News

Retail
Perfect Corp. Pairs With Avon On AR- And AI-Based Sales
August 24, 2021

Beauty tech solutions provider Perfect Corp. on Tuesday (Aug. 24) announced a partnership with Avon México that will integrate augmented reality (AR) and artificial intelligence (AI) through facial analysis technology in its YouCam Makeup app for more personalized consumer shopping experiences. Get the Full Story...

Retail
Best Buy Reports Record Q2 Results, Plans Nationwide Rollout Of Membership Program
August 24, 2021

Best Buy’s domestic online sales dropped more than 28 percent in the second quarter after a 242 percent jump the previous year, but the company on Tuesday (Aug. 24) reported increases in its enterprise revenue, domestic revenue and international revenue. Get the Full Story Complete...

Retail
Urban Outfitters Enters Secondhand Market With Thrift Store App
August 24, 2021

Urban Outfitters Inc. is launching the Nuuly Thrift app for secondhand goods, the company said Tuesday (Aug. 24), initiating an online resale marketplace for clothes customers no longer want. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
US SEC Mulls New Rules For Customer Engagement Tactics
August 24, 2021

The U.S. Securities and Exchange Commission (SEC) is planning to release a wide-ranging consultation this week that could have repercussions for retail brokers, wealth managers and robo-advisers that rely on digitally-driven customer engagement tactics. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Biden To Confer With Top Tech CEOs About Cybersecurity Turmoils
August 24, 2021

U.S. President Joe Biden is expected to meet with the CEOs of Apple, Microsoft, Amazon and others on Wednesday (Aug. 25) to discuss cybersecurity concerns during a time when ransomware and other breaches are at an all-time high, Bloomberg and other media reported on Tuesday...

B2B Payments
Costly And Slow Cross-Border Payments Are Crushing SMBs And eCommerce Growth
August 24, 2021

Freshly armed with $10 million in Series A funding, Hong Kong-based Currenxie is on a mission to provide businesses with a hassle-free cross-border payments experience, no matter where they’re based or what currencies they do business in. Get the Full Story Complete the form to...

B2B Payments
Freightos API Embeds Logistics And Payments Into B2B Marketplaces
August 24, 2021

To hear Freightos CEO Ruthie Amaru tell it, her company has put a lot of time and effort into creating an entire payments ecosystem around freight workflows — but somebody had to do it. Get the Full Story Complete the form to unlock this article...

B2B Payments
A Good Payments Partnership Goes A Long Way In Easing The Adoption Of New B2B...
August 24, 2021

B2B payments are in the midst of a dramatic shift — and while the outcomes are yielding greater efficiency, security and productivity, the process of change can be a painful one. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Cybersecurity Czar Richard Clarke Tells PYMNTS ‘New Mindset’ Needed To Win Cyberwar
August 24, 2021

“When I was a kid, criminals robbed banks and had guns. Now they’re not even in the same country. They sit in Eastern Europe on a computer and they make large sums of money,” said Richard Clarke, former national coordinator for security and counterterrorism, during...