On average, businesses in CPG invest just over one-fifth of their operating budget on technology, with the top three investments in cloud technology (45%), supply chain planning (42%), and cybersecurity (41%).
Plus, news on funding for a fraud preventer, a furniture drop-shipper, a conversational commerce company, an Amazon brand buyer and a company helping brands break into Asia.
Also, Affirm acquires a returns vendor, Glovo raises funds for dark warehouses, Signifyd adds $205 million in funding and Cart.com gets a Series A funding round.
Web applications are the primary focus of many cybercrime gangs related to data breaches—and should be the primary security concern for retailers. Such breaches generally result in the loss of customer data, including, in the worst cases, payment data and log-in and password combinations.
B2B buyers typically access and share more information than consumers do when making online purchases. That makes it even more important for B2B sellers to ensure their ecommerce data is secure, writes Arno Ham of Sana Commerce.