NEWS
INS Ecosystem signs memoranda with
Netherlands’ largest postal operator
efficiently as possible. PostNL is constantly improving its excellence
with the delivery of, on average, 675,000 parcels and eight million
letters on weekdays throughout the Benelux.”
I
NS Ecosystem, the world’s first decentralised grocery marketplace,
has announced that PostNL, the leading e-commerce logistics
provider in the Netherlands, has confirmed its intention to distribute
the goods sold on INS Ecosystem marketplace. PostNL will thus
endorse INS Ecosystem’s 2018 major rollout into the Netherlands
that has a grocery market turnover of €35.7 billion. INS Ecosystem
Co-founder, Peter Fedchenkov, said, “In order to revolutionise the
direct-to-consumer interaction and make it the first option model for
manufacturers globally, we need to ensure that goods reach their
intended destinations, managing the supply chain as accurately and
Founded by Peter Fedchenkov and Dmitry Zhulin, INS Ecosystem
enables grocery manufacturers to address consumers directly,
bypassing retail intermediaries, therefore saving up to 30% on
everyday grocery e-shopping. With INS Ecosystem, consumers will
have unimpeded access to both global and local manufacturers,
including farmers, significantly reducing shipping distances and
cutting the costs. Aimed at reducing waste throughout the supply
chain, INS Ecosystem will also leverage blockchain to ensure more
efficient shipping practices while implementing effective pull
systems, decreasing product inventories and saving space.
With seven of the top 20 FMCG global manufacturers having
expressed their strong interest in selling their goods directly to
the consumer, INS Ecosystem will begin its project rollout in the
Netherlands this year: “Our strategic and influential agreements
within the Netherlands are a sign of many great things to come,
while MoU with the region leading logistics operator is a huge leap
forward in our ambitious journey to transform the consumer goods
industry worldwide,” concluded Fedchenkov.
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Over 175 million Europeans ready to pay with
wearable devices
continued growth, barriers to using contactless
have also decreased. Concerns around fraud see the
greatest decrease (–24%), with the Netherlands
(–41%), Spain (–33%) and the UK (–31%) seeing the
biggest drop in fraud concerns across local markets,
building trust in Mastercard contactless technology.
O
ne quarter (24%) of Europeans expect to start using ‘tap and
go’ contactless payments with a smartwatch, bracelet, keyring
or other forms of wearable payments, according to new figures from
Mastercard. Contactless spend on Mastercard and Maestro grew by
145% in the last year and the huge success of contactless has seen
many Europeans willing to explore new ways to pay.
The figures come as the Netherlands embarks on a wearable
payments trial for leading Dutch bank ABN AMRO. Alongside this
www.intelligentcio.com
Banks across Europe are also working with Mastercard
to deliver this new wave in contactless payments. ABN
AMRO is one of the first banks to enable worldwide
payments with a wearable that’s linked to a current
account, with a pilot for 500 customers of different
age groups who will be experiencing what it’s like
to make contactless payments with a ring, watch,
bracelet or keyring.
“Europe leads the world in contactless payments and its
overwhelming success has created a demand for even greater
convenience,” said Paolo Battiston, Executive Vice President
Digital Payments & Labs Europe at Mastercard. “Shoppers’ trust
in contactless is greater than ever and in turn, it seems they are
ready to take this one stage further by trying contactless through
connected devices. Pilots, like the one we’re involved with in the
Netherlands, will empower consumers in the digital economy.”
INTELLIGENTCIO
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