Alternative payment methods are defined as any payment that isn’t cash, credit, or debit card. Alternative payment methods may represent a buy now pay later plan, digital wallet, mobile payment, online banking, real-time payment, or voucher-based payment. - From Infographic Journal
There is a world of college majors to choose from in topics that range from broad to obscure. Over the years, there have been many trends and changes in the higher education industry. STEM is on the rise, liberal arts struggles, then surges again. - From Infographic Journal
The Paris Olympics are estimated to cost over $9 billion to host, making them one of the less expensive Summer Olympic Games in recent memory. The International Olympic Committee requires cities to have at least 40,000 hotel rooms for spectators and an Olympic Village that can house 15,000 athletes and officials. - From Visual Capitalist
The United States leads world economies today. The only significant change of fate for the US was a dip in the 90s in which Japan surpassed the U.S. This huge economic boom in Japan was driven by their production of electronics and cars. They had a boom of industrial growth after the Korean War and an expanding, motivated workforce. - From Infographic Journal
The prominence of cash for use in transactions is dropping in every country measured. This includes countries where cash was preferential method of payment in POS transactions. The report predicts that France, Singapore, South Korea, the UK and the U.S. will fall below the 10% transaction value threshold for cash by 2027. - From Visual Capitalist
As the largest retailer by sales globally, Walmart raked in $628.6 billion dollars in revenue, with 84.7% of its revenue being domestic. Today, about 90% of Americans are located within 10 miles of a Walmart store, attracting 200 million visitors each month. To gain a greater edge in the market, Walmart is expanding its advertising business, launching a premium product line, and growing its digital sales channels. - From Visual Infographic
52% of consumers are extremely concerned about their personal finances compared to 61% last year. 43% of consumers fear their personal finances will worsen in the next 6-9 months, far below the 80% last year. One in five consumers has already used generative AI in shopping. - From Cap Gemini
North America’s share of public transport and active mobility (walking and biking) is the lowest amongst all surveyed regions by a significant amount. On the other hand, public transport reigns supreme in South and Central America as well as Southern and Eastern Asia. It ties with cars in Southeastern Asia, and is eclipsed by cars in Western Asia. - From Visual Capitalist
More than half of respondents are leveraging AI in some capacity across their businesses today. More than half of CEOs of enterprise-level businesses believe that the role of AI-based technology is fundamental to the future of retail. - From Digital Commerce 360
In 2024, a record 4.7 billion people are projected to travel by air—200 million more than in 2019. While revenues surged to an estimated $896 billion globally last year, airlines face extremely slim margins. On average, they made just $5.44 in net profit per passenger in 2023. Today, the industry faces pressures from high interest rates, supply chain woes, and steep infrastructure costs. - From Visual Capitalist
ChatGPT has over 180.5 million monthly users as of March 2024. Nearly 15% of the ChatGPT users are from the United States. More than 92% of Fortune 500 companies are using ChatGPT. atGPT is forecasted to generate a revenue of $1 billion in 2024. 53% of the readers failed to identify ChatGPT written content as AI-written. – From Demandsage.com
The combined wealth of the 10 richest individuals in the world amounts to $1.44 trillion. The cumulative net worth of the top five richest individuals grew 4% in 2023, to $904.9 billion. - From Visual Capitalist
While Japan and Singapore ranked first for the last five years, four European countries—France, Germany, Italy, and Spain— climbed the ranks this year. The U.S. ranks in seventh, one of its worst relative rankings ever. After many years in the works, U.S. travelers will need a visa to travel to Europe in 2025. - From Visual Capitalist
Together, the 100 most valuable brands in the world are worth more than $5 trillion. In 2024, more than half of the 100 most valuable brands are based in the United States, with a combined value of $3.2 trillion. - From Visual Capitalist
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