American lenders are offering promotions to attract customers after the banking crisis scared off depositors. Banks have begun offering signing bonuses for customers who start new accounts or regularly deposit funds, Reuters reported Thursday (April 6). These offerings are happening in the wake of the...
While other retailers are seeking partnerships with beauty retailers to secure high-end beauty brands and attract high-income earners, Dollar General is taking a different approach by focusing on what it does best — offering customers exceptional value, even in the beauty space. The discount retailer...
The global secondhand apparel market is expected to nearly double by 2027. The market will leap from $177 billion in 2022 to $351 billion in 2027, driven primarily by consumers seeking value, ThredUp, an online consignment and thrift store, said in a Wednesday (April 5)...
How do you convince a generation unused to wearing wristwatches to change their habits? If you’re a luxury brand like Rolex and Cartier, you apparently try to court them using Snapchat and bitcoin. That’s according to a Fashion Network report, which noted research indicating luxury...
TikTok might get banned in the U.S., but advertisers apparently aren’t behaving that way. Ad spending on the popular social media platform grew by 11% last month, the Financial Times (FT) reported Thursday (April 6), citing data from app analytics firm Sensor Tower. Among the...
Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 2023. Those companies raised $37 billion in venture capital (VC) in the first three months of the year, the lowest level in 13 quarters, Bloomberg News reported Thursday (April 6), citing data...
Credit and debit cards remain consumers’ dominant means of payment despite years of payment innovation. Online bank transfers, for example, have become a popular method for bill payments. This method’s consistency and ease of use have endeared it to consumers and allowed it to begin...
The platform economy accounts for over two-thirds of eCommerce transactions, but according to Romain Mazeries, CEO at FinTech firm Mangopay, solutions that tackle the complex payment needs of platforms and marketplaces remain scarce today, particularly in the business-to-business (B2B) space. For example, the flexibility to...
Employees are simultaneously a company’s first line of defense and their weakest link. That is because as today’s quick-moving, instant-everything modern world offers more hyperconnected vulnerabilities for bad actors to exploit, behavioral-driven fraud tactics are becoming an increasingly popular approach for breaching a firm’s defenses....
