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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

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Today In Data: Holiday Weekend Sales And SMB Lending

PYMNTS

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 4,500 | Prize to be awarded to one ModCloth social media contest winner for his or her contributions to humanity. 60 percent | Portion of Singapore’s national spend done through payment cards.

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With Terrorists And Scammers Lurking, Is A Crypto Storm Looming?

PYMNTS

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S.

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

PYMNTS

Founded in 2011 by Harald Seiz, the firm offered online purchases of “cryptonyzed gold” tokens, offering customers a commission to sign up other “affiliates.” Website DECPAPI.com spotlighted an API with a countdown that showed the national stablecoin would launch on November 20. And the U.S.

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Halloween Spending Forecast To Break Records

PYMNTS

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. percent in 2011. Approximately one-third of consumers will look online for their Halloween inspirations this year, the NRF predicted, while 20 percent will ask their families and 18 percent will troll social media.

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FBI Hot On Syrian Money Laundering Trail

PYMNTS

The Justice Department said on Tuesday (March 22) that it has charged three Syrian nationals — each of them identified as being members (current or former) of the Syrian Electronic Army (SEA) — with counts of hacking and conspiracy. government and a number of international organizations, including media firms.

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Elder Financial Exploitation During a Pandemic: An Issue We Can’t Forget

Abrigo

Securities and Exchange Commission (SEC) is warning about online promotions, including on social media, claiming that products or services of publicly traded companies can prevent, detect, or cure COVID-19 and that the stock of these companies will dramatically increase in value as a result. It’s the right thing to do.

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