Bankrupt party supply retailer Party City is closing more stores as it prepares to go private. The company last week shuttered nine stores in five different states and will auction the locations off later this week, according to A&G Real Estate Partners, its real estate...
Klarna has debuted a personalized shopping feed powered by artificial intelligence (AI). The new tool, announced Tuesday (April 25), is part of a suite of new products for shoppers, creators and retailers from the Swedish payments company, and the latest example of AI’s prevalence in...
With eCommerce growth eclipsing that of Europe or the U.S., Türkiye offers a prime opportunity for global sellers, but new regulation will change how eCommerce business is done, Worldline’s Michael Bilotta and Roman Tazetdinov explain.
Türkiye represents an enticing opportunity for foreign merchants, especially as eCommerce quickly gains popularity in the region. Never before has it been easier to gain an entirely new customer base from anywhere in the world, as the need for brick-and-mortar stores and warehouses in the country has been dramatically reduced...
The physicality of face-to-face commerce has put a huge dent in fraud. Or at least some types of fraud. EMV chips have made it hard to clone cards. Chip, PIN and signature combinations have also been instrumental in keeping fraudsters at bay. Entersekt Co-founder and...
Digitization across the banking landscape is a one-way street that is only accelerating. As modern solutions and systems take the marketplace by storm, it is imperative that firms establish both a culture of compliance and an elastic, scalable risk management framework in order to take...
Consumers want to make their daily routines simple and more connected, and hands-free voice-activated technologies can fit the bill. Consumers already use voice assistants to find information, play music or find and book airline tickets, among many other possibilities. Consumers performed an average of six tasks...
Hospitals and other healthcare-related facilities are turning to gig economy apps to fill gaps in their nursing staff. This employment crunch began in 2020 and 2021 as a direct result of pandemic-related pressures but has continued into 2023. The shortage amounts to the largest drop in nursing employment in...
First Republic Bank expects to reduce its workforce by as much as 25% in the second quarter. In its first earnings report since experiencing a bank run and getting support from 11 banks in the form of $30 billion in deposits, the bank said in...
