News

Retail
Charlotte Tilbury Goes Mobile With AI
June 15, 2023

Ordering the right color foundation online can be hard, especially when you don’t know your shade to begin with — an issue makeup lovers know all too well. Namesake beauty brand Charlotte Tilbury is looking to tackle this challenge (and more) by introducing a mobile...

Retail
Walmart Adds NBCUniversal to Stable of Omnichannel Partners
June 15, 2023

Walmart and NBCUniversal have teamed to test retail media-powered ads within live sports streaming. “This will mark the first time NBCUniversal’s live sports streaming inventory will be available through a retail media network – just in time for this autumn’s prime sports seasons and holiday...

IPO
CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
June 15, 2023

CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for an initial public offering last week, and restated those intentions Thursday (June 15). “Following significant interest in CAB Payments, the...

Regulation
AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
June 15, 2023

By Danni Yu & Benjamin Cedric Larsen Different AI regulatory regimes are currently emerging across Europe, the United States, China, and elsewhere. But what do these new regulatory regimes mean for companies and their adoption of self-regulatory and compliance-based tools and practices? This article outlines how...

Payments Innovation
How Payments Vaults Can Improve the Bottom Line
June 15, 2023

Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the nearly 70% of online carts that shoppers abandon, 18% are because they do not trust...

Retail
LVMH Partners With Epic Games to Unleash Immersive Experiences
June 14, 2023

LVMH Moët Hennessy Louis Vuitton has forged a partnership with the creators of Fortnite, Epic Games, to launch immersive experiences for customers within the virtual world.   Through the collaboration, LVMH is looking to enhance its design pipeline by integrating advanced 3D technology and capitalizing on the...

eCommerce
TrueCar Is Restructuring and Changing Management as Losses Continue
June 14, 2023

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction...

Artificial Intelligence
Google Uses Gen AI to Power Virtual Try-On Tool
June 14, 2023

Google has added generative artificial intelligence (AI) to its shopping feature with a new virtual try-on tool. This new product, announced Wednesday (June 14), comes as AI increasingly becomes part of the shopping experience. In this case, it means offering consumers the same assurances they...

CFPB
CFPB’s Chopra Warns of Consumer Credit Delinquency as Total Household Debt Hits $17 Trillion
June 14, 2023

At the latest hearing focused on the Consumer Financial Protection Bureau, things got heated even before Director Rohit Chopra uttered a word. At the Wednesday (June 14) hearing before the U.S. House Committee on Financial Services, titled “The Semi-Annual Report of the Bureau of Consumer...