 Trillion Globally by 2025

4Jan By PriyankaNo Comments

ANALYSIS

Accenture Survey Says Shopping on Social Media Platforms Expected to Reach $1.2 Trillion Globally by 2025

NEW YORK, January 04, 2022-- A new study by Accenture (NYSE:ACN) found that the $492 billion global social commerce industry is expected to grow three times as fast as traditional ecommerce to $1.2 trillion by 2025. Growth is predicted to be driven primarily by Gen Z and Millennial social media users, accounting for 62% of global social commerce spend by 2025. According to Accenture’s report, “Why Shopping’s Set for a Social Revolution,” social commerce means a person’s entire shopping experience from product discovery to the check-out process takes place on a social media platform. Just under two thirds (64%) of social media users surveyed said they made a social commerce purchase in the last year, which Accenture estimates to reflect nearly 2 billion social buyers globally. “The p...

10Aug By PriyankaNo Comments

ANALYSIS

How much Tokyo Olympics Cost to Japan

In the latest study by the University of Oxford says the official price tag for the Tokyo Olympics is USD 15.4 billion, which is the most expensive on record. All but USD 6.7 billion comes from public money from Japanese taxpayers. According to the latest budget, the IOC's contribution is USD 1.3 billion. It also chipped in several hundred million more after the pandemic. The study found that all Games since 1960 have had cost overruns averaging 172%. Tokyo's cost overrun is 111% or 244% depending on which cost figure you select. Several Japanese government audits say the real outlay for the Tokyo Games is even more than the official figure, perhaps twice as much. "The IOC and host cities have no interest in tracking costs because tracking tends to reveal cost overruns, which hav...

7Jul By PriyankaNo Comments

ANALYSIS

COVID19 effect on People With Diabetes

The history of the pandemic offers an informative overview of the entire section. In doing so, the importance of learning more about the risks COVID-19 poses to people living with diabetes. Diabetes has not yet been shown to increase the likelihood of infection, but progression to severe illness is more likely in people with diabetes. Neither the mechanisms underlying the increased risk nor the best interventions to limit it have yet been defined, but the studies in this issue offer important clues. Clinical characteristics and outcomes of patients with diabetes and COVID-19 in association with glucose-lowering medication The study showed in ADA’s Diabetes Care journal, researchers analyzed data of 904 COVID-19 patients, of whom 136 had diabetes, to evaluate whether the type...

Ways to Earn Extra Money in the Post-COVID Era

30Jun By AdityaNo Comments

ANALYSIS

Ways to Earn Extra Money in the Post-COVID Era

SAN JOSE, Calif., June 30, 2021-- Participating in the gig economy can help you shore up funds when you're in between jobs. Side hustles can also bring greater financial stability during normal times. Think of it this way, If you work for a single company and you are let go, you'll lose 100% of your income. But let's say you side hustle with five clients or gigs, and each of them makes up 20% of your pay. If you lose one side gig and are down to four, you only miss 20% of your income. Side hustling is also a great way to rake in extra cash even while you have a full-time job. And it can also be a way to supplement your pay if you have a part-time job. With the financial uncertainty millions of folks have seen during COVID-19, it can be a better route to provide greater security. ...

Live Stream Market Could Touch $245 Billion By 2027

9Apr By PriyankaNo Comments

ANALYSIS

Live Stream Market Could Touch $245 Billion By 2027

PALM BEACH, Fla., 04/09/2021-- Live Streaming markets actually fared well recently due to the global pandemic and gained precedence in light of emerging social media platforms and affordable data consumption plans. Live streaming software allows users to present a live feed of events. It has been recently been used by social media influencers for gaining followers and debate on interesting topics. According to a recent report from Market Research Future (MRFR), the global live streaming market can expand to USD 247,275 million by 2027. The report included few very important points that we mentioned below, The market is deemed to expand owing to the emergence of various social media platforms providing voice to opinions and commentaries on various interests. This is attributed ...

Estimated 931 mn tonnes of food wasted globally in 2019: UN Report

15Mar By AdityaNo Comments

ANALYSIS

Estimated 931 mn tonnes of food wasted globally in 2019: UN Report

An estimated 931 million tonnes of food were wasted globally in 2019, enough to circle the Earth seven times, according to a UN report. The Food Waste Index Report 2021, from the United Nations Environment Programme (UNEP) and partner organization WRAP, said that around 931 million tonnes of food waste were generated in 2019, sixty-one percent of which came from households, 26 percent from food service and 13 per cent from retail. “This suggests that 17 per cent of total global food production may be wasted,” it said. “The weight roughly equals that of 23 million fully-loaded 40-tonne trucks bumper-to-bumper, enough to circle the Earth seven times,” the UN agency said. The household food waste estimate in the US is 59 kg per capita per year, or 19,359,951 tonnes a year, in Ind...

7 Reasons to Avoid When Selling a Business

7Oct By NitishNo Comments

ANALYSIS

7 Reasons to Avoid When Selling a Business

TAMPA, Fla., Oct. 6, 2020-- Edison Avenue has had enough of witnessing entrepreneurs giving away their net worth to private equity groups, family offices, and other sophisticated investors. The unspoken truth is that many former business owners don't talk about out of embarrassment that they fell into one of these costly traps. Invisible Ink: Frequently an LOI is not worth the paper it is written on. Often, far too many of the terms and conditions are left unaddressed or vague. Business owners often think they understand the price and terms of the LOI to purchase their business. After the buyer's team of accountants, attorneys, and other professionals comb through the business every flaw will be uncovered and used to reduce the price. Th...

After Covid19 Warehouse Demand May Rise in Cities

10Aug By AdityaNo Comments

ANALYSIS

After Covid19 Warehouse Demand May Rise in Cities

The demand for small warehouses within city limits is expected to rise over the next one year as e-commerce firms are targeting to ensure same-day deliveries of food and grocery items to customers, according to a report. The demand is likely to be for warehousing of 5000-10,000 sq ft size, property consultant Colliers International said. “E-commerce companies are focussing on same-day delivery with the pandemic-influenced lockdowns placing greater dependency on e-commerce for food and grocery items,” the report said. The consultant said that e-commerce companies are now trying to stock a larger proportion of inventory closer to their customers’ locations for efficiency and to improve the quality of products upon delivery. “Over the next 12 months, we believe in-city warehouses...

Logistics Trends for 2020 You Should Know About

20Jul By PriyankaNo Comments

ANALYSIS

Logistics Trends for 2020 You Should Know About

In any year, keeping up to date on the latest trends is vital for logistics business owners and operators. In 2020, though, when the world has been hit by a pandemic and shipping and other areas have been impacted, it’s even more important to keep your finger on the pulse. Market conditions and operational possibilities change all the time, but here are some of the key logistics trends for this year that you need to know about. New Marine Emissions Standards At the beginning of this year, the new maritime regulations for sulfur oxides (SOx) came into effect. Shipping and logistics firms now must cut their sulfur oxide emissions to achieve compliance with the International Maritime Organization’s (IMO) 2020 regulations. The rule is designed to curb pollution produced by the wor...