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How to Improve Digital Privacy and Trust Between Consumers and Companies

Retail TouchPoints

While they’re not perfect, many financial services companies provide concise, one-page statements clearly detailing why consumer data is collected, how it is collected, what is collected and how it is used. They also set a good example by establishing a path toward greater accountability for both companies and competitors.

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Asda’s Issa brothers borrow £7m more from EG Group to cover private jets

Retail Gazette

The payments to Clear Sky LP and Clear Sky 2 LP push the full amount owed to the petrol forecourt’s business from £29.47m to £39.83m in 2023. An EG Group spokesman told The Telegraph: “EG Group provided loans to the Clear Sky companies at a commercial rate of interest to service external third-party debt.

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Buy now pay later: What’s retailers’ responsibility?

Inside Retail

In many ways, the switch to easy online retailing, with its lower operating models, has driven the retailing rebound. And it’s a powerful driver with ASX-listed BNPL providers processing about $10 billion worth of purchases in Australia and New Zealand, during 2019/20, according to the RBA. Until a payment is missed.

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Retail appointments of the week

Inside Retail

She will lead the wholesale and retail group, which has close to 120 independently owned and operated health food stores across Australia, and provides third-party distribution to over 500 independent health food stores across the country. The commitment included “making an immediate payment of €11.2 million (US$12.1

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25 Cybersecurity Statistics Small Businesses Should Know

Small Biz Trends

Business leaders can expect more incidents of attack surface expansion, data security breaches, digital supply chain attacks, ransomware attacks, distributed denial-of-service (DDoS) attacks, identity theft, and remote code execution attacks than in the previous year if they don’t take proactive cybersecurity measures.

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Top 5 Security Challenges for Buy Now Pay Later Apps

Retail TouchPoints

has grown by more than 300% per year since 2018, reaching 45 million active users in 2021. It’s clear this reverse layaway payment model is also here to stay. In BNPL, consumers receive the goods or services that they want to buy, but payment is staggered over monthly payments for a certain period of time with no interest.

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Starbucks, Amazon and Gucci: Retail embraces crypto, but it’s not easy

Inside Retail

The industry’s latest move: accepting cryptocurrency as a form of payment. In 2018, luxury watch makers Franck Muller and Hublot began offering exclusive timepieces that could be purchased only with Bitcoin. Since the beginning of this year, a number of brands have begun to process crypto payments in-store.