Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Banking

Spain’s reliance on tourism will hurt its recovery

Spain’s tourism sector makes up approximately 12% of its GDP and 13% of its employment*, and a steep decline in this market will heavily impact the country’s payments sector, says GlobalData, a leading data and analytics company. Ravi Sharma, Banking and Payments Analyst at GlobalData, comments: “According to GlobalData’s 2019 Banking and Payments Survey, travel […]
Read more

Disruption to New Zealand’s key tourism and hospitality sectors hits payments industry, says GlobalData

Fears surrounding the impact of coronavirus (Covid-19) have already significantly impacted the global economy. A similar trend is expected in New Zealand’s tourism industry, which is the country’s biggest revenue contributor, due to overall decline in consumer spending. As a result, it will have a significant impact on the country’s payments industry, says GlobalData, a […]
Read more

China retail savings and investments market set for worst year since 2008 financial crash, says GlobalData

China’s retail savings and investments market is set for the worst year since 2008 financial crash due to the domestic disruption and impact on trade partners as the coronavirus (Covid-19) pandemic has gone global, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Covid-19 Sector Impact: Retail Savings & Investments – China’forecasts […]
Read more

Australian reliance on tourism industry will significantly slow transactions growth, says GlobalData

The total transaction value in Australia has been revised down to a compound annual growth rate (CAGR) of 2.4% between 2019-23 as consumer spending is forecast to decline due to the coronavirus (Covid-19) pandemic, according to GlobalData, a leading data and analytics company. GlobalData’s Covid-19 Sector Impact: Payments Snapshot – Australia report forecasts the value […]
Read more
,

Goldman Sachs is top financial adviser globally in retail sector by M&A value in coronavirus-hit Q1 2020, says GlobalData

Goldman Sachs has dominated the M&A financial advisers league table based on deal value in the first quarter of 2020, according to GlobalData, a leading data and analytics company. The US-based firm secured the top spot by advising on two deals worth US$10.9bn. GlobalData, which tracks all M&A, private equity/venture capital and asset transaction activity […]
Read more

France cash transactions set to decline to 2023 and consumer spending deteriorates

France’s payments industry will be hit by ongoing disruption to its essential tourism industry, though e-commerce is seeing increases, says GlobalData. GlobalData’s post-COVID-19 revised-forecasts predict cash transactions will change from steady growth to yearly declines between 201 and 2023. Cash transactions are now set to fall at a compound annual growth rate (CAGR) of -2.3% up to 2023. Ravi Sharma, Banking and Payments Analyst at GlobalData, commented: “The French tourism industry is particularly reliant on Chinese consumers, as […]
Read more

COVID-19 will accelerate growth of electronic payments, according to GlobalData

The transition from cash to electronic payment will be accelerated by consumer behaviour learned from the COVID-19 pandemic, according to GlobalData, a leading data and analytics company. GlobalData’s Covid-19 Sector Impact: Payments webinar noted that online, cashless and mobile transactions would see long-term growth as consumers change their spending behaviour to avoid contact with the disease in the short term. Sam Murrant, Lead Payment Analyst at GlobalData, commented: “Lockdowns and social distancing measures will force consumers to reduce physical […]
Read more
1 … 25 26 27 28 29 30