CFOtech UK - Technology news for CFOs & financial decision-makers

Retail stories

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Korean Air partners with Accelya for strategic retail modernisation
Today
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aws
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cx
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asia pacific
Accelya has landed a major deal to bolster retail modernisation for Korean Air, providing strategic control and enhanced customer experience through its FLX Platform.
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Global surge in DDoS attacks causes dire financial consequences
Yesterday
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cybersecurity
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telecommunications
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retail
A new report indicates a rise in global Distributed Denial of Service DDoS attacks in 2023, with attack durations soaring 400%.
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Telecoms industry's benefits most generous, says Vestd study
2 days ago
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seo
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martech
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retail
Telecom sector leads in job benefits, according to a study by Vestd, amid reports that 70% of UK workers are considering changing jobs in 2024.
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How Innovative Loyalty Programs Boost Customer Retention
2 days ago
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cx
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martech
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retail
Retail subscriptions have proven to be key in fostering enduring brand loyalty and customer retention, responding to changing consumer behaviours and economic shifts.
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Exclusive: Why Elastic continues to see positive momentum
Last week
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ai
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ml
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cybersecurity
Gavin Jones, Area VP for ANZ at Elastic, the leading search analytics firm, shares insights on its strategic direction and technological advancements.
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40% of UK consumers to buy Valentine's gifts, says Airtime Rewards survey
Last week
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accounting systems
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digital banking
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valentine's day
Valentine's Day still attractive to UK consumers: 40% plan to spend on gifts and 42% intend to go shopping, despite 62% choosing not to observe, according to Airtime Rewards research.
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UK retailers' inconsistent return policies revealed by Sendcloud study
Last week
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retail
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study
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transparency
Sendcloud's study reveals a lack of transparency in return policies among the UK's top 100 retailers, with only 23% clearly showing their paid return policies on their homepages.
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Fivetran assists Deliveroo for improved engineering efficiency & cost savings
Last week
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big data
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payroll systems
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bi
Fivetran's automated data integration platform aids Deliveroo in centralising data, leading to enhanced engineering efficiency, speedier decision-making, and significant cost savings.
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Medallia launches Agile Research for advanced market insights
Last week
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big data
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bi
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cx
Medallia, Inc. unveils Medallia Agile Research, an advanced self-service market research tool integrated into its Experience Cloud, aimed at enabling fast, comprehensive surveys and data collection while preserving the integrity of an organisation's data history.
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What’s behind the tech revolution transforming Australian retail
Last week
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byod
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mobility
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mdm
Retailers are turning to advanced technologies to improve inventory visibility and customer buying history and to surface accurate delivery information. .
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Consult Red names David Webster as new CFO in growth strategy
Last week
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connectivity
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construction
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cfo
Tech firm Consult Red targets aggressive growth with the appointment of finance veteran David Webster as CFO, enhancing their consultancy and engineering services portfolio.
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$74 billion loss risk for firms from poor customer service
Last week
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cx
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martech
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ai
Australian businesses face an annual financial risk of AU$74bn due to poor customer service, reveals Qualtrics' study.
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Rise in poly-employment among shift workers hits 25-year high
Last week
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retail
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deputy
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australian bureau of statistics
Australian shift workers are increasingly taking on multiple jobs, a trend called 'poly-employment', which has reached a 25-year high.
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New Notitia branch amid rising demand for tech services
Last week
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bi
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big data
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data analytics
Australian tech firm Notitia is to open a third office in Canberra, driven by rising demand for data and tech consulting.
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BigCommerce unveils Catalyst, next-gen storefront technology
Last week
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app development
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apm
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b2b
BigCommerce unveils Catalyst, a next-generation storefront technology set to transform the way brands and retailers operate headless storefronts.
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Prospa offers interest-free loans to New Zealand SMEs for EOFY
Last week
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prospa
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retail
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nz
Prospa, a fintech firm, unveils special EOFY offer providing business loans with no interest or repayments for four weeks, aimed at offering much-needed relief to SMEs facing ongoing supply chain and labour cost issues.
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Exclusive: Claroty's cybersecurity evolution in ANZ digital shift
This month
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digital transformation
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physical security
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ai security
Claroty's ANZ Regional Director, Leon Poggioli, details the firm's pioneering role in the defence of cyber-physical systems amid accelerating digitalisation in ANZ.
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AI threatens SaaS platforms in Aotearoa retail sector
This month
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ai
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retail
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automation
In the face of rising AI presence, consumers' hunger for speed and unique shopping experiences may leave most retail SaaS platforms obsolete by 2024.
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eCommerce expert Lisa Powell joins Deliver In Person's advisory board
This month
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cx
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martech
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retail
eCommerce veteran Lisa Powell joins personalised last-mile delivery service Deliver In Person's Advisory Board, aiming to enhance customer experience in Australia's luxury market.
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Dotz Nano secures $12 million for carbon capture tech
This month
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technology funding
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retail
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funding
Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.
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Online privacy changes may hike Australian eCommerce prices
This month
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bi
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big data
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cdp
Impending alterations to online privacy practices could inflate Australian e-commerce prices by up to 25 per cent.
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Amazon overtakes eBay as Australia's top marketplace
This month
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amazon
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ebay
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google
Amazon supersedes eBay as Australia's top marketplace, with 94% of Australians planning to continue online shopping in 2024.
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Aussie consumers embrace instore tech but fret over data security
This month
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digital transformation
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data protection
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ai
Amidst pressures for digital integration in stores, 93% of Aussie consumers use in-store tech but 80% worry about data security, whilst 44% encounter technical issues, reveals a SOTI report.
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PMT Communications welcomes industry veterans as part of expansion
This month
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wifi
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retail
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telecommunications
PMT Communications, a subsidiary of PMT Security, enlists seasoned industrial veterans for its key executive roles, signalling its strategy towards comprehensive expansion.