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How Kohl’s Is ‘Thinking Differently’ As It Moves On Millennial Shoppers

PYMNTS

When Kohl’s decided to bring Amazon into its store locations about a year ago, many commentators wondered if the brand had made a big mistake. Gass’ hope is to help push the Kohl’s base lower, as she is looking to draw millennial customers to the brand as their new go-to location for merchandise of all kinds.

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Millennials Are Buying More Gift Cards Than Ever — For Themselves

PYMNTS

Maybe millennials really are a self-centered bunch? Still, Mercator Advisory Group did note that the number of men purchasing retailer-specific gift cards has “grown steadily” since the firm began tracking the number in 2013. Mercator Advisory Group surveyed 3,009 U.S. The study found that these types of consumers are steadily growing.

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SoFi Attracts Big Name In Latest Funding Round

PYMNTS

It has around $12 billion in assets under management. billion in 2018, up from under $1 billion in 2013. The company teamed up with Coinbase for a zero-fee branded cryptocurrency trading platform, and there are plans for a credit card by the end of the year. It also handles management services and mortgage refinances.

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The New Kitchen Merges With The Old

PYMNTS

Corelle Brands has been around for a while — like 100 years. By today’s standards, it looks anything like an innovative brand. Corning didn’t invent heat-resistant glass when it rolled out its branded version of Pyrex. Yes, Instant Pot-side chats are the fireside chats of the millennial generation.

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What Moved Movado About MVMT

PYMNTS

A lifestyle brand for millennial buyers with an eye for design – but perhaps not the pocketbook for designer prices – the watch and accessories startup MVMT started on its path in 2013. After doing some research on suppliers, the duo found quite a staggering gap between wholesale and retail prices in watch brands.

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This Week’s Reads: Underbanked, Checks, Biometrics

Banking 2020

Articles via Credit Union Times, Bank Innovation, American Banker, The Financial Brand. From the years 2003 to 2013, the amount of checks used for payments has decreased from 36 million to 18 billion. The disappearing check: how long until the end? The disappearing check: how long until the end?: No loyalty? What have you been reading?

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Fintech And Financial Institutions – Bridging the Gap

NCR

Bankrate’s conversion of the Quizzle app (purchased from Quicken Loans in 2016) to Score & Report, white-labeled for use by community banks and credit unions, enables a branded and cost effective solution for quick adoption of new technology. billion in 2013 to a peak of $27 billion in 2015. US investment in fintech rose from $3.3

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