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Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

McKinsey calls this embedded finance — when a financial product or solution is placed in a non-financial setting, for example on a social media platform or in a store (private label credit cards are one old-school example). Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

Some cases in point include: In 2013, Target experienced a data breach where hackers accessed their customer credit card information by exploiting a weakness in the HVAC system’s network connection.

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How Castlery came back from the brink to disrupt the furniture industry

Inside Retail

Declan Ee: When we started in October 2013, there were four of us in a tiny, 84sqm basement, trying to build a global luxury brand. IR : Castlery launched in 2013 during the rise of direct-to-consumer (DTC) brands like Warby Parker and Everlane. But being a banker for 10 years, I was very clear that financing model did not work.

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‘Everybody’s got a Levi’s story’: Chip Bergh reflects on his legacy

Inside Retail

A model of Levi’s Stadium, the home of the San Francisco 49ers, which Levi’s acquired the naming rights to in 2013, and where Taylor Swift and Beyoncé recently performed on their respective blockbuster tours, rests on a nearby ledge. Asia is a huge part of our growth algorithm.

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Black Friday 2020 In-Store Traffic: An Expected Result in an Unexpected Season

Retail TouchPoints

It’s only since 2013 that Thanksgiving Day shopping started to become an event, and judging from the fact that it has only contributed 1.5% Before the COVID-19 outbreak, weekends in the United States accounted for roughly 53% of in-store traffic every week, with Saturdays at 22%. Yes, retail almost lost all traffic from last year.

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How to Make Money with Cryptocurrency

Small Biz Trends

trillion while the total volume in Decentralized finance (DeFi) is currently $7.30 You can also make money by opting to lend crypto the same way, banks pay interest on some savings accounts. The global cryptocurrency market cap is estimated at $1.28 For more insights check out our article on how to accept crypto payments.

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

Brittain, who stepped down from Whitbread in January this year, also sat on the board of M&S as a non-executive between 2013 and 2020. The accounting scandal led to a company fine of £129m and £85m in compensation for investors, and was soon followed by Tesco posting a £6.4bn loss.