Amazon sold more than 175 million products during its global Prime Day sales this year, eclipsing any of its previous sales events. But US customers are reporting the ecommerce giant hasn’t been able to keep up with demand, failing to deliver items within its advertised delivery periods. Sign up for
The title of Australia’s newest bank has changed hands once again, with neobank 86 400 receiving its ADI licence from APRA today. 86 400 is the third fintech upstart to earn itself an unrestricted banking licence this year, after Volt Bank collected its banking licence in January, followed by Judo
While the traditional distinction between B2B and B2C marketing has been long established, it is worth questioning whether this is still a valid distinction. It is becoming more common, for instance, for B2B companies to see the benefit of being able to use online channels to sell directly to clients.
The volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic peer-to-peer (P2P) payments will drive this growth; accounting for 80 per cent of all domestic transfers in 2024, according to new data from Juniper Research. According to the new
After a successful trial in Sydney, Alipay has expanded its ‘city card’ program to Melbourne to promote the city’s leading tourist and retail destinations to Chinese visitors. The new Melbourne City Card is being promoted by City of Melbourne to participating business precincts and shopping centres as part of the
Amazon’s artificial holiday sale is underway in Australia. Amazon Prime Day was launched in 2015 and first held in Australia in 2018. At the time it was the company’s biggest sales day since launching a local presence in Australia in December 2017. Sign up for Which-50’s Irregular Insights newsletter The
Australians got a taste of a world without digital payments on Thursday afternoon when Telstra network outage took down ATM and Eftpos machines at some of Australia’s biggest retailers. All services have now been restored and the telco has apologised for the impact and inconvenience to business and their customers.
A committed and engaged workforce is essential to deliver a winning offering in a competitive retail environment, says Michael Schneider, MD of Bunnings Warehouse. Speaking yesterday at an event hosted by Facebook for its Workplace product, Schneider outlined how the home improvement retailer approaches employee engagement. Sign up for Which-50’s
London-headquartered ecommerce tech provider, Doddle, has launched in Australia, opening offices in Sydney and Melbourne. The business was founded in 2014 as a click and collect service and now provides retail and logistics technology solutions cover every aspect of ecommerce fulfilment; from in-store click and collect to enabling digital and
Consumer expectations and behaviours are changing more rapidly than enterprise technology, forcing retailers to rethink how they design and architect their technology stacks to differentiate their offerings and avoid racking up technical debt. One approach to this conundrum, which is gaining more airtime in conferences and discussions between vendors, consultants,