September 26, 2023
Why One-Time Passcodes Are So 2019
Greg Esser, director of strategic partnerships in the U.S. at Entersekt, said one-time passcodes (OTPs) are due for a reckoning. For now, OTPs are still a valid way for consumers...
September 25, 2023
Governments Byte Back in Response to Digital Demand
Private sector innovation cycles can be blindingly fast, often far outpacing government efforts. The public has taken notice. These days, users of government services have little patience for inefficient brick-and-mortar...
September 05, 2023
Factory Order Data Underscores Need for Robust Inventory Management —...
The U.S. Commerce Department said Tuesday (Sept. 5) that orders for U.S. manufactured goods were down in July, by 2.1%, a reversal from four straight monthly gains. And with a...
August 31, 2023
KnitWell Group Brings Together Ann Taylor, Loft and Talbots
Three brands in the specialty apparel retail industry have been brought together in the KnitWell Group, a new holding company formed by private equity firm Sycamore Partners. With three apparel brands under its...
August 18, 2023
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone. Etsy, Poshmark and Depop took the concept a bit...
August 17, 2023
B2B Consumerization and Gen AI Needed to Unlock Potential of...
While B2B payment services have previously prioritized buyers, there is an increasing focus on providing value to suppliers, including accelerated payments. According to Matt Clark, president and chief operating officer of...
August 11, 2023
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net revenue for the quarter ending...
July 31, 2023
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
Seven years after their valuations peaked, America’s malls are on the ropes. As The Wall Street Journal (WSJ) reported Monday (July 31), the country’s older and lower-end malls have seen their values...
July 30, 2023
Google Says RT-2 Offers Glimpse of ‘Helpful Robot’ Future
Will Google’s RT-2 tool put us on the road to R2-D2? That’s what the tech giant is hoping. The company on Friday (July 28) debuted its Robotics Transformer 2, or RT-2, which...