Remove 2014 Remove Boston Remove Millennials Remove Retail
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Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116
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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2 Share of U.S.

Apple 227
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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

So, Amazon hasn’t just benefited its customers: It has forced retailers to lower prices and increase their levels of service. The introduction of Alexa in 2014, and the creation of a voice-activated ecosystem with tens of thousands of skills, is a more recent proof point of that value creation. percent of all retail sales to 6.4

Cards 169
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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Getting Mobile Ready

Independent Banker

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Consumer studies the Boston firm has conducted indicate increasing mobile-banking adoption and awareness and use of mobile remote-deposit capture applications.

Mobile 105
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Innovation in the Asset Management industry

Tefkin

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. and previously acquired ByAllAccounts for $28M (all transactions in 2014!). as the Blooomberg article explains: . “We