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Virtual Account Numbers Facilitate International Digital Banking

PYMNTS

In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo , said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the needs of their end customers.

Numbers 115
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Construction, manufacturing and retail account for 40% of administrations

Accountancy Today

Data from The Gazette Official Public Record revealed construction, manufacturing and retail were the sectors that accounted for almost 40% of administrations in 2022. Greater London led the way with 22% of the filings, followed by the South East (17%) and North West (15%).

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Retail Lobby: “We Lied About Organized Theft”

Barry Ritholtz

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. This costs retailers anywhere between $15-20 billion annually in the US. No, “ nearly half ” of $94.5

Retail 141
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Startup lessons in the failure of Bench Accounting

CFO Share

But four days before year-end the busiest time of year for accounting firms they ran out of cash and ceased operations. It’s as though Walmart went out of business, and I’m a small-town retailer. For example, Bench ranked #1 in accounting SEO thanks to its professional marketing department.

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Retail sector accounted for 16% of UK administrations in 2023, analysis reveals

Accountancy Today

The retail sector accounted for 16% of administrations in the first six months of 2023 – the highest industry in the UK, according to analysis by full-service law firm Shakespeare Martineau. Retail, manufacturing, construction, hospitality and real estate were the worst-hit sectors, accounting for 57% of all administrations.

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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak for themselves. As seen in the opening flurry of numbers, consumers weren’t leaving home to shop. Malls And Department Stores Get Hit.

Retail 118
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Asia’s Race For Talent

Global Finance

As of October 31, 2023, the number of foreign workers in Japan reached a record high of 2,048,675, marking a 12.4% By industry, manufacturing accounts for the largest share at 27%, followed by the service industry at 15.7% and the wholesale and retail sector at 12.9%. increase), 412,501 technical internship trainees (20.2%