Manufacturing — Predictions

Industry Predictions For 2020 The Wills and probate sector have certainly been on a roller coaster ride in 2019 which rattled practitioners, politicians, Lords and the charity sector to the core. There was uproar and widespread disproval from the Law Society, House of Lords and Labour Party regarding the infamous probate fees Statutory Instrument which threatened to be enforced for a year, but eventually disappeared due to a political u-turn. Meanwhile, HM Courts and Tribunals (HMCTS) looked at ways to digitise their processes in order to widen the access to legal services by offering probate applications to be completed online for lay and professional users. Furthermore, HMCTS restructured and centralised the probate registry service, however this caused widespread delays across the sector, going beyond 13 weeks...

2020 eCommerce Industry Threats and Predictions According to a recent report, retail eCommerce sales around are projected to grow to 6.54 trillion in 2022. But this immense growth comes at a cost, with an additional cost burden of $3.00 for every $1.00 in payment fraud paid by merchants, and the rate of chargebacks increasing by up to 20% each year, the potential backlash for e-commerce retailers could increase to nearly 1 trillion over the next five years. “Improving the customer experience has fueled the widespread adoption of eCommerce,” said Monica Eaton-Cardone, COO of Chargebacks911. “And with multi-channel options offering the vision of...