Open banking has been a hot topic in the financial industry for a few years now, and it’s not hard to see why. With the increasing popularity of digital payments and the rise of fintech companies, consumers are becoming more open to the idea of third-party providers accessing their financial…

Like many other industries, the neobanking industry has felt the impact of the COVID -19 pandemic. But while other industries suffered due to the imposed restrictions and other measures, the neobanking sector flourished. Accelerated further by consumers’ shift away from in-person contacts, neobanks were just the right solution for many…

Social commerce, as a subset of E-Commerce, experienced accelerated growth during and post pandemic. Faced with social distancing and lockdown measures consumers worldwide were forced to use online channels to buy goods and services. Furthermore, during the pandemic, the use of social media also increased, and consumers gradually began to…

Although subscription-based business models have been around for quite some time, consumers traditionally mainly opted for subscriptions of mainly media and entertainment services. The concept became even more popular for physical goods such as food & beverages, beauty & personal care, supplies for pets and animals, and luxury items during…

The outbreak of the pandemic and the measures of social distancing and lockdown that came along with it gave a push to the already growing crypto market, mainly because of the easy accessibility during the pandemic. Furthermore, cryptocurrencies provided a hedge against inflation, affordable remittances, as also acted as a…

After being severely hit by the Covid-19 pandemic, the travel industry globally continues to recover slowly from 2022 on. Travelers are warming up to the idea of traveling again as economies have eased travel restrictions, thus as per data cited in the new yStats.com publication, “Global Online Travel Market 2022”,…

Buy Now Pay Later (BNPL) services have experienced explosive growth rates over the past two years. With online shopping booming despite household budget restraints during the lockdowns, BNPL solutions as a form of easy-to-apply consumer credit were integrated directly into E-Commerce checkouts and caught on quickly. Of the top 3…

With the increasing pattern of mobile phone usage for online activities such as shopping, making payments, or banking, fraudsters started to follow up and target these devices too. Namely, the share of digital banking fraudulent transactions worldwide executed via a mobile app witnessed a steady increase in the past years,…

After the onset of the COVID-19 pandemic, the online retail in Turkey experienced significant growth from 2019 to 2020. The overall online sales value increased by over 65% between 2019 and 2020. In addition, the retail sales in Turkey accounted for over half of total E-Commerce sales in 2020. The…