Sampler has acquired Abeo to expand into the global beauty industry. The acquisition adds Abeo’s beauty industry-focused digital sampling agency to Sampler’s omnichannel product sampling platform, the companies said in a Tuesday (April 11) press release. “The beauty industry was an early adopter of digital...
The central bank digital currency (CBDC) field has become crowded, global in scope, and yet in many cases, fragmented. Generally speaking, in concept, the CBDC affords a central bank a way to battle the proliferation of cryptocurrencies, which are still in the midst of a...
The beauty industry is constantly seeking out innovative ways to enhance its bottom line. As a result, the sector is exploring new avenues to increase its revenue, and one significant shift that’s becoming more noticeable is how it approaches advertising. Rather than concentrating solely on...
America’s banking giants are expected to reveal a huge outflow of cash in the days ahead. As the Financial Times (FT) reported Tuesday (April 11), analysts project that depositors looking for high returns from money market funds and other alternatives withdrew nearly $100 billion from...
U.S. companies are more worried about the government impacting profits than a decade ago. A new study by the U.S. Chamber of Commerce — the subject of a Wall Street Journal (WSJ) exclusive report Tuesday (April 11) — finds increasing concern among corporations on things...
As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores that remained open had to evolve. With health concerns swirling, for example, the use of contactless payment options took off....
We’ve all done this dance. You want to send money to another person — you have a Venmo account, but they don’t. They have a PayPal account, but you don’t. Your bank is connected to the Zelle network, and they don’t know if theirs is...
The “critical audit matters” standard reportedly failed to catch key issues in the recent bank failures. The standard, introduced in 2017 and meant to make audit opinions more useful to investors, failed to highlight the unrealized bond losses that brought down Silicon Valley Bank, The...
Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and sent to the companies, Sen. Elizabeth Warren, D-Mass., and Rep. Alexandria Ocasio-Cortez, D-N.Y., asked about recent media reports that executives...
