Articles by tag: BNPL
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Viewing Security as an Expense is Costing Companies More, But Investing in it Actually Improves Their Profitability
The intersection between security and financial acumen often gets overshadowed in a constantly changing economic landscape. While security is essential for safeguarding assets and ensuring continuity, its perceived monetary value is mired in misconceptions affecting company profitability. For many, security is viewed primarily as an expense rather than a potential cost-saver. However, understanding […]
Bart De Muynck on Navigating the Supply Chain
How is AI transforming the logistics industry, and what are the key trends shaping its future? Join Chris Torrence, Chief Strategy Officer at Optym, as he welcomes Bart De Muynck, a strategic advisor in logistics and technology. The dynamic conversation between the two industry veterans touches on various macro-level trends in the supply chain, […]
Healthy Habits Soundbite: Luke Johnson’s Evolving Fitness Goals
Transitioning from the grueling demands of collegiate football to nurturing a lifelong fitness journey, Luke Johnson, Co-Founder and CEO of CapExpert, unveils a shift in perspective towards physical well-being. As the rigors of youthful athleticism give way to the pursuit of a pain-free golf swing and the serenity of Denver’s hiking trails, a tale of […]
DTC Brands Struggle to Adapt With 2023 Consumers: Brand Trust and Flexibility is Necessary
Selling directly to the consumer buying your products can be incredibly profitable for a business, so why don’t all businesses sell directly to consumers? The simple answer is that there are many risks and challenges that come with running a direct-to-consumer (DTC) business, and the risks do not always pay off. The success […]
U.S. Consumer Debt Hits a Record High. To Maneuver This Debt Avalanche, Consumers Need Accurate Credit Reports.
Caught between a rock and a hard place, American consumers face a growing debt crisis as the New York Fed’s Q4 2022 Household Debt report reveals a staggering $16.9 trillion in consumer debt. Credit card balances have grown 15.2% year-over-year and 6.6% quarter-to-quarter, marking the highest quarterly growth on record. The report highlights that […]
Consumers Break Early Holiday Shopping Records: A Win for Retail
Thanksgiving weekend was a revenue win for the retail industry as consumers could not forgo early holiday shopping. Since the pandemic and current recession, retailers have been feeling the pressure from consumers as they raise their prices while consumers spend their money more wisely. The holiday season brings retailers the chance to make sales, […]
How Buy Now Pay Later is Impacting the Store Experience
The popularity of BNPL (buy now, pay later) has grown tremendously over the past decade. The attraction of breaking purchasing payments up over weeks without interest or late fees is undeniable. In fact, “BNPL spending in the US is up 230% since 2020, per a September report by Accenture… [and] it’s estimated to total ~$226 billion this year, […]
