People have a mental model of shopping that is based on experiences from brick-and-mortar stores. We intuitively understand how this process works: all available products are displayed around the store and the prices are clearly marked. Many stores offer deals via coupons, membership cards, or to special classes of people

Online retail could grow by as much as 25 per cent a year through to 2017, according to management consultancy AT Kearney. According to the study, called “Lifting the Barriers to E-Commerce in ASEAN”, e-commerce remains relatively underdeveloped in Southeast Asia. The authors say it accounts for less than one

Westfield, Google and Groupon all sell the same thing. They all sell traffic. All these businesses pitch a certain story to consumers, accumulate traffic, then sell the traffic to businesses. Traffic is the lifeblood of every business because all traffic, at its core, is just “potential customers.” Traditionally, businesses have

Millennials, the great demographic wave, are embracing mobility and as a consequence the decades-old tradition of visiting bank branches may be on the way out, according to a new study by Gemalto. One in four millennials has effectively abandoned branches altogether. According to the study which is called “Generation mBanking: An

All arguments in support of Bitcoin refer to its use as a medium of exchange. There are no problems with that aspect of it — in principle. In practice, Bitcoin is less than perfect due to its wild valuation swings. These derive in part from the fact that it has

Customers these days are so spoiled by technology: take Uber, the app frees you from worrying about having cash or credit card when taking cab and even lets you enjoy your own personalized Spotify playlist in Uber cars. Well, that, together with Google, Facebook etc… and their lightning-speed innovations have

Online money transfer service WorldRemit has raised $100m in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners. It is the second major funding announcement in recent weeks in the money transfers market following the news that Andreessen Horowitz back Transferwise collected

Digital technology and pervasive access to the Internet have reshaped many industries, and banking is no exception. Hampden and Co is the latest in a short but growing list of digital-only banks operating not out of bricks and mortar, safes and strongboxes, but entirely virtually — in the realm of

The world’s shoppers have spoken, nothing will get in the way of a good bargain – certainly nothing as porous as a national border. Now a new study by Forrester Research (commissioned by FedEx) reveals some of the forces underpinning the shift. The report is available as a whitepaper called “Seizing

Crowd sourcing platform DesignCrowd,  announced that it has closed a new $6M ‘Series B’ capital raising in a round lead by Daniel Petre and Craig Blair’s news Australian venture capital firm AirTree Ventures. Existing investor Starfish Ventures  which previously tipped $6M into the company  is also participating and the new round brings DesignCrowd’s