If you’re struggling to understand the complex web of age verification challenges, from shifting regulations to considerations specific to your business, don’t worry — you’re not alone. We wrote this guide to help you figure out what’s important in the world of age verification — and how to build a solution that meets your needs.

Read this guide to learn:

What strategic questions to answer with stakeholders to design the right age verification process for your business

The buzz around online shopping is not a buzz anymore. It’s the sound of sirens in a traffic jam. Or an ultra-loud concert. Or your voice when stubbing your toe. Yep, it’s extremely loud. But is it merited? Is e-commerce overtaking brick-and-mortar retail that quickly? Or was it just a minor window fueled by the unfortunate events of the pandemic?  

Let’s dive into the data.

Online sales are eating the overall commerce share

The industry must rekindle growth when it’s scarce and reduce costs when a lot has been done. Leaders will take on more portfolio changes and capability builds than in past decades. The consumer goods industry was an investor darling for decades, delivering a reliable formula of more than 5 percent growth at healthy, stable margins. Over the past ten years, however, top-line growth has faded away. While consumer packaged goods (CPGs) have searched for it, they have ended up scrambling to generate the earnings growth they need through cost reduction.

After more than 16 months of extraordinary buzz around ChatGPT, GenAI and Large Language Models (LLMs), it seems clear that while LLMs may not reshape all core payment solutions, they are undoubtedly revolutionising the surrounding payment ecosystem, and we are convinced that our industry needs to prepare for their adoption. GenAI is expected to further modernise the online checkout experience, unlocking a new era of personalised conversational commerce. However, productivity gains will play the most pivotal role in shaping the future of the payments industry. Ultimately, the efficiency and seamlessness of payments operations will determine the long-term success of GenAI and its adoption by payment companies.

Access exclusive first-party data on the benefits of using AI customer solutions to respond to website visitors and transform your ecommerce shopping experience. Driven by breakthroughs in generative AI, conversational virtual assistants are revolutionizing the way businesses interact with website visitors.

Messaging Automation Quality Reaches Unprecedented Levels

Brands at the forefront of this technology are mastering the art of online conversation management, achieving new heights in customer service quality. This barometer highlights these significant advancements, emphasizing how AI messaging automation is essential for boosting sales performance and enhancing the customer experience.

To capitalize on change, companies must invest in sustainability, digitalization, and skills and talent. The retail and wholesale industry is a key economic sector in the European Union (EU). It comprises nearly five million enterprises, about one-fifth of all companies registered in the EU. Collectively, these companies meet roughly one-third of total household consumption needs in the EU, generating annual revenue close to €7 trillion.

Generative AI is poised to unleash the next wave of productivity. We take a first look at where business value could accrue and the potential impacts on the workforce. AI has permeated our lives incrementally, through everything from the tech powering our smartphones to autonomous-driving features on cars to the tools retailers use to surprise and delight consumers. As a result, its progress has been almost imperceptible. Clear milestones, such as when AlphaGo, an AI-based program developed by DeepMind, defeated a world champion Go player in 2016, were celebrated but then quickly faded from the public’s consciousness.

The Financial Stability Board (FSB) today published its inaugural annual report on KPIs for meeting the targets for cross-border payments. This report is complementary and provides a quantitative and qualitative overview about the challenges facing cross-border payments, the progress being made on the G20’s priority actions, and public and private sector projects underway globally to enhance cross-border payments.