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dwrm Daily Data Dive: Paytm s E-Commerce Unit Sees $200M Investment Boost
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Wael Credit2B Launches Real-Time Business Risk Analysis Tool
As the pandemic begins to fade, luxury brands are trying to get back on the horse stanley mug after COVID-19 caused sales to plummet. But rising prices and the growth of eCommerce, which experts say luxury fashion was slow to adopt, potentially leave the door open for newcomers.For example, Mehdi Raad, founder and CEO of mens fashion brand Maceoo, sees an opportunity to bring his nascent clothing lines to more consumers through a growing number of stanley uk brick-and-mortar locations. The quality that we use, its the same quality of brands like LV Louis Vuitton or Christian Dior or many other brands, but its not really expensive compared to what the other brands sell, Raad said. Its the same factory, the same quality, the same value. The goal, he said, is to be the Apple of the fashion world, applying the principles of a tech company to clothing. We dont want to just sell a garment, we want to sell a solution 鈥?for your posture, for the way you carry yourself and your confidence. Maceoo uses an algorithm based on a sample of 30 million people to determine the sizing of its clothes, adjusting the dimensions every year to come up with the best fit. Theyr stanley kubek e minimal /changes, but we keep adjusting, Raad said. A lot of people have sleeve length problems, but we dont have that problem. According to research by Bain Co., the luxury industry shrank by approximately 20 percent in 2020 amid the COVID-19 pandemic, with personal luxury goods falling by 23 percent, the first time that market has Mcqu Payments FinTech Highline Looks to Expand After $13M Series A
Billtrusts B2B payments and billing portal, Invoice Central, just got an upgrade. The company rolled out enhancemen stanley cup ts to the platform on Thursday Feb. 18 , a move that was twofold, according to Billtrust SVP and General Manager of Invoice Central Paul Harrison.Reports said Invoice Centrals upgrades aim to reduce the cost for suppliers to accept credit card payments from corporate buyers and eases the onboarding process for SMEs that want to begin using the platform.Together, the changes are part of Billtrusts broader goal of making it easier for buyers and suppliers to ditch paper. We have been hearing for years that small businesses are looking for alternatives to printing checks, paying for postage and scrambling to get payments into the mail on time, Harrison said in a statement. However, these businesses have historically been unwilling to move away from paper checks until there was an electronic equivalent of a universally accepted payment method that is free to use. He added that Invoice Central is the push these businesses need to make that change.According to reports, Invoice Central achieved Level 2 and 3 interchange qualification, a move that means suppliers can accept payments stanley cup made with a card product for more affordable rates.And in the second upgrade, Billtrust struck a partnership with FinTech platform Plaid to make it easier for SMEs to upload their bank account information using the stanley termos ir bank account credentials, instead of having to manually enter account dat |
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