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Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

In fact, embedded finance will be a $777 billion opportunity by 2029. What’s really exciting about embedded finance is the simplicity of making complex payments accessible to a wide range of people and businesses, and the creative innovations that are opening new use cases and new opportunities. So how can businesses get a piece of it?

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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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Digital transformation: the evolving role of artificial intelligence in retail

Retail Focus

Rayan Cherri, global marketing manager at Ipsotek, said retail is undergoing a rapid digital transformation Critical tool for survival and growth First up is Ipsotek , a pioneer in the field of AIVA, otherwise known as artificial intelligence video analytics, and scenario-based intelligent video analytics.

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Is BNPL the right choice for your business?

Inside Retail

That means having honest conversations with BNPL providers and your own team around issues like fees, integration, UX, accreditation and customer ownership, accountability and bad debt management. . Do research on your target demographic and ensure that your business would benefit from offering BNPL at the checkout.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

In 2014, cybercriminals used a third-party vendor’s credentials to enter Home Depot’s network and deployed malware on the self-checkout systems to steal customer information. While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security.

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What the proposed buy now, pay later regulations mean for Aussie retail

Inside Retail

Frictionless and seamless Professor of marketing and industry consultant at Macquarie University, Jana Bowden cited IBISworld data, explaining that the BNPL sector had experienced sustained revenue growth of about 29.3 Given that the average consumer has two BNPL accounts we are looking at a debt multiplier effect.

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City Furniture Overhauls Ecommerce Approach to Create Highly Customized Shopper Journeys

Retail TouchPoints

Overall, mobile accounts for the majority of CITY Furniture’s traffic now, and the retailer is able to offer entirely different experiences to its mobile and desktop customers while still leveraging the same backend services, thanks to the headless microservices architecture approach. Mobile and Social Growth Motivated Online Upgrades.