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Showing posts with the label Cybersecurity

Experts say Shein's U.S. IPO is all but dead

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[ad_1] The Shein logo can be seen on a smartphone, while the Chinese online retailer's website is open on a laptop.  Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein's hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and the U.S. roil business and trade. The company, last valued at $66 billion, confidentially filed to go public in the U.S. in November. Since then, it has faced resistance as it tries to join the American retail sphere, including through numerous rejected attempts to become a member of the National Retail Federation, the industry's largest trade association, CNBC previously reported. The e-commerce upstart filed to go public while becoming a household name in the U.S. by offering low prices and a facility to offer new styles quickly. The company is poised to take major market share from U.S. retailers, particularly Gap , TJX C...

Role of State Bank towards cyber security issues in line with digital banking - SUCH TV

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[ad_1] In the realm of banking, information technology has had a significant influence. Internet banking, sometimes known as e-banking, is an electronic payment framework that enables clients of a financial organization, such as a retail bank, virtual bank, credit association, or building society, to direct monetary exchanges on a site run by the organization. The banking industry has evolved dramatically since the Internet's advent, particularly in terms of security, because money is now in our hands with a simple click. The user has a variety of options for managing his money through various approaches. In the financial industry, internet banking has shown to be an excellent and beneficial means of banking. Most banks have quickly adopted this innovation in order to save costs and expand client relationships. As the supervisor and regulator of the banking industry and payment systems, the State Bank of Pakistan (SBP) has long been aware of the growing threat of cyber cr...