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鈥淲e have several hundred open positions in the US, Europe, and China.鈥�. Layoffs are damaging pandemic-era diversity initiatives: Recent layoffs have scrubbed the attempts to boost employee diversity, per The Washington Post. Women represent about 39% of the overall workforce but 46% of all layoffs since September, per Layoffs.fyi.

The trend: As TikTok faces bans in Western areas like Europe, Canada, and the United States, its growth prospects continue to look strong in its home region, where nearly 60% of the world鈥檚 social network users are based. In Asia-Pacific, TikTok will be the fastest-growing social platform this year.

Kering said that traffic throughout the quarter was 鈥減ersistently weak鈥� as worsening macroeconomic conditions weighed on consumer sentiment and 蝉丑辞辫辫别谤蝉鈥� desire and ability to spend on a $3,800 Gucci handbag.

Temu and Shein鈥檚 ad bidding war drove spending away from search: CPCs spiked after the two retailers claimed in-demand search ad space.

At the end of last month, February 17th, in fact, the European Commission fully implemented this new and core piece of digital legislation in the EU. Here's Margrethe Vestager, Executive Vice President of the European Commission, explaining the rationale for this act. Margrethe Vestager:.

Banks, FIs, and fintechs must work together to quickly identify scams and to build stronger preventative controls.

Around 40% of boomers said last November that they mostly or always shop in-store, according to data from Attest. For Gen Xers, that total was 27%, with the proportion dropping to 23% among adults overall. Boomers were the only cohort to see in-store responses outnumber online responses. How should advertisers optimize for their digital audiences across generations?

This third annual study ranks the four largest UK neobanks by customers based on their support of 49 emerging mobile banking features, weighted by consumer demand for each feature.

The law says Europeans' personal data must be protected when transferred outside of Europe. Regulators think Meta's data flows exposed Europeans to America's weaker privacy laws, where US intelligence agencies can intercept communications from abroad. Meta says it will appeal against the quote, unquote, "Unjustified and unnecessary ruling."

First of its kind: UK-based startup Evident created the index, which ranks the 23 largest banks in North America and Europe by their ability to develop and deploy AI-powered solutions. The index scores the bank across four factors: AI-focused talent, AI innovation, leadership in AI strategy and implementation, and transparency of responsible AI practices.

Banks can demonstrate their understanding of Gen Z trends by inserting themselves into this popular savings process.

Tailored to your unique retail and e-commerce businesses, these one-on-one sessions provide a deeper understanding of the most relevant and timely research of affecting your growth goals. Visit insiderintelligence.com/analystaccess to find out how you can book interactive presentations on retail media, CPGs, and more. Jenna McNamee:. Incumbent banks especially.

The news: Apple proposed letting third-party mobile wallet and payment providers access the iPhone鈥檚 near-field communication (NFC) capabilities in the European Union, per a European Commission press release. The concession is meant to address a European Commission antitrust investigation against Apple.

It鈥檚 a large volume opportunity for the BNPL player and helps Klarna compete with. It can also help keep users loyal to Apple as its NFC tech opens up

Insider Intelligence (II): SumUp launched a digital wallet for customers across Europe in September. Why expand into customer payments? Steve Delpy (SD): We launched a wallet product back in 2014, but the timing wasn't right. We deprioritized that, focusing instead on the merchant experience.

Insider Intelligence (II): SumUp launched a digital wallet for customers across Europe in September. Why expand into customer payments? Steve Delpy (SD): We launched a wallet product back in 2014, but the timing wasn't right. We deprioritized that, focusing instead on the merchant experience.

Launched in Q2 2009 as Mercado Libre Publicidad, then rebranded to Mercado Ads in September 2020, the regional ecommerce giant managed to gain a significant edge over Amazon in Latin America through years of multibillion-dollar investments into fortifying its retail flywheel. (That flywheel comprises ecommerce, logistics, financial services, media, and advertising.).

Inditex bounces back after a rainy summer dented sales growth: The Zara parent reported a strong start to Q3 as shoppers responded positively to its product assortment.

Mastercard, for example, partners with Citi to provide cardholders with detailed purchase information directly to their bank app and participates in open banking ecommerce payments in Europe. It also continues to develop new data-driven services and solutions powered by generative AI (genAI). Issuers face threats amid a cloud-based opportunity.

Users will earn up to 0.1% cash back on purchases in Europe and 1% everywhere elsewhere. It also offers 拢10,000 ($12,322.42) in annual purchase protection. Travel perks include up to 拢5,000 ($6,161.21) a year in trip cancellation reimbursements, global medical emergency coverage, and access to more than 1,400 airport lounges.

The news: The European Central Bank (ECB) opened applications for vendors to provide services related to a potential digital euro. The ECB is hiring for risk and fraud management, an app and SDK, offline solutions, secure exchange of payment data, and alias lookup. The framework budget for these five services totals $1.2 billion. Settlement systems will be sourced internally.