Remove 2019 Remove Continuity Remove Economy
article thumbnail

Mongolia’s Fintech Future: Building a Digital Economy in a Land of Contrasts

The Fintech Times

Following the collapse of Soviet control, Mongolia rapidly transitioned to a free-market economy by 1992, embracing economic reforms that opened the door to global trade and investment. Mongolia is currently classified as a lower-middle-income economy, with a gross domestic product (GDP) per capita exceeding $5,000.

Economy 115
article thumbnail

payabl. Joins the Payments Association EU as It Continues Its Growth Trajectory Across Europe

Fintech Finance

As we continue to grow across Europe, we recognise the importance of building closer relationships with our customers, our partners and the wider industry,” said Ugne Buraciene, Group CEO of payabl. This membership aligns with our vision to drive innovation and the growth of the digital economy in Europe. The post payabl.

article thumbnail

Pandemic Continues To Dull Allure Of Luxury Goods

PYMNTS

COVID-19 continues to take the shine off luxury goods. “We anticipate that the external environment will continue to impact the luxury sector negatively for at least the next 18 to 24 months,” he said in a phone interview after the group reported its most recent earnings. billion compared to 2019. billion in 2019.

article thumbnail

Apple Earnings Blowout In FYQ1 Rides Success Of Connected Economy

PYMNTS

Riding the success of the global connected economy and a better than expected performance from the iPhone 12, the company logged its first $100 billion quarter, with the number reported during its earnings announcement on Wednesday (Jan. billion in 2019. Apple also continued to benefit from the stay-at-home economy.

Economy 94
article thumbnail

ECB Warns Of Global Slowdown In 2019

PYMNTS

27) that the economy on a global basis is headed for a slowdown next year. Reuters, citing the European Central Bank’s regular economic bulletin, reported the European Central Bank said the global economy will stabilize after a slowdown in 2019. economy still showing signs of strength.

article thumbnail

Today In Retail News: Automotive Market Continues Comeback, Conversational Commerce Finds Its Voice

PYMNTS

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Automotive Continues Comeback Leading With Digital-First Tools.

article thumbnail

Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. Now compare it to Q2 2019 and the 6.4 It even dropped from Q2 2019 (46.6 Bottom line: In 2019, Amazon accounted for 6.8 The numbers speak for themselves. D2C Explodes.

Economy 118