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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .

Finance 231
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How to Buy a Franchise in 2022

Small Biz Trends

With adaptations for geography, most franchises look and operate the same. The franchise has an established design and mode of operation. For your investment, you get to capitalize on that familiar look and operation customers already know and trust. Popular franchises will have more financing options.

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Experts predict the biggest fintech trends for 2023

365 Retail

Whilst buy now pay later has raised concern in recent years, the online trend allowing customers to split their payments into interest-free instalments continues to surge. . The financial promotion rules for BNPL are also set to change to ensure advertisements are clear and do not mislead consumers. . Embedded finance .

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These Were the Top Retail Stories of 2022

VMS

n 2022, inflation drove prices and interest rates higher. Starbucks workers organized at many locations in 2022. The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. Advertisement. But the expected comeback in 2022 – both in store and online – never materialized.

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Startups spring from ashes of Big Tech purge

Inside Retail

Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13 per cent reduction of its workforce as the advertising market cratered. While overall venture capital (VC) financing fell 33% globally to about $483 billion in 2022, early-stage funding was robust, with $37.4

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2023 Retail Success Guide

Independent Retailer

More ecommerce engagement and transactions should be facilitated through the likes of chatbots, AR/VR, and similar interactive tools. In-app advertising and purchasing of products will dramatically increase in 2023. . Loyalty will be a low priority for shoppers as they focus on their personal finances. Conversational Commerce.

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What Is Cybersecurity?

Small Biz Trends

They’re interested in valuable targets, they also can tweak their practices to attack easy targets to steal employee and customer records, bank account information, access business finances, and gain access to larger networks. In addition to the products and services you offer, your customers come to you because they trust you.