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There’s no denying that e-commerce sales have skyrocketed in recent years. According to statistics, global e-commerce sales reached $3.5 trillion in 2019, and 19.5% of all retail sales are expected to take place over the Internet.
Plus, with more people buying online each year, and in particular using their mobile devices to purchase products and services, it makes perfect sense for businesses of all sizes to have an online store so they can cater to those digital buyers.
The increasing use of technology to verify one’s identity has been gradually making an impact on everyday life. Whether it’s two-factor authentication or facial recognition technology on smartphones, it is clear that identity verification is here to stay.
These days, businesses are employing stricter methods to verify customer identity. To mitigate the risk of bank and credit card fraud, two-factor authentication has become the norm for many online and mobile banking apps.
If you are new to lighting, there’s a good chance you have already heard about DMX. You might be thinking to yourself — what is DMX exactly? Well, we are here to help define what DMX is and give our readers a better idea of how DMX controllers work. Once you discover all of the ways you can use a DMX, you’ll be well on your way to confidently create custom lighting packages.
After a challenging 2020, this year brings hope of revival and recovery for small businesses. Many have already reopened, and others have it on the cards sooner rather than later. Right now, business owners are most concerned about securing their workspace and employees from the virus. But it doesn’t mean you can go slack with the physical security of your premises. You may have to go the extra mile because chances of break-ins run high during troubled times. It is the last thing you will want to encounter at this point. Thankfully, some simple measures can help you ramp up premises security without burdening your small business budgets. Let us list them for you.
As retail itself has suffered, ecommerce has exploded. The COVID-19 crisis turned society as we know it on its head, impacting every aspect of our daily lives. One of the many things to change was the way we shop, forcing fans of the high street to take the plunge and move to online shopping. After the gradual shrinking of in-store shoppers in recent years, many experts are calling the pandemic the final nail in the coffin of real-world shopping.
Ecommerce usage has skyrocketed with the COVID-19 crisis, and while this has led to a boom in sales for many online brands, it has also created a stark increase in cybersecurity threats. Verizon reports that attacks ecommerce applications are now by far the leading cause of breaches in the retail industry. So what can online businesses do to protect themselves against data-hungry hackers?
If you’re lucky enough to own a MacBook you’ll know what high-performing machines these are. Whether you’re at the office or working from home you’ll need a reliable machine to go about your day-to-day. If you’re looking to boost your productivity levels, these four MacBook hacks may well come in handy.
Real-time analytics—that is, using mathematics and logic to gain insights from data as it is collected—is a key component of a sound and smart decision-making process. This capability can be utilized to track the effectiveness of marketing campaigns and see how these efforts are translated to sales, to ensure that the bank can enhance its balance sheet management efforts, boost workflow efficiency, and improve the bank’s understanding of customer behaviors. Real-time analytics is one of the crucial features that forward-looking banks should look for when shopping for solutions and products that will bring the digital revolution to their respective organizations.
Identity theft is a big threat to online businesses: the fraudsters/hackers access your customers personal information like ID, credit card number, name and address among others. Then, they use this information to open accounts, make online purchases withdraw money or even get tax refunds. Four main ways people can steal your customer’s identity are through oversharing, hacking, phishing/cold calling or an inside job
Safeguarding your customer’s data should be one of your top concerns. A data breach could put your customers in danger financially and physically, it could ruin your business’s reputation and will cost you thousands or even millions to fix depending on the degree of damage caused.
So how do you prevent customer identity theft on your online business? Follow strong digital security practices for your business.
With cyberattacks on the rise, online security has never been more important for individuals and small businesses alike. If you have a website and accept payments online, then keeping your information safe from criminals is essential. Your small business can suffer a great deal from data breaches and attacks, with many start-ups being forced to stop trading after they’ve been hacked. Larger companies can often weather the storm, but you should always do everything you can to keep your small business safe.
After the drastic wave of the COVID-19 global pandemic, the retail stores have worked harder on their operational efficiency and tried bringing some remarkable changes. From cashless payments to the robotic shopping experience, there are many transformations enriching the retail shopping exposure for all of us.
If we talk according to the facts and figures, the global retail sales market was somewhere around 23.6 trillion U.S. dollars by the end of 2018. Now, the experts are making strong predictions about the global retail sales to touch 26.7 trillion U.S. dollars by the end of 2022. Now, this must be enough to expose the leading retail industry approach all over the world.
