Opinion in Middle East and Africa

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New drinks review: children's treats inspire a new generation of spirits

Attempts to increase the appeal of spirits among younger consumer age groups through dessert and candy flavor blends feature in this month's summary of novel drinks launches. Meanwhile, an innovative whisky introduction shows that coconut remains a flavor to watch in the spirits market, while cola is uncovering its functional side with an unusual fat-burning launch.

Published By Datamonitor
18 Jul 2012
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Google's new Save to Wallet feature could have a significant impact on the industry

Google recently announced the expansion of its Google Wallet offering with the release of Save to Wallet, a new digital wallet facility. The service, which is designed to enhance the way in which consumers store their card details and use rewards and offers from merchants, signals a noteworthy development that may help to shape the future of mobile payments.

Published By Datamonitor
10 Jul 2012
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Suitors gather as BSI and Merrill Lynch go up for sale

Acquisition-hungry private banks are being served an array of delectable options as Generali, the Italian insurance group, has put Switzerland's BSI Bank up for sale, joining Bank of America in the latest round of non-core asset sell-offs. Yet both opportunities will offer different benefits for buyers with different business models.

Published By Datamonitor
10 Jul 2012
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South African Bank Absa joins the long list of banks with branch "test labs"

Many banks are opening concept or flagship branches in high profile, central locations in order to showcase the latest trends and developments in technology and design. Absa, a South African banking group, announced that its test lab will allow it to create a more interactive environment for customers while promoting and testing new ways of banking.

Published By Datamonitor
27 Jun 2012
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Apple announces the upcoming launch of its Passbook digital wallet

Apple recently announced that its first digital wallet service, Passbook, will launch alongside iOS6 in the autumn of 2012. The system does not yet support payments and is not NFC-based, but Passbook is likely to be a major milestone in the development of mobile payments.

Published By Datamonitor
12 Jun 2012
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Tangible benefits are vital to engaging consumers through social media

Social media has become the new PR in today's increasingly digitalized business environment. It can help businesses grow their customer base, develop brand equity, and obtain much sought-after customer feedback. However, it is important that businesses offer consumers tailored incentives and creative social media content in order to achieve these goals.

Published By Datamonitor
11 Jun 2012
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Google's payment ambitions expand into localized, lower-tech services

The company has announced its first foray into more traditional card-based payments, and its first real-world payments launch outside of Google Wallet in the US, with the unveiling of an NFC contactless transport card system in Kenya. This may mark a significant step in Google's branching out from its other high profile payment launches.

Published By Datamonitor
31 May 2012
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UK and India pressure wealthy individuals to repatriate their assets from offshore centers

Since the onset of the financial crisis in 2008, the disclosure of undeclared offshore assets has come to the forefront of public discourse, resulting in active efforts by governments and tax offices in North America, Europe, and even some of the emerging markets to address the matter. Wealth managers should be able to benefit from the changing rules.

Published By Datamonitor
30 May 2012
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Rapid growth in mobile banking at Bank of America signals shift away from other channels

Bank of America has just announced that it has signed up 10 million of its customers to mobile banking, with 30% of these being acquired in the last 12 months alone. This is just the latest indication that consumers across the world are enthusiastically adopting a way of banking that scores highly for speed and convenience.

Published By Datamonitor
28 May 2012
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Facebook looks to boost revenues to justify its $104bn IPO

In order to satisfy shareholders and justify its market valuation, Facebook is going to have to increase its revenue streams. Current indications are that Facebook aims to achieve this through a stronger focus upon the use of Facebook Credits and the development of its App Center. It looks entirely possible that a Facebook Wallet may follow.

Published By Datamonitor
23 May 2012

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