For an industry that thrives on sensory experiences and relies heavily on personal touch and physical treatments, the beauty industry is boldly venturing into a new realm — the metaverse. This emerging virtual world seeks to revolutionize the conventional beauty experience by seemingly eradicating the...
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores determined to adapt to the reality of today’s economic landscape are overhauling their brick-and-mortar approach. The move is being spearheaded...
Twitter is now worth a third of the $44 billion Elon Musk paid for it. That’s according to a recent assessment by Fidelity, which has reportedly slashed the value of its own stake in the company — now listed as X Holdings — a number...
Regardless of income level, we’re all wary of what things cost and where the best deal can be had, online or in-store. It’s not too far-fetched to say we’ve become a nation of bargain-hunters. At a high level, merchants face a conundrum. There’s a world...
Financial fraud is growing faster and more sophisticated, making smart defense crucial for today’s organizations. Still, as the world grows ever more digital, so too do consumers’ and corporations’ identities, as well as the authentication controls around them. This transition period has provided bad actors...
Just as the payments ecosystem is constantly changing, so too must treasurers’ approach to executing transactions and battling fraud. Arnold Evans, managing director and co-head of Emerging Middle Market at JPMorgan Chase Commercial Banking, focuses on serving companies with up to $100 million in revenue....
The Securities and Exchange Commission (SEC) is reportedly looking into withdrawals made from Silicon Valley Bank before it collapsed. One focus of the inquiry is whether executives at private equity firms cashed out their personal accounts at the bank before their clients, Bloomberg reported Tuesday (May 30), citing...
Federal regulators have finalized an order requiring Mastercard to share card data with other payment networks. The Federal Trade Commission (FTC) said the consent order settles charges that Mastercard had unlawfully forced merchants to route debit card payments through its network, in violation of the 2010...
HSBC is reportedly set to rename the U.K. arm of Silicon Valley Bank (SVB). The European banking giant will next month announce the rechristening, dubbing the bank HSBC Innovation Banking, Great Britain’s Sky News reported Monday (May 29). The report quotes a “tech veteran” who said the...
