COVID-19 pandemic Archives

Over half of Americans who have tried contactless payment will use it again

05/13/202005/12/2020 Sam Lambert

New Amex research shows 58 percent of people who tried this type of transaction are more likely to use it. Americans who have tried contactless payment because of the COVID-19 pandemic are more likely to use it again, said results from a new Amex survey. Online and mobile ordering for delivery and pickup options are also more appealing to consumers. Contactless payment and online and mobile delivery and pickup options are becoming increasingly popular options. Moreover, consumers who tried them for the first time due to the coronavirus pandemic are…

MIT machine learning model predicts COVID-19 spike with eased quarantines

04/21/202004/17/2020 Jorge Gonzalez

Machine learning model - disease spread - man wearing mask

The calculation is based on publicly available data combined with outbreak epidemiological equations. MIT has developed a new machine learning model mean to predict the rate and pattern of spread of the COVID-19 novel coronavirus. It predicts that if quarantine regulations are lightened, the disease will spread much faster. The machine learning model was based on established epidemiological equations about outbreaks combined with publicly available data as well as neural network-based inference. When it was applied to the coronavirus spread data from late January to early March, its predictions proved…

Alipay mobile wallet launches Wuhan merchant recovery effort

04/13/202004/10/2020 Jesse Collins

Alipay mobile wallet - shops and hotel in China

The top m-payment provider in the world is implementing several local assistance strategies. As Wuhan re-opens after having been the heart of the COVID-19 pandemic, Alipay mobile wallet is moving forward with a number of measures to help local merchants recover. The m-payments giant has 900 million direct customers and is launching new assistance efforts. Alipay mobile wallet is owned and operated by Ant Financial Services Group. It has 900 million direct customers. It recently created a special page on its smartphone app. This page is meant specifically to identify…