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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. By early 2019, Samsung Pay’s international presence grew to six global regions.

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Special K, Other CPG Brands Step Up D2C Efforts

PYMNTS

20 for its Special K brand. The flavors were “inspired” by Twitter conversations the brand had with consumers. There is a gold mine in DTC if one is not solely occupied in selling goods, but in authentically understanding needs,” says Michael Forhez , global managing director of consumer markets at Oracle Industry Solutions Group. “If

Branding 183
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Gap Inc. Online Sales Jump 61 Pct Amid Drop In Store Sales

PYMNTS

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. Management said results at its flagship Gap Global division included a formidable digital performance that partly offset decreased brick-and-mortar presence and lower physical traffic trends. billion at Q3 2019’s end.

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Auto1 Online Car Marketplace Plans To Go Public

PYMNTS

Auto1 said it would put about three-quarters of that back into its business, which includes its Autohero website brand. billion euros in 2019. In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. Revenue grew by 21 percent to reach 3.5

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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. It’s been said that “gamblers find things to gamble on.”

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Walmart Will No Longer Carry Danskin Brand

PYMNTS

Walmart will no longer carry Danskin brand apparel products in its stores or on its website, according to New York Post reports from Tuesday (Oct. Danskin is a 135-year-old brand owned by parent company Iconix Brand Group and generating $15.5 The retailer will remove the products from its shelves in 15 months. . On Monday (Oct.

Branding 104
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Banks can take cues from challengers on digital customer acquisition: Gartner

Bank Innovation

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

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