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Online B2B wholesale platform Peeba has raised $4.2 million in seed funding to help retailers in Asia cope with pressure from the pandemic.The Hong Kong company said in a news release Thursday April 7 it will use the funds to deepen its localization efforts across 11 APAC countries, as well as to further build out the machine learning technologies underlying its platform. Peeba argues that Asias B2B retail wholesale market is antiquated and thus had trouble dealing with pandemic lockdowns. Currently, most independent Asian retailers rely on trade shows and in-person sales visits to source new brands and pro
stanley germany ducts, the company said. This approach is slow and arduous, involving significant legwork even without the added complication of COVID-19 interrupting in-person meetings. Peeba says it responded with its B2B wholesale online platform, designed to connect brands from around the world with independent retailers across the Asia Pacific region. The company says it has onboarded 25,000 retail users and 1,500 brands, with more than 100,000 products on its platform.Read more: Trade Finance Provides Lifelines to Asian B2B Marketplaces Hit by PandemicThe company says it will use the seed money to expand its local office and hire more staff to improve local language support across 11 countries and regions including Taiwan, Singapore, and Malaysia. Peeba says it wants to continue improving its platforms tech, which
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Is it time to mark the passing of the password Dont hang the crepe and black bunting just yet. But then again, the passwords breathing and pulse seem to be 鈥?perhaps a bit labored and slowed.Last week, the FIDO Alliance and the World Wide Web Consortium announced the launch of Web Authentication WebAuthn , billed as a password-free browser.Standards bodies, then, are coming together to offer a standard protocol to hasten logins without using passwords.A few heavyweights have signed on, and perhaps youve heard of them: Microsoft, Google and Mozilla. Through WebAuthn, the announcement from last week stated, a sta
stanley cup ndard web API can be incorporated into browsers and other platform infrastructure, with the end result that users can authenticate themselves across websites and the hardware they use to navigate those sites 鈥?from mobile devices to laptops.In an example proffered by FIDO and WebAuthn, when users work from a laptop and encounter a website that requires a login, they are sent a prompt via WebAuthn to check their phones 鈥?and with a tap on their phones 鈥?presto, login commences.I
stanley mug n an interview with Karen Webster, Brett McDowell, executive director of the FIDO Alliance, said this is the beginning of what might be a sea change in authentication. I see a long roadmap of FIDO authenticati
stanley quencher on becoming the new normal for all of our online login requirements, he said, eyeing the fact that Firefox, Edge and Chrome are on board with supporting the user authentication framework th
