This week, we discuss global events that are impacting consumer behavior in parts of the world and a new streaming service subscription from CNN. 

Brace for a significant increase in transaction decline & churn rates

As Russia advances into Ukraine, the economic impact is unfathomable. Merchants with customers in Russia are going to experience a big hit in transaction decline rates and churn rates as a result of Visa, Mastercard, and most recently Amex blocking Russian financial institutions from their global networks in compliance with recent government sanctions. 

In response, Visa and Mastercard have both pledged $2 million for humanitarian aid. Read more on Economic Times,, and CardNotPresent.

Here’s what you can do about it:

CNN announces pricing for new streaming subscription 

Later this year, CNN will be debuting its streaming service CNN+, featuring eight to 12 hours of live programming daily as an “additive experience that complements the core CNN linear networks and digital platforms.” Early birds can lock in a $2.99 monthly lifetime cost if they sign up within the first month. Otherwise, subscriptions will cost $5.99 monthly or $59.99 annually. Read more on TVInsider.